Operating Profit Goal definition

Operating Profit Goal means the goal related to Non-GAAP Operating Profit Before Taxes for each of the Performance Measurement Periods approved by the Compensation Committee of the Board in connection with the grant of the Award.
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Operating Profit Goal means Non-GAAP Operating Profit Before Taxes for the last four fiscal quarters completed as of the end of the Performance Period as a percentage of Revenue equal to or exceeding a percentage approved by the Compensation Committee of the Board in connection with the granting of the Award.
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Operating Profit Goal means the amount of Eight Million Seven --------------------- Hundred Eighty Thousand Dollars ($8,780,000) (such amount to be prorated for any partial Fiscal Year); provided, however, that Operating Profit Goal shall be adjusted as provided in Sections 18.02 C, 18.03 C, and 18.04 C.
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Examples of Operating Profit Goal in a sentence

  • The attainment level, ranging from 0% to 200%, of the Operating Profit Goal applicable to each Performance Measurement Period shall be measured separately on each corresponding Determination Date and weighted equally.

  • The fund will receive a maximum of $1,500,000 worth of shares after 3 years based on the percentage of the annual Net Operating Profit Goal met.

  • A number of Performance RSUs equal to 50% of the Performance RSUs that vest based on the attainment of the Operating Profit Goal may be reduced based on the attainment level of the Net Synergy Performance Goal (the “Synergy Goal-Related RSUs”).

  • A number of Performance RSUs equal to 50% of the Performance RSUs that vest based on the attainment of the Operating Profit Goal may be reduced based on the attainment level of the LTC Cumulative Revenue Performance Goal (the “LTC Revenue Goal-Related RSUs”).

  • If the Compensation Committee of the Board, on or before the Vesting Date, fails to certify whether the Operating Profit Goal was attained or determines that the Operating Profit Goal was not attained, the Award shall be forfeited in its entirety, and there will be no settlement of Shares related to such Award, without regard to whether the Net Synergy Performance Goal or LTC Cumulative Revenue Performance Goal (each, as defined below) may be considered to be attained.

  • The date the Compensation Committee of the Board certifies in writing, in accordance with the requirements of Section 162(m) of the Code, the level of attainment of the Operating Profit Goal (as defined below).

  • The Operating Profit Goal, the Synergy Performance Goal, and the Speed of Delivery Accelerator are referred to, collectively, as the “Performance Parameters.” The Operating Profit Goal is a threshold goal, such that 0% of the Initial Grant Number shall vest if the Operating Profit Goal has not been attained (regardless of the extent to which the Synergy Performance Goal and Speed of Delivery Accelerator have been attained).

  • Provided that the Operating Profit Goal has been attained for the Performance Period, a number of the Performance RSUs ranging from 0% to 150% of the Initial Grant Number shall vest based on the attainment of the Synergy Performance Goal.

  • Payments from prior quarters that were not achieved will be paid if YTD targets are achieved.Threshold for Operating Profit Goal – SoftBrands must achieve 90% of the targeted operating profit goal to be eligible for the bonus payments.

  • Payments from prior quarters that were not achieved will be paid if YTD targets are achieved.Threshold for Operating Profit Goal – Manufacturing must achieve 90% of the targeted revenue goal to be eligible for the bonus payments.

Related to Operating Profit Goal

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Non-Profit means a qualified non-profit entity as defined in Section 42(h)(5)(C), subsection 501(c)(3) or 501(c)(4) of the IRC and organized under Chapter 617, F.S., if a Florida Corporation, or organized under similar state law if organized in a jurisdiction other than Florida, to provide housing and other services on a not-for-profit basis, which owns at least 51 percent of the ownership interest in the Development held by the general partner or managing member entity, which shall receive at least 25 percent of the Developer fee, and which entity is acceptable to federal and state agencies and financial institutions as a Sponsor for affordable housing, as further described in Rule 67-48.0075, F.A.C.

  • 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.

  • 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.

  • 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.

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

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.