Company EBT definition

Company EBT is defined in Section 2.5(b).
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Company EBT means the employee benefit trust of the Company
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Examples of Company EBT in a sentence

  • The costs of the Independent Accounting Firm shall be borne by the party (either UniCapital or the Stockholders as a group) whose determination of Company EBT was further from the determination of the Independent Accounting Firm.

  • The Independent Accounting Firm shall be directed to consider only those agreements, contracts, commitments or other documents (or summaries thereof) that were either (i) delivered or made available to Price Waterhouse LLP in connection with the transactions contemplated hereby, or (ii) reviewed by Price Waterhouse LLP during the course of determining Company EBT.

  • As a result of the foregoing contractual arrangements between Mr. Xia Shaofei and Broad Gongga, the Company EBT was treated as a concert party of Broad Gongga, and therefore as a Concert Party, under Note 8 to Rule 22 of the Takeovers Code until 16 June 2022 when the contractual arrangements were terminated.

  • The Board has also authorised Mr. Xia Shaofei to manage the Company EBT.

  • Total Company performance shall be measured based on the actual consolidated Company EBT (as defined below) achieved (“Actual EBT”) as compared against the targeted consolidated Company EBT (“EBT Target”) for the Plan Year, or portion of Plan Year, as applicable for the Biannual Awards (“Biannual EBT Targets”), each as approved by the Compensation Committee.

  • The Board of Directors will fix the bonus payable to the Executive at the end of each year; provided such bonuses, plus all other bonuses payable to the executive management shall not exceed, in the aggregate the "Bonus Pool." The Bonus Pool shall equal up to 20% of the earnings before taxes of the Company ("EBT") for the fiscal years ending 2005, 2006 and 2007, provided the Company achieves at least $1,000,000 of EBT in each of such years.

  • In connection with the sale of the Company ------------------ Shares by Preferred Shareholders to Buyer, Buyer shall deliver to the Preferred Shareholders additional Warrants with a Value equal in amount to the percentages of earnings before taxes for the Company ("EBT"), in accordance with EXHIBIT C (the "Contingent Payment").

  • The Independent Accounting Firm shall be directed to consider only those agreements, contracts, commitments or other documents (or summaries thereof) of the Company that were either (i) delivered or made available to Price Waterhouse LLP in connection with the transactions contemplated hereby, or (ii) reviewed by Price Waterhouse LLP during the course of determining Company EBT.

  • The costs of the Independent Accounting Firm shall be borne by the party (either UniCapital or the Stockholder) whose determination of Company EBT was further from the determination of the Independent Accounting Firm.

  • Our Gover nance On 13 November 2017, 9,136,772 ordinary shares of 2.0 pence per share were issued to employees to be held jointly in a trust as part of the Company EBT Share Scheme.

Related to Company EBT

  • Company Equity Plan means any management equity or stock option or ownership plan or any other management or employee benefit plan of the Company or any Subsidiary of the Company.

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Company Equity Award means a Company Stock Option or a Company Restricted Share granted under one of the Company Stock Plans, as the case may be.

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(e).

  • Company Equity Plans means (i) the Company’s 2014 Equity Incentive Plan as amended and restated from time to time, (ii) the Company’s 2004 Equity Incentive Plan, as amended and restated from time to time and (iii) the Inference Technologies Group Inc. 2018 Equity Incentive Plan, as amended and restated from time to time.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Defined Contribution Plan Fraction means a fraction, the numerator of which is the sum of the annual additions to a Participant’s accounts under all Defined Contribution Plans maintained by one or more Affiliated Companies, and the denominator of which is the sum of the lesser of (i) or (ii) for such Plan Year and for each prior Plan Year of Service with one or more Related Companies, where (i) is the product of 1.25 multiplied by the dollar limitation in effect under Section 415(c)(1)(A) of the Code for the Plan Year (determined without regard to Section 415(c)(6) of the Code), and (ii) is the product of 1.4 multiplied by the amount which may be taken into account under Section 415(c)(1)(B) of the Code (or Section 415(c)(7) of the Code, if applicable) with respect to the Participant for the Plan Year. Solely for purposes of this definition, contributions made directly by an Employee to a Defined Benefit Plan which maintains a qualified cost-of-living arrangement as such term is defined in Section 415(k)(2) shall be treated as Annual Additions. Notwithstanding the foregoing, the numerator of the Defined Contribution Plan Fraction shall be adjusted pursuant to Treasury Regulations 1.415-7(d)(1) and Questions T-6 and T-7 of Internal Revenue Service Notice 83-10.

  • Company Equity Awards means the Company RSU Awards and the Company PSU Awards.

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Company PSU means a restricted stock unit with respect to Common Stock that was granted subject to performance-based vesting conditions.

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Company Equity Incentive Plan means the Company’s omnibus equity plan, last approved by Company Shareholders on November 6, 2018 and as proposed to be amended at the Company’s May 7, 2019 shareholders’ meeting.

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • Defined Contribution Fraction means a fraction, the numerator of which is the sum of the Annual Additions to the Participant's Account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation Years (including the Annual Additions attributable to the Participant's nondeductible Voluntary Contributions to all defined benefit plans, whether or not terminated, maintained by the Employer and the Annual Additions attributable to all welfare benefit funds, as defined in section 419(e) of the Code, and individual medical benefit accounts as defined in section 415(l)(2) of the Code, and simplified employee pensions, maintained by the Employer) and the denominator of which is the sum of the Maximum Aggregate Amounts for the current and all prior Limitation Years of Service with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). The Maximum Aggregate Amount in any Limitation Year is the lesser of one hundred twenty-five percent (125%) of the dollar limitation in effect under section 415(c)(1)(A) of the Code or thirty-five percent (35%) of the Participant's Compensation for such year. If the Employee was a Participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed one (1.0) under the terms of this Plan. Under the adjustment, an amount equal to the product of (A) the excess of the sum of the fractions over one (1.0) times (B) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the section 415 limitation applicable to the first Limitation Year beginning on or after January 1, 1987. The Annual Additions for any Limitation Year beginning before January 1, 1987 shall not be recomputed to treat all Employee contributions as Annual Additions.

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Company Debt means (a) all indebtedness for borrowed money, and (b) all obligations evidenced by notes, bonds, debentures or other similar instruments of the Company and its Subsidiaries.