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Common use of EBIT Clause in Contracts

EBIT. EBIT shall mean OfficeMax’s earnings from continuing operations, excluding the impact of foreign currency exchange rate fluctuation, before interest and taxes adjusted for special items as disclosed and discussed in the earnings release for the Performance Period, as calculated by OfficeMax, consistent with Section 162(m) of the Code, in its sole and complete discretion.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement (Officemax Inc), Performance Based Rsu Award Agreement (Officemax Inc)

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EBIT. EBIT shall mean OfficeMax’s earnings from continuing operations, excluding the impact of foreign currency exchange rate fluctuation, before interest and taxes adjusted for special items as disclosed and discussed in the earnings release for the Performance Period, fiscal year as calculated by OfficeMax, consistent with Section 162(m) of the Code, in its sole and complete discretion.

Appears in 2 contracts

Samples: Performance Based Rsu Award Agreement (Officemax Inc), Performance Unit Award Agreement (Officemax Inc)

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