Examples of Targeted EBITDA in a sentence
Targeted EBITDA shall be equal to EBITDA adjusted by adding back advanced and deferred rent, amortization of stock options and other noncash items and all costs related to the acquisition and refinancing of the Company in 2004.
Employer and Executive wish to amend Exhibit A of the Agreement with respect to Targeted EBITDA and Targeted Cap-Ex for the Fiscal Years Ended July 2, 1999, and June 30, 2000, only.
The original documents shall be promptly 32 delivered, if requested.
If EBITDA for such year exceeds 100% of Targeted EBITDA, then for purposes of clause (i) it shall be deemed to be 100%.
In addition, the Executive will earn a bonus in excess of his Target Bonus in an amount between $0 and $120,000 if the Company’s actual EBITDA for 2008 is greater than 100% of the Targeted EBITDA, based on the amount that the Company’s actual EBITDA for 2008 is greater than 100% of the Targeted EBITDA but less than 125% of Targeted EBITDA.