Profit Incentive definition
Profit Incentive. If AMERX profit is less than $750,000, the Executive will receive a cash payment equal to 3.25% of the total profit.
Profit Incentive. The profit incentive, which includes profit from product sales, as well as profit from other activities which may be designated from time to time by the Board of Directors, will be based on audited fiscal year 2017.
Profit Incentive. The profit incentive, which includes profit from product sales, as well as profit from other activities which may designated from time to time by the Board of Directors, will be based on audited fiscal year 2020. AMERX Profit Bonus:
More Definitions of Profit Incentive
Profit Incentive. If AMERX profit is $1,000,000 or more, the Executive will receive a cash payment equal to 4.25% of the total profit and 50,000 non-qualified options to purchase Procyon common stock, pursuant to the 2020 Stock Option Plan.
Profit Incentive. The profit incentive, which includes profit from product sales, as well as profit from other activities which may designated from time to time by the Board of Directors, will be based on audited fiscal year 2022. AMERX Profit Bonus: 3.25% Profit Incentive: If AMERX profit is less than $750,000, the Executive will receive a cash payment equal to 3.25% of the total profit.