net profits before taxes definition
net profits before taxes as used herein with respect to the Dress and Multiples Divisions shall mean all revenue from sales of garments derived from the Dress Division or the Multiples Division, as the case may be, minus expenses incurred by such Division, including (i) factoring fees and costs allocable to that Division as well as (ii) such Division's share of corporate data processing costs and expenses and corporate general and administrative expenses which corporate expenses in the aggregate shall not exceed 10% of such Division's revenue. Net profits before taxes for the Dress Division and Multiples Division, as the case may be, and the Employer's net profits before taxes shall be determined by the Employer in accordance with its historical internal accounting practices as consistently applied for prior periods.