Profitability definition

Profitability means the Corporation’s adjusted EBITDA for the Corporation’s fiscal year ending December 31, 2015, determined as follows: • Income from Operations, plus • Merger, Restructuring & other charges • Amortization of Acquisition Related Intangibles • Depreciation • Amortization, and • Stock Based Compensation Expense To receive a payment under the MIP, you must continue to be employed by the Company in your current position at the time payment is determined and authorized by the Compensation Committee. In addition, your participation in the MIP is conditioned on your acknowledgement that: (a) your participation in the MIP is voluntary; (b) participation in the MIP and any award thereunder is not part of normal or expected compensation for any purpose, including without limitation for calculating any benefits, severance, resignation, termination, redundancy, end of service payments, bonuses, or similar payments; (c) neither the MIP, nor the issuance or potential issuance of award under the MIP confers upon you any right to continue in the service of (or any other relationship with) the Company and (d) you reconfirm your contractual and legal obligations of confidentiality to the Company and your obligations not to compete with the Company, as such are described in your Non-Disclosure Agreement, Non-Competition Agreement and/or Business Protection Agreement with the Company. You agree and understand that your participation in the MIP is conditioned on your agreement and consent that the Board of Directors of the Company or its Nominating and Compensation Committee has the sole discretion to require you or your estate to repay to the Company, in cash and upon demand, any MIP award made to you (a) in the event of a restatement (other than a restatement due to a change in accounting policies) of the Company’s financial results where the restatement results in a material impact on the financial statements for the period affecting the achievement of the performance conditions for the award of any portion or all of your MIP award or (b) if the Board or the Committee determines that you have engaged in fraud or misconduct (“Misconduct”) that resulted in or substantially resulted in the achievement of the performance conditions for the award of any portion or all of your MIP award. The amount to be repaid shall be determined by the Committee in its sole discretion. Any determination by the Committee with respect to the foregoing shall be final, conclusive and binding on ...

Profitability means net income after tax.

Profitability means net income after tax, calculated in accordance with GAAP, plus stock-based compensation expensed in accordance with GAAP.

Examples of Profitability in a sentence

• Through its investments in the fund above, this Investment Portfolio is subject to the following investment risks (in alphabetical order): Derivatives Risk, Equity Market Risk, Operational Risk, Profitability Investment Risk, Securities Lending Risk, Small and Mid-Cap Company Risk and Value Investment Risk.

• Volvo Cars Procurement is responsible to lead the overall strategic work including CBP, Design to Profitability (“DtP”) and benchmarking and will align the strategy and the targets with Polestar.

• Through its investments in the fund above, this Investment Portfolio is subject to the following investment risks (in alphabetical order): Currencies Risk, Cyber Security Risk, Derivatives Risk, Equity Market Risk, Foreign Securities and Small Company Risk, Fund of Funds Risk, Operational Risk, Profitability Investment Risk, Securities Lending Risk and Value Investment Risk.

• The Business Coach agrees to provide business coaching services to the Client, which may include, but are not limited to, the following areas of focus: Cafe Startup!, Business Planning and Strategy, Pre-Opening Business Modelling, Leasing 101, Operations, Team, Leadership, Profitability, Creativity and Exit Strategy (Services).

• Through its investments in the fund above, this Investment Portfolio is subject to the following investment risks (in alphabetical order): Cyber Security Risk, Derivatives Risk, Operational Risk, Profitability Investment Risk, Securities Lending Risk and Value Investment Risk.

More Definitions of Profitability

Profitability means, with respect to any location, two (2) consecutive months of positive Consolidated EBITDA.

Profitability means the earnings before interest, taxes, depreciation and amortisation (EBITDA) calculated on a basis consistent with the Accounts Projections means the projections for the Business set out in document 3.8.8 in the Data Room Promissory Note Amount means the principal amount and all accrued interest owed by the Company to the Seller’s Guarantor as at the Completion Date pursuant to the promissory note set out in document 3.2.125 in the Data Room (Promissory Note)

Profitability shall include, but not be limited to net profit, the financial strength of Bancshares, implementing strategies to increase shareholder value or such other measures as determined by the Board.

Profitability means Borrower’s net income after tax, net of any stock-based compensation expense.

Profitability. Maintain on a consolidated basis, profitable operations (meaning a net profit after taxes) of at least $1.00 on a quarterly basis beginning with the quarter ending 12/31/98." Default: Actual Profitability for the quarter ending 12/31/00 was a net loss.

Profitability. The Guarantor shall have a GAAP after tax net income of at least $1.00 for the fiscal quarter ended September 30, 2000;"

Profitability is defined as pre-tax earnings.