Profit Center definition

Profit Center means a division or Subsidiary of the Company which is responsible for preparing and submitting annual sales and pre-tax profit (loss) objectives.

Profit Center means (except for Subparts 31.3 and 31.6) the smallest organizationally independent segment of a company charged by management with profit and loss responsibilities.

Profit Center means a separate operating unit or branch of Leggett for which Leggett budgets an operating income for a Year.

Examples of Profit Center in a sentence

• The MIP is intended to provide incentives to such persons to exert their maximum efforts on behalf of the Company by rewarding them with additional compensation when the Company or Profit Center and/or the Participant have achieved the financial performance and Individual Business Objectives, respectively, provided for in the MIP.

• Each Participant will be notified in writing (“Participant Letter”) of his or her Bonus Award Opportunity, the Participant’s financial performance opportunities set for the Company and/or his or her Profit Center, if applicable, and the portion of his or her Bonus Award Opportunity allocated to the Participant’s Individual Business Objectives, if any.

• Purpose of (3) above is to generate Revenue , Costs & Profitability- Profit Center wise( i.e Regional Office, Warehouse, CFS, ICD, ICP) ,Cost center wise (Divisions) , Employee-wise & Supplier –wise & so on.

• In addition, agencies needing additional technical assistance were referred to the CDBG-funded Non Profit Center for additional and ongoing assistance which helped to improve agency efficiency and accountability.

• These spaces, sometimes referred to as Fab (Fabrication) Labs, Makerspaces, or Techshops, are an excellent investment that will prepare students for future STEM careers while becoming a source of revenue for schools.PROFIT OPPORTUNITY!Look for George and our new Profit Opportunity items throughout the following pages, then find out more information and gain inspiration for fundraising projects in our new Profit Center section on Pages 28-31.

• Each Participant will be assigned financial performance award opportunities for the Company and/or the Profit Center for the Plan Year.

• He held various positions within the channel such as Profit Center Head of Accident & Health Products, Director of Manila Agencies, and Director of Provincial Agencies.

• The percentages established annually by the Committee to be used, as provided in Section 6.3, in computing a part of an Annual Incentive Compensation Award, based upon achievement of a Profit Center Performance Goal.

• Each Participant who is hired after December 1st of a Plan Year will be assigned financial performance award opportunities for the Company and/or the Profit Center for that Plan Year no later than the 30th day following his first day of employment.

• Each Participant will be assigned financial performance award opportunities for the Company and/or the Profit Center for the Plan Year no later than the 90th day of the applicable Plan Year.

More Definitions of Profit Center

Profit Center means a separate operating unit or branch for which the Company budgets an operating income for a Performance Period.

Profit Center. ’ as used in this part means the smallest organizationally independent segment of a company charged by management with profit and loss responsibilities.

Profit Center means any applicable operating unit of CH2M HILL, including but not limited to the holding company of CH2M HILL family of companies, LTD, and its subsidiary business units as designated from time to time by the Committee.

Profit Center means one of the operating units of CH2M HILL, including as of the Effective Date, Industrial Business Group (IBG), Operations and Maintenance Business Group (OMBG), Infrastructure and Environment (I&E) and the holding company of CH2M HILL family of companies, LTD.

Profit Center means a separate operating unit or branch for which the Company budgets an operating income for a Year.

Profit Center means an operating unit of CH2M HILL designated by the Board as a Profit Center for purposes of applying the Plan, including as of the Effective Date, Industrial Business Group (IBG), Operations and Maintenance Business Group (OMBG), Infrastructure and Environment (I&E) and the holding company of CH2M HILL family of companies, LTD.