PBOI Margin definition
PBOI Margin as the sum of (x) the Company’s Adjusted EBITDA and (y) any amount of bonus earned by the Company’s employees for the applicable period divided by (z) Net Sales, where all inputs are as reported by the Company for the applicable Performance Period.]
Examples of PBOI Margin in a sentence
With respect to each Performance Period, the Committee shall determine and specify the [Net Sales, PBOI Margin, Authorized Control4 Assist Integrator, and Engagement] Performance amounts that correlate with each of the “Performance Levels” specified in the “Earned Percentage” chart below (such amounts, the “Performance Targets”).