Adjusted Net Profit definition
Examples of Adjusted Net Profit in a sentence
Exhibit III of this Agreement shows the respective Adjusted Net Profit targets for the year 2011 and 2012, the amount of corresponding Overseas Consideration due and payable, and the specific payment requirements.
Borrower shall maintain a ratio of Adjusted Net Profit to Fixed Charges of not less than 1.50 to 1.00 determined on a rolling 4-quarter basis at the end of each fiscal quarter.
Transfer price shall mean the average value of the Adjusted Net Profit for the year 2011, 2012 and 2013, multiplied by *, multiplied by the proportion of Transferred Equity.
The Company proposes to condition the payment of Participation in Profits or Results for 2021, only if at least 70% (seventy integer percent) of the targets are achieved as a whole, observing the relative weight of each of the indicators and also considering the individual achievement of 70% (seventy integer percent) of the Adjusted Net Profit.
The Executive shall receive each year during the term of this Agreement an annual performance bonus (“Annual Performance Bonus”) (a) equal to five (5%) percent of the Company’s Adjusted Net Profit (as such term is defined in Exhibit A to this Agreement), or (b) in such other amount as may determined in the discretion of the Compensation Committee with the consent of the Executive.