Company Gross definition
Examples of Company Gross in a sentence
Annual Company Gross Revenue $2,000,000 - $4,999,999 $5,000,000 -$7,999,999 $8,000,000 - $10,999,999 $11,000,000 - $14,999,999 greater than $15,000,000 Cash Bonus* (% of Annual Salary in effect during the subject fiscal year) 10% 12% 15% 20% 25% * The annual bonuses are not cumulative for a given fiscal year.
The quarterly gross profit bonus (“Quarterly Gross Profit Bonus”) will be determined by the following formula: For calendar year 2007, the Annual Company Gross Profit Goal equals $92,994,741.
Annual Company Gross Revenue $2,000,000 - $4,999,999 $5,000,000 -$7,999,999 $8,000,000 - $10,999,999 $11,000,000 - $14,999,999 greater than $15,000,000 Cash Bonus* (% of Annual Salary in effect during the subject fiscal year) 6% 9% 11% 15% 20% * The annual bonuses are not cumulative for a given fiscal year.
If the Company Gross Profit for a particular Calculation Period does not exceed $1,964,678, no Earnout Payment shall be due for such Calculation Period.
Annual Company Gross Revenue $1,000,000 - $1,999,999 $2,000,000 - $4,999,999 $5,000,000 - $7,999,999 $8,000,000 - $10,999,999 $11,000,000 - $14,999,999 greater than $15,000,000 Permanent Increase to Base Salary* $24,000 $36,000 $48,000 $54,000 $60,000 $66,000 * The annual Base Salary increases are not cumulative for a given fiscal year.
Executive shall also be entitled to a payment under Section 5 of Executive's Employment Agreement with the Company ("Gross Up Payment").
The resolution of the dispute and the calculation of Company Gross Profit that is the subject of the applicable Deferred Payment Calculation Objection Notice by the Independent Accountant shall be final and binding on the parties hereto.
The resolution of the dispute and the calculation of Company Gross Profit that is the subject of the applicable Earn-Out Calculation Objection Notice by the Accounting Referee shall be final and binding on the parties hereto.
For purposes of determining Company Gross Revenue for the Earnout Period, Parent shall not impose on the Company any adjustment or charge in the nature of a general and administrative, management or similar adjustment or charge.
The resolution of the dispute and the calculation of Company Gross Profit that is the subject of the applicable Earnout Calculation Objection Notice by the Independent Accountant shall be final and binding on the parties hereto.