Post-Tax Profits definition
Examples of Post-Tax Profits in a sentence
For purposes of this Agreement, the term "Post-Tax Profits" shall mean Company's Income after Income Taxes and Extraordinary Item(s) set forth in Company's Consolidated Statement of Operations included in Company's Annual Report on Form 1O-K.
If the Net, Post-Tax Profits (determined under the cash method of accounting in compliance with GAAP) are between 80% and 100% of the required threshold during the subject 12 month period, the Performance Shares for such period will be prorated.
Company shall pay employee a cash bonus (the Cash bonus) equal to 1.0 % of the amount, if any, by which Company's Post-Tax Profits exceed $1 million dollars (as hereinafter defined) for each fiscal year, commencing with the fiscal year ending with December 31, 2000 through and including the fiscal year ending December 31, 2005.
Company shall pay Employee an annual cash bonus (the “Cash Bonus”) equal to 1% of the amount, if any, by which the consolidated Post-Tax Profits (as hereinafter defined) of Total Identity Corp.
For the year ended December 31, 2023, an amount equal to one half of the Performance Shares if Glades together with its consolidated subsidiaries has earned, on an accrual basis in accordance with GAAP, Net, Post-Tax Profits of not less than $2,000,000.
For purposes of this Agreement, the term "Post-Tax Profits" shall mean Total Identity Corp.'s Income after Income Taxes and Extraordinary Item(s) set forth in its Consolidated Statement of Operations included in its Annual Report on Form 1O-KSB.
Company shall pay employee a cash bonus (the Cash bonus) equal to 1% of the amount, if any, by which Company's Post-Tax Profits exceed $1,000,000 dollars (as hereinafter defined) for each fiscal year, commencing with the fiscal year ending with December 31, 2004 through and including the fiscal year ending December 31, 2006 not to exceed 50% of the annual compensation referenced in 3.01.
For purposes of this Agreement, the term "Post-Tax Profits" shall mean Company's Income after Income Taxes and Extraordinary Item(s) set forth in Company's Consolidated Statement of Operations included in Company's Annual Report on Form 10-K.
Company shall pay employee a cash bonus (the Cash bonus) equal to 1.5% of the amount, if any, by which Company's Post-Tax Profits exceed $1 million dollars (as hereinafter defined) for each fiscal year, commencing with the fiscal year ending with December 31, 2000 through and including the fiscal year ending December 31, 2005.
Company shall pay employee a cash bonus the Cash bonus) equal to 1.5% of the amount, if any, by which the Company's Post-Tax Profits over $1 million dollars (as hereinafter defined) for each fiscal year (commencing with the fiscal year ending with December 31, 1998 through and including the fiscal year ending December 31, 2002) exceeds Post-Tax Profits for the Base Year (as hereinafter defined).