Fiscal 2000 definition
Examples of Fiscal 2000 in a sentence
If vesting of any options were accelerated to Fiscal 2000, then additional options will be granted subject to Compensation Committee guidelines with a minimum of 200,000 shares as well as any potential additional vesting earned through other incentive provisions.
The Company shall establish appropriate incentive ------- compensation plans ("Bonuses") for you for each fiscal year that you are employed hereunder, commencing with Fiscal 2000 which commences on June 27, 1999, under which you shall be entitled to a prorated bonus of up to 30% of your then current Base Salary based on the Company attaining certain financial and other results and also based upon individual goals to be established for you.
Fiscal 2000 and 1999 contract drilling revenues also include revenues of $4,109,000, and $40,790,000, respectively, from a rig construction contract for which revenues were recognized based on the percentage-of-completion method, measured by the percentage that incurred costs to date bear to total estimated costs.
Such payment shall be made upon the earlier to occur of (a) April 30, 2001 and (b) thirty (30) days after Buyer's independent public accountants have issued their report on Buyer's audited financial statements for Fiscal 2000.
The Noteholders agree that absent manifest error, they will not be entitled to challenge any item as being improperly accounted for under GAAP if such item is derived from the audited Fiscal 2002 Financial Statements and the accounting for such item is consistent with the Company's audited financial statements for Fiscal 2000.
We Have a Limited History of Profitability, We Are Not Currently Profitable and We Cannot Assure You That We Will Return to Profitability in the Future Fiscal 2000 was the first year in which Extreme achieved profitability in each of the four quarters.
Sellers will have fifteen (15) days from receipt of such report to contest in writing to Buyer (the "Objection Notice") a calculation of the Fiscal 1999 Earn-Out Payment or the Fiscal 2000 Earn-Out Payment which they believe in good faith to be inaccurate.
Each of such payments shall be made upon the earlier to occur of (a) April 30, 2000 (with respect to the ▇▇▇▇ ▇▇▇▇-▇▇▇ Payment) or April 30, 2001 (with respect to the 2000 Earn-Out Payment) and (b) thirty (30) days after Buyer's independent public accountants have issued their report on Buyer's audited financial statements for Fiscal 1999 (with respect to payment of the ▇▇▇▇ ▇▇▇▇-▇▇▇ Payment) or Fiscal 2000 (with respect to payment of the 2000 Earn-Out Payment), as the case may be.
STEP 1: divide (X) the difference between Revenue in Fiscal 2001 minus Revenue in Fiscal 2000 by (Y) Revenue in Fiscal 2000.
At the Borrower's option, for purposes of computing the Cash Flow Coverage Ratio for any of the first three quarters of Fiscal 2000, the Borrower shall be permitted to base such calculation either upon Consolidated Adjusted Net Income for the preceding twelve-month period or upon the Consolidated Adjusted Net Income for the preceding six-month period, multiplied by two.