Calculation of Profits. a. Profit shall be defined as Income from Operations of the Company, calculated on a consolidated basis in accordance with the United States Generally Accepted Accounting Principles (GAAP) or any successor reporting requirements such as International Financial Reporting Standards, with the following exclusions:
Appears in 5 contracts
Samples: Agreement (United States Steel Corp), Agreement, Agreement
Calculation of Profits. a. Profit shall be defined as Income from Operations of the Company, calculated on a consolidated basis in accordance with the United States Generally Accepted Accounting Principles (GAAP) or any successor reporting requirements such as International Financial Reporting Standards), with the following exclusions:
Appears in 1 contract
Samples: Agreement