Short Year definition

Short Year means an incentive period of less than 12 months duration occurring immediately subsequent to the Company’s exit from the ▇▇▇▇ ▇▇▇ Corporation’s controlled group of corporations (within the meaning of Section 1563(a) of the Code)). “Annual Incentive Plan” means the Hanesbrands Inc. annual incentive plan in which Executive participates as of the Termination Date; and

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Short Year means (i) the remainder of the Plan Year following the Effective Date of this Plan and (ii) the remainder of the Plan Year following the date an

Short Year means (i) the remainder of the calendar year following the Effective Date of this Plan and (ii) the remainder of the calendar year following the date an employee first becomes a Participant in this Plan if other than the beginning of a calendar year.

Examples of Short Year in a sentence

• Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

• For federal income tax purposes, the Company will be treated as an S corporation during its S Short Year.

• All Tax returns of the Company, which are required and/or permitted by the authorized taxing authorities (herein collectively referred to as the "S Short Year Returns"), shall be filed accordingly.

• Pursuant to Section 1361(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an “S Short Year” and a “C Short Year.” As defined in Section 1362(e)(1)(A) of the Code, the S Short Year shall be that portion of the Company’s S Termination Year ending on the day immediately preceding the Termination Date.

• Pursuant to Section 1362(e)(1) of the Code, the S Termination Year of the Company shall be divided into two short taxable years: an S Short Year and a C Short Year.

More Definitions of Short Year

Short Year. Annual Incentive Compensation. Subject to the conditions set forth in Sections 3, 4, 8 and 10(c) hereof, the Company shall pay the Executive (subject to any applicable payroll or other taxes required to be withheld) the product of (i) the amount determined in accordance with Section 5(a)(ii)(x) above, multiplied by (ii) the amount determined in accordance with Section 5(a)(ii)(y) above, multiplied by (iii) the ratio of the number of days that elapsed in such year prior to such Termination Date divided by 365; provided, that such "short year" annual incentive compensation shall be paid in cash in a lump sum on the Date of Termination.

Short Year means a taxation year of a qualifying corporation where the year is less than 365 days and the corporation claimed a regional opportunities investment tax credit. (“exercice court”)

Short Year means the short taxable year beginning on the first day of the Company’s first taxable period in the year of the Distribution and ending on and including the Distribution Date.

Short Year has the meaning set forth in Section 5.11(b).

Short Year has the meaning given in Section 3.5.2(a) of the Stock Subscription and Purchase Agreement.

Short Year means the period beginning on the First Rent Commencement Date and ending immediately prior to the Second Rent Commencement Date. Rent and/or other matters that are computed with reference to a Lease Year or a Short Year shall be ratably adjusted, on a per diem basis, for any period prior to the Second Rent Commencement Date and within the Term or in the event this Lease terminates on a date other than the last day of the month.

Short Year means the period between the Closing Date and December 31, 1994.