Material Adjustments definition

Material Adjustments mean adjustments that the Committee shall determine, in its sole discretion, to be appropriate in order to reflect the impact of (i) significant events that are unusual in nature or infrequently occurring or (ii) changes in applicable tax laws or accounting principles that occur during fiscal 20[ ]. If the Company’s fully diluted net income per share for fiscal 20[ ], as adjusted by the Committee for any Material Adjustments (“Actual EPS”), equals or exceeds the maximum net income per share set forth above, the maximum number of Units will be earned. If the Company’s Actual EPS is less than the threshold net income per share set forth above, all of the Units will be forfeited on the Determination Date. If the Company’s Actual EPS falls between the threshold, target and maximum levels specified in the table above, the number of Units that will be earned, and the number of Units that will be forfeited on the Determination Date, will be interpolated.
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Examples of Material Adjustments in a sentence

  • Other Material Adjustments No other adjustments to projected benefit cost trends were made during rate development.

  • Adjustment Calculations on Select Material: Adjustments are computed as follows:2 in.

  • DH/aa www.fdot.govMEASUREMENT AND PAYMENTARTICLE 9-2 is expanded by the following: 9-2.1.3 Material Adjustments for Steel Guardrail: The Department will make price adjustments for steel guardrail materials included in the list of Pay Items attached to DCE Memo 22-03 in accordance with the following procedures.Prepare separate Contractor’s Certification of Quantities for each material invoice month using the Department form for Material Price Adjustment attached to DCE Memo 21-XX.

  • For the removal and replacement asphalt adjustment process, see Example 2 above and CPAM 11.4.4.3. NOTE 2: For Fuel and Bituminous Material Adjustments on Lump Sum, Design-Build, and other Alternative Contracts, refer to CPAM Section 6.2.

  • Material Adjustments There were no material, non-recurring adjustments made during period that would require appropriate disclosures.

  • MacKellar asserts that Serigraph (1) arbitrarily adjusted commission rates without any explanation, (2) arbitrarily subtracted "Material Adjustments" without explanation or supporting documentation, and (3) failed to report any sales at all on certain programs sold to accounts in MacKellar's territory when it felt commissions were not owed.

  • We consider Comments Number 1 (Material Adjustments) and Number 2 (Overpayment Mailbox) to be significant deficiencies.

  • Tokenomics: Cryptocurrency Valuation and the Roles of Tokens” (with Ye Li & Neng Wang) VoxEU.org, (2018), Oct 5.

  • Finding 4: Excessive Material Adjustments to Tenant Account Risk Level: HighThe OIG noticed that in 2018, adjustment to tenant account increased to 43% of the total rent charged for the year in some Mixed-finance developments.

  • Table 2: Audit adjustments – impact on the financial statementsRef CIES/ MIRSBalance Sheet Journal EntryDRCRDRCR ££££ Material Adjustments 12009/10 Third Party Payments837 2009/10 Short Term Creditors 837 2010/11 Short Term Creditors 837 2010/11 Third Party Payments 837 Being material accrual for Accounts Advert not included in prior year accounts(reversed in current year).

Related to Material Adjustments

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Potential Adjustment Event means any of the following:

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • SOFR Adjustment means 0.10% (10 basis points).