Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.
Pre-Tax Income means income before income taxes, as publicly reported by the Company in its quarterly or annual financial statements, as applicable, prepared in accordance with generally accepted accounting principles. The financial statements shall mean the consolidated financial statements of the Company.
Pre-Tax Income means, with respect to each fiscal year, the Company’s aggregate consolidated net income adjusted to exclude debt redemption charges and deferred original issue discount deductions, as shown on the Company’s consolidated financial statements for such fiscal year, but calculated excluding any special, unusual or non-recurring items as determined by the Committee in its sole discretion in accordance with applicable accounting rules.
Examples of Pre-Tax Income in a sentence
As promptly as practicable, but no later than sixty (60) days after the end of such Earnout Period, the Sellers’ Committee will cause the Preliminary Earnout Statement together with the report of Stealth’s accountants as to the Actual Pre-Tax Income for such Earnout Period to be delivered to the Buyer.
More Definitions of Pre-Tax Income
Pre-Tax Income or “PTI” means consolidated income before income taxes, as publicly reported by the Company in its consolidated financial statements prepared in accordance with generally accepted accounting principles.
Pre-Tax Income means the sum of the Adjusted Pre-Tax Income over the Performance Period for each period in which Adjusted Pre-Tax Income is measured pursuant to the above definition of Adjusted Pre-Tax Income.
Pre-Tax Income as a Percent of Sales" shall mean for Xcelecom, Inc., with respect to each fiscal year in the Performance Period, gross sales reduced by operating costs (plus extraordinary income or minority income less extraordinary costs) divided by total sales.
Pre-Tax Income means income before income taxes determined in accordance with GAAP plus (a) any charges relating to the transaction contemplated by this Agreement and the Registration Rights Agreement, and (b) any other non-recurring items, including the issuance of warrants which are not issued under a stock option or other equity-based incentive plan.
Pre-Tax Income means, for any Person for any period, Consolidated Net Income for such Person, without regard to income tax expense for such period.
Pre-Tax Income means an amount equal to the net income of the Company before taxes, depreciation, amortization, and extraordinary items, in each case computed in accordance with United States generally accepted accounting principles, consistently applied. The Company agrees to furnish to Employee a copy of the Company's financial statements not later than one hundred and five (105) days after the end of each fiscal year of the Company during the term of this Agreement. In the event that this Agreement is terminated other than pursuant to Section 9(a), the Employee shall be entitled to receive the amount which would be payable under this clause (b) for each fiscal quarter of any fiscal year in which Employee was employed by the Company at the date of such termination.
Pre-Tax Income means earnings (loss) from continuing operations before income taxes, as reported in Employer’s audited financial statements prepared in accordance with generally accepted accounting principles.