Net Sales Target definition

Net Sales Target means the target dollar amount for annual Net Sales determined by the Committee, which shall be determined for Plan Years by the Committee.
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Net Sales Target means [*]; provided, however, if the Closing Date occurs prior to the Target Closing Date, such number shall be adjusted downward by [*] for each day between the Target Closing Date and such earlier Closing Date.
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Net Sales Target has the meaning ascribed to such term in Section 4.1.
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Examples of Net Sales Target in a sentence

  • The Threshold is 97% of the Net Sales Target and the Maximum is 103% of the Net Sales Target, with 0% performance achieved at Threshold, 100% performance achieved at Target and 150% performance achieved at Maximum, and with interpolation used to determine the performance achieved between the Threshold, Target and Maximum levels.

  • One-half of the Performance Award is based on the Company’s Net Sales in comparison to the Net Sales Target for a Plan Year.

  • The Net Sales Ratio shall have a “Threshold” which must be met in order to qualify for such Performance Award, a “Target” which shall be the Net Sales Target, and a “Maximum” Net Sales Ratio upon which a Performance Award may be made.

  • The calculated portion of the Performance Award based on the Company’s Net Sales shall be determined by multiplying (i) the performance level of actual Net Sales achieved in comparison to the Net Sales Target (referred to herein as the “Net Sales Ratio”) by (ii) Base Salary.

  • For the Net Sales Target, the Threshold is “Net Sales” (as defined in Section A.3(a)(3) below) must exceed $______________.

  • For achievement of the Net Sales Target above 100%, the payout is prorated such that 150% is paid for 105% achievement.

  • The Net Sales Ratio shall have a "Threshold" which must be met in order to qualify for such Performance Award, a "Target" which shall be the Net Sales Target, and a "Maximum" Net Sales Ratio upon which a Performance Award may be made.

  • One-half of the Performance Award is based on the Company's Net Sales in comparison to the Net Sales Target for a Plan Year.

  • Each Performance Share represents a contractual right to receive one (1) Share upon the Company’s achievement of the Net Sales Target and the ROIC Target and the satisfaction of the terms and conditions of this Agreement.

  • A portion of the actual number of Performance Shares subject to this Agreement shall be determined based upon the Company's achievement of the Net Sales Target as follows: If the Company's Net Sales for fiscal year 2019 are: Actual Number ofPerformance Shares: < $ Billion % of the Target Number $ Billion % of the Target Number $> Billion % of the Target Number For purposes of the foregoing, the level of achievement of the Net Sales Target shall be determined by the Committee in its sole discretion.


More Definitions of Net Sales Target

Net Sales Target means $9,113,493; provided, however, that such amount shall be reduced by $297,000 if the Distribution Agreement between the Digitran Business and XPS is terminated prior to the end of fiscal year 2009 for any reason other than (i) the termination of such relationship by Buyer due to breach by XPS of any of its obligations under the Distribution Agreement or (ii) the termination of such Distribution Agreement by XPS.
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Related to Net Sales Target

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Net Sales means [***].

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Net Sales Price means the gross billing price of any PRODUCT received by Licensee or its SUBLICENSEE for the sale or distribution of any PRODUCT, less the following amounts actually paid by Licensee or SUBLICENSEE:

  • Sales Milestone Payment has the meaning set forth in Section 8.3.1.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Combination Product means a product (a) containing a Licensed Product together with one or more other active ingredients, or (b) with one or more products, devices, pieces of equipment or components, but sold for an integrated price (e.g., with the purchase of one product the customer gets a coupon for the other) or for a single price.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Diagnostic Product means any test or assay for diagnosing or detecting a disease, disorder, medical condition, or symptom.

  • Sublicense Revenue means [***].

  • Combination Products means COBI Combination Products, EVG Combination Products, TDF Combination Products, TAF Combination Products and Quad Product.

  • Collaboration Product means any pharmaceutical product in finished form that contains a Collaboration Compound, either as the sole active ingredient or in combination with one or more other active ingredients, and all present and future formulations, dosages and dosage forms thereof.

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Royalty Rate means the percentage defined in Exhibit B.

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Sublicense Revenues means [***].

  • Collaboration Target means the Initial Collaboration Targets set forth on Exhibit F and any Additional Target or Substitute Target that is selected in accordance with Section 3.3 of this Agreement.

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments: