Net Income Goal definition

Net Income Goal means the Net Income target set by the Committee for the relevant three-year Performance Cycle.
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Net Income Goal means each Net Income target set by the Committee for one or more periods included in the relevant three-year Performance Cycle, with the total number of target Net Income Performance Shares allocated among the Net Income Goals if more than one such goal is established for a Performance Cycle.
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Net Income Goal means the net income approved as a goal by the Board.
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Examples of Net Income Goal in a sentence

  • Nothing herein shall prevent the Board of Directors from electing, in its discretion, to grant a discretionary bonus to the Employee, in such amount as may be determined by the Board of Directors in the event the Net Income Goal is not met.

  • Notwithstanding the foregoing, if the Employee's Agreement is terminated by the Company other than for Cause or by Employee on account of a breach of this Agreement by the Company, the Employee will be entitled for the remainder of the term of this Agreement (without giving effect to the termination) to the minimum Mandatory Bonus amount calculated in accordance with the foregoing, regardless of whether the Net Income Goal is attained.

  • The Net Income Goal has a weight of seventy percent (70%) and the Operating Income Goal has a weight of thirty percent (30%) in the determination of the Performance Share-Based Award pursuant to Section 4 of this Part I.

  • Nothing herein shall prevent the Board of Directors from electing, in its discretion, to grant a bonus to the Executive, in such amount as may be determined by the Board of Directors in the event the Net Income Goal is not met.

  • The Company shall pay to the Executive a bonus (the "Mandatory Bonus") on or before December 31 of each year, provided that the net income of the Company for the most recent four (4) quarters (prior to deductions for income taxes and current Mandatory Bonuses but including discretionary bonuses paid to all employees) is equal to or greater than $4,000,000 (the "Net Income Goal").

  • Notwithstanding the foregoing, if the Employee’s Agreement is terminated by the Company other than for Cause or by Employee on account of a breach of this Agreement by the Company, the Employee will be entitled for the remainder of the term of this Agreement (without giving effect to the termination) to the minimum Mandatory Bonus amount of $49,500 regardless of whether the Net Income Goal is attained.

  • Notwithstanding the foregoing, if the Executive is terminated other than for Cause, the Executive will be entitled to the minimum Mandatory Bonus amount calculated in accordance with the foregoing, regardless of whether the Net Income Goal is attained.

  • Notwithstanding the foregoing, if the Employee’s Agreement is terminated by the Company other than for Cause or by Employee on account of a breach of this Agreement by the Company, the Employee will be entitled for the remainder of the term of this Agreement (without giving effect to the termination) to the minimum Mandatory Bonus amount of $54,000 regardless of whether the Net Income Goal is attained.

  • For each of fiscal years 2012 and 2013, a Participant’s “Aggregate Performance Attainment Percentage” shall equal the weighted average (determined using the weighting scheme set forth in the Participant’s Award Agreement) of the Net Income Goal Attainment Percentage, the Sales Goal Attainment Percentage, and the Personal Goal Attainment Percentage for such fiscal year.

  • By means of one or more formulae, the relative percentage of each Participant''s Target Bonus which will be based upon achievement of one or more of Company Net Income Goal, SBU Goals and Individual Goals and, to the extent utilized in the computation of Target Bonuses, the percentage by which a Participant''s Target Bonus will be adjusted, upward or downward based upon actual performance being less or more than the Company Net Income Goal and the SBU Goals.


More Definitions of Net Income Goal

Net Income Goal. The Net Income Goal is attained if, with respect fiscal year 2004, 2005 or 2006 of the Company, the net income of the Company, as publicly reported on a non-GAAP basis (or, if not publicly reported, on a non-GAAP basis determined by the Committee), equals or exceeds 10% of publicly reported revenue of the Company.
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Related to Net Income Goal

  • Net Income or Net Loss means, for each Fiscal Year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period, as determined for federal income tax purposes, determined by the Accountants in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), with the following adjustments:

  • EBITDA means, with respect to any Person for any period, the net income for such Person for such period plus the sum of the amounts for such period included in determining such net income in respect of (i) interest expense, (ii) income tax expense, and (iii) depreciation and amortization expense, in each case as determined in accordance with GAAP.

  • Net Income means, with respect to any Person, the net income (loss) of such Person, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends.

  • EBIT means, for any period, the net income of the Company and its Subsidiaries on a Consolidated basis for such period plus each of the following with respect to the Company and its Subsidiaries on a Consolidated basis to the extent utilized in determining such net income: (a) Interest Expense and (b) provision for taxes.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Adjusted Net Income ’ means net income adjusted for non-cash expenses (income) such as amortization of intangible assets, deferred income taxes, and certain other expenses (income). The Company believes that Adjusted net income is useful supplemental information as it provides an indication of the results generated by the Company’s main business activities prior to taking into consideration amortization of intangible assets, deferred income taxes, and certain other non-cash expenses (income) incurred or recognized by the Company from time to time. ‘‘Adjusted net income margin’’ refers to the percentage that Adjusted net income for any period represents as a portion of total revenue for that period.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.

  • Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.

  • Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

  • Cumulative Net Income means, in respect of any Performance Period, the aggregate cumulative amount of the Adjusted Net Income for the calendar or other fiscal years of the Company during such Performance Period.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Adjusted Consolidated Net Income means, for any period, Consolidated Net Income for such period plus the sum of the amount of all net non-cash charges (including, without limitation, depreciation, amortization, deferred tax expense and non-cash interest expense) and net non-cash losses which were included in arriving at Consolidated Net Income for such period, less the amount of all net non-cash gains and non-cash credits which were included in arriving at Consolidated Net Income for such period.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • net non-operating income means the difference between: (A) revenues from all sources other than those related to operations; and (B) expenses, including taxes and payments in lieu of taxes, incurred in the generation of revenues in (A) above.

  • Consolidated Adjusted Net Income means, for any period, the net income (or net loss) of the Company and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP, adjusted to the extent included in calculating such net income or loss by excluding:

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.