Examples of Pretax Net Income in a sentence
Performance incentive compensation will be paid on or about 90 days after year-end, or sooner, based on final Form 10-K financial statement.In no event will Performance Incentive Compensation paid to all Executive Officers as a group exceed 50% of Pretax Net Income computed prior to the calculation of bonus expense.
Performance incentive compensation will be paid on or about 90 days after year-end, or sooner, based on final Form 10-K financial statement.In no event will Performance Incentive Compensation paid to all Executive Officers as a group exceed 50% of Pretax Net Income exclusive of PF Medical computed prior to the calculation of bonus expense.
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Performance incentive compensation will be paid on or about 90 days after year-end, or sooner, based on finalization of the Company’s audited financial statements for 2024.In no event will Performance Incentive Compensation paid to all Executive Officers as a group exceed 50% of Pretax Net Income computed prior to the calculation of bonus expense.
EXHIBIT A Bonus Calculations GOALS for 2002 Bonus Level % of Plan UPFC Pretax Net Income 50% of base salary $ 15.6 MM Pretax NI 100 % 37.5% of base salary $ 14.0 MM Pretax NI 90 % 25% of base salary $ 12.7 MM Pretax NI 81 % UACC Pretax Net Income 50% of base salary $ 13.0 MM Pretax NI 100 % 37.5% of base salary $ 12.0 MM Pretax NI 95.5 % 25% of base salary $ 11.0 MM Pretax NI 85 % UACC Volume Minimum $22MM Avg/mo for one (1) quarter UACC Delinquency Max 2% Average 30+ (incl.