Examples of Profit Participation in a sentence
Within the limitations set forth in Paragraph 2 above, Agency may increase or decrease the balance in Agency’s Flex- Plan Account at any time during each Profit Participation Month.
The Profit Participation will first be determined and paid for the 2013 fiscal year, and, therefore, will first be payable on May 15, 2014.
Defined contribution retirement plans will be provided, under the existing Magna Retirement Savings Program (including the Employee Equity and Profit Participation Program and the Group RRSP).
The Profit Participation will be determined annually after the Company’s financial results are audited and, when and if declared, will be announced on March 31 and paid on May 15.
In addition to the other Pass-Through Items specified in this Agreement, if and to the extent required to be paid by the Company under the Laws of Pakistan, the Company shall be entitled to recover as a Pass-Through Item payments by the Company into the Workers’ Welfare Fund and the Workers’ Profit Participation Fund for its employees paid in accordance with the Laws of Pakistan.