Profitability means the Corporation’s adjusted EBITDA for the Corporation’s fiscal year ending December 31, 2016, determined as follows: • Income from Operations, plus • Merger, Restructuring & other charges • Amortization of Acquisition Related Intangibles • Depreciation • Amortization, and • Stock Based Compensation Expense To receive a payment under the MIP, you must continue to be employed by the Company in your current position at the time payment is determined and authorized by the Compensation Committee. In addition, your participation in the MIP is conditioned on your acknowledgement that: (a) your participation in the MIP is voluntary; (b) participation in the MIP and any award thereunder is not part of normal or expected compensation for any purpose, including without limitation for calculating any benefits, severance, resignation, termination, redundancy, end of service payments, bonuses, or similar payments; (c) neither the MIP, nor the issuance or potential issuance of award under the MIP confers upon you any right to continue in the service of (or any other relationship with) the Company and (d) you reconfirm your contractual and legal obligations of confidentiality to the Company and your obligations not to compete with the Company, as such are described in your Non-Disclosure Agreement, Non-Competition Agreement and/or Business Protection Agreement with the Company. You agree and understand that your participation in the MIP is conditioned on your agreement and consent that the Board of Directors of the Company or its Nominating and Compensation Committee has the sole discretion to require you or your estate to repay to the Company, in cash and upon demand, any MIP award made to you (a) in the event of a restatement (other than a restatement due to a change in accounting policies) of the Company’s financial results where the restatement results in a material impact on the financial statements for the period affecting the achievement of the performance conditions for the award of any portion or all of your MIP award or (b) if the Board or the Committee determines that you have engaged in fraud or misconduct (“Misconduct”) that resulted in or substantially resulted in the achievement of the performance conditions for the award of any portion or all of your MIP award. The amount to be repaid shall be determined by the Committee in its sole discretion. Any determination by the Committee with respect to the foregoing shall be final, conclusive and binding on ...
Profitability means net income after tax.
Profitability means net income after tax, calculated in accordance with GAAP, plus stock-based compensation expensed in accordance with GAAP.
Examples of Profitability in a sentence
The issuer selection for credit exposure would be based on financial parameters such as Turnover, Net Worth, Gearing, Interest Coverage Ratio and Profitability track record.
Self-attested copy of Documents (Audited Balance Sheets, Profit & Loss Statements and Auditor’s Reports) in support of meeting the Profitability criterion in accordance with Para 4 of Annexure I.
Eligibility of Sellers in terms of Turn Over / Past Performance / Profitability etc.
Liefert, Zvi Lerman, Bruce Gardner and Eugenia Serova - Agricultural Labor in Russia: Efficiency and Profitability.
For SAP Customer Profitability Analytics: Only the revenues analyzed within the Software need to be considered.
More Definitions of Profitability
Profitability means, with respect to any location, two (2) consecutive months of positive Consolidated EBITDA.
Profitability means the earnings before interest, taxes, depreciation and amortisation (EBITDA) calculated on a basis consistent with the Accounts Projections means the projections for the Business set out in document 3.8.8 in the Data Room Promissory Note Amount means the principal amount and all accrued interest owed by the Company to the Seller’s Guarantor as at the Completion Date pursuant to the promissory note set out in document 3.2.125 in the Data Room (Promissory Note)
Profitability shall include, but not be limited to net profit, the financial strength of Bancshares, implementing strategies to increase shareholder value or such other measures as determined by the Board.
Profitability. Maintain on a consolidated basis, profitable operations (meaning a net profit after taxes) of at least $1.00 on a quarterly basis beginning with the quarter ending 12/31/98." Default: Actual Profitability for the quarter ending 9/30/00 was a net loss of [$5,304,854].
Profitability means that the Company has aggregate positive net income for four consecutive financial quarters, as reported by the Company, applying generally accepted accounting principles, consistently applied, adjusted upwards or downwards to exclude:
Profitability. The Guarantor shall have a GAAP after tax net income of at least $1.00 for the fiscal quarter ended September 30, 2000;"