Pre-Tax Profits means After-Tax Profits, adjusted to add back the provisions for income taxes and minority interests or to deduct the recoveries for income taxes and minority interests as set forth in the Corporation's audited Consolidated Statement of Income or Loss for such Year;
Pre-Tax Profits means the profit (loss) of the Company for the applicable period prior to payment of or provision for federal, state or local income taxes for such period determined in accordance with generally accepted accounting principles in the United States, consistently applied, as reflected in the audited financial statements of the Company for the applicable period.
Pre-Tax Profits as used herein means the profits of the Company determined in accordance with generally accepted accounting principles consistently applied prior to:
Examples of Pre-Tax Profits in a sentence
If the actual Pre-Tax Profits for the Year 2001 (the “2001 Actual Performance”) is more than or equal to NTD118,750,000 (approximately HKD26,649,461), Diamond shall pay the full amount of Year 2001 Earn-out Payment by way of the issuance and allotment of the Consideration Tom Shares and the IPO Shares.
More Definitions of Pre-Tax Profits
Pre-Tax Profits means those profits of the Company for any fiscal year determined prior to the reduction for any federal or state income taxes and prior to the grant of any Awards to the Executive or any other individual under the Executive Plan and determined in accordance with generally accepted accounting principles as consistently applied. Any Awards payable pursuant to this Section 3.2 are sometimes hereinafter referred to as "Incentive Compensation." Each period for which Incentive Compensation is payable under the Executive Plan is sometimes hereinafter referred to as a Bonus Period. Unless otherwise specified by the Committee or the Board pursuant to the Executive Plan, the Bonus Period shall be the fiscal year of the Company.
Pre-Tax Profits means those profits of the Company for any fiscal year determined prior to the reduction for any federal or state income taxes and prior to the grant of any Awards to the Executive or any other individual under the Executive Plan and determined in accordance with generally accepted accounting principles as consistently applied. EBITDA shall have the same meaning for purposes of this Agreement as it is given for purposes of the Company's financial statements, and shall be determined in accordance with generally accepted accounting principles as consistently applied. Any Awards payable pursuant to this Section 3.2 are sometimes hereinafter referred to as "Incentive Compensation." Each period for which Incentive Compensation is payable under the Executive Plan is sometimes hereinafter referred to as a Bonus Period. Unless otherwise specified by the Committee or the Board pursuant to the Executive Plan, the Bonus Period shall be the fiscal year of the Company."
Pre-Tax Profits means the amount of pre-tax profits of the Company calculated by the Chief Financial Officer applying generally accepted accounting principles and such other accounting principles and assumptions as may be reasonable.
Pre-Tax Profits means the pre-tax profits of the Company and the Subsidiary as calculated in accordance with SCHEDULE 2 for each three-month period during the period commencing on 1 October 1998 and ending on 30 September 2000 as shown in unaudited management accounts (comprising in each case a balance sheet and a profit and loss account) of the Company and the Subsidiary;
Pre-Tax Profits means, with respect to any Fiscal Measuring Year, the net combined or consolidated profits of the Corporations, exclusive of and after elimination of all inter-company transactions, as determined in accordance with generally accepted accounting principles (“GAAP”), applied on a consistent basis and consistent with the historical reporting practices of the Seller and DiscCo, and after deduction of all salaries and bonuses, but before deductions for (A) income taxes, (B) depreciation and amortization of intangible assets, (C) payments in respect of interest charges on any “Required Financing” (hereinafter defined) incurred by Buyer, and (D) payments of any performance bonus or profit participation payable in respect of the applicable Fiscal Measuring Year to the Stockholders pursuant to their respective Employment Agreements.
Pre-Tax Profits means the Company's net income determined under Generally Accepted Accounting Principles (or GAAP), for the given fiscal year, adjusted as follows: • The positive or negative effects of income taxes (in accordance with GAAP) shall be eliminated from net income in determining pre-tax profits. • Unless otherwise determined by the Committee, no other adjustment shall be made to pre-tax profits. Thus, for clarity, other extraordinary expenses and bonus compensation accruals shall remain included in net income and minority interests shall remain excluded from net income in determining pre-tax profits. However, in setting the target level and related terms of the Profits Goal, the Committee may specify other or different adjustment provisions. Pre-tax profits and adjustments to the Profits Goal and the Other Goals shall be determined by the Committee in good faith. Near or following the end of each fiscal year, the Committee shall determine the level of pre-tax profits achieved and all other matters relating to the Profits Goal and the Other Goals and the corresponding amount of Performance Bonus earned. A-Xxxx Precious Metals, Inc. 2014 Stock Award and Incentive Plan Restricted Stock Units Agreement This Restricted Stock Units Agreement (the "Agreement") confirms the grant on May 18, 2022 (the "Grant Date"), by A-Xxxx Precious Metals, Inc., a Delaware corporation (the "Company" or “A-Xxxx”), to Xxxx X. Xxxxxxxx ("Employee"), of Restricted Stock Units (the "RSUs") relating to A-Xxxx Xxxxxx Stock, par value $0.01 per share (the "Shares"), as set forth below. The RSUs are granted under Section 6(e) of the Company’s 2014 Stock Award and Incentive Plan, as amended (the “Plan”), and under Section 3(c) of the Employment Agreement between Employee and A-Xxxx, executed May 18, 2022 (the “Employment Agreement”), in consideration of Employee’s entry into such Employment Agreement and his continuing service to A-Xxxx in executive capacities. The principal terms of the RSUs granted hereby are as follows (subject to adjustment in accordance with the Plan and this Agreement): Number granted: 14,436 RSUs. Vesting and Forfeiture of RSUs:
Pre-Tax Profits as used herein shall mean the pre-tax income of Employer prior to deduction for income tax provision as determined by Employer's independent auditor. The pre-tax profit computation shall be made in accordance with generally accepted accounting practices applied on a consistent basis. The pre-tax