Sales Component definition

Sales Component means an amount equal to (a) the Sales Ratio multiplied by (b) KTM Sales and divided by (c) three.
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Examples of Sales Component in a sentence

  • Notwithstanding the foregoing, no Net Sales Component of the Non-Discretionary Bonus shall be paid or earned for a given fiscal year to the extent that Actual Net Sales is less than 80% of Budgeted Net Sales for a given fiscal year.

  • NET SALES COMPONENT 20% Actual net sales for fiscal year Actual Net Sales must ("Actual Net Sales") as a be at least 70% of percentage (not to exceed 100%) Target Net Sales before of target net sales of the a portion of the Bonus Company for the applicable fiscal is awarded under the year ("Target Net Sales") Net Sales Component of multiplied by 20% of Base Pay for the Bonus Formula.

  • The Non-Discretionary Bonus shall consist of two components: (a) Net Sales Component and (b) Net Income Component.

  • Under the Bonus Formula, during any fiscal year Executive is eligible to earn an aggregate Bonus equal to (i) up to 60% of his Base Salary under the Net Profits Component; plus (ii) up to 20% of his Base Salary under the Net Sales Component; plus (iii) up to 20% of his Base Salary under the Specific Goals Component.

  • At the end of such fiscal year, the Board of Directors or a committee thereof will determine the Bonus payable to Executive under the Bonus Formula with respect to such fiscal year based upon the actual financial performance of the Company compared to the Net Profit Component and the Net Sales Component and the achievement by Executive of the goals specified for such fiscal year as part of the Specified Goals Component.

  • To the extent that Budgeted Net Sales exceeds Actual Net Sales for a fiscal year, the Net Sales Component of the Non-Discretionary Bonus for such period shall be adjusted by reducing the Net Sales Component that would have been earned for such fiscal year had the Company’s Actual Net Sales equaled the Company’s Budgeted Net Sales for such fiscal year, proportionately by the percentage that Budgeted Net Sales exceeds Actual Net Sales for such fiscal year.

Related to Sales Component

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Loop Concentrator/Multiplexer or "LCM" is the Network Element that does one or more of the following: aggregates lower bit rate or bandwidth signals to higher bit rate or bandwidth signals (multiplexing); disaggregates higher bit rate or bandwidth signals to lower bit rate or bandwidth signals (demultiplexing); aggregates a specified number of signals or channels to fewer channels (concentrating); performs signal conversion, including encoding of signals (e.g., analog to digital and digital to analog signal conversion); or in some instances performs electrical to optical (E/O) conversion. LCM includes DLC, and D4 channel banks and may be located in Remote Terminals or Central Offices.

  • Basket Componenti means the respective share as specified in § 1 of the Product and Underlying Data. "Calculation Agent" means the Calculation Agent as specified in § 2 (2) of the General Conditions.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund, and iShares MSCI Emerging Markets Index Fund.