Profit Target definition

Profit Target means, for each calendar year in the Employment Period, the greater of the Profit for the preceding calendar year and the Base Line Profit. “Base Line Profit” means the Profit of the Company for the annual period ended December 31, 2009.
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Profit Target means target of Actual Audited Before-Tax Profit of the month ended on December 31, 2010 and of any fiscal year during three years ended on December 31, 2013, as listed in Article 4.7 hereof.
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Profit Target means, for each calendar year in the
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Examples of Profit Target in a sentence

  • Profit Target Each step in the programme has a specified target milestone in terms of USD net profit.

  • In the event that Xxxxxxx does not achieve the Profit Target, the Vendor will compensate the Company 10 times the 49.9% of the amount of shortfall from the Profit Target (the “Guaranteed Amount”) using the Second Tranche Shares and in cash if the Second Tranche Shares is insufficient to satisfy the Guaranteed Amount.

  • Under the Agreement, if the Target Company achieves certain Profit Target during the Earn- out Period, the Company shall, no later than 14 business days from the date that the audit of the Target Company's financial statements for the Earn-out Period is completed, allot and issue the relevant aggregate number of Earn-out Shares to the Vendors, credited as fully paid, at the Issue Price for each Earn-out Share.

  • Profit Target for the quarter ended September 30, 2005 shall be $1,500,000.00.

  • In the event that the Profit Target is achieved, a maximum number of 194,481,663 Second Tranche Shares (“Maximum Second Tranche Shares”) will be issued to the Vendor within 15 Business Days from the date of issue of the certificate by Xxxxxxx’s auditors, certifying that the net profit after tax of Loudong for FP2008 is equal to or greater than the Profit Target.

  • NAPA Product Costs Non-NAPA Product Costs Billed to Dublin at a 10% gross profit rate (gross profit is store acquisition cost divided by .90) Billed to Dublin at a 10% gross profit rate (gross profit is acquisition cost divided by .90) Operational Costs Billed to Dublin at cost Net Profit Target 10% net profit for NAPA Both NAPA Product Costs and Non-NAPA Product Costs shall be set by NAPA to yield a gross profit of ten percent (10%).

  • If any of the Operation Profit Target is not fully achieved, the Restricted Shares shall be granted and vested according to the actual operation profit on a pro rata basis, provided that the following conditions are met: (1) Domestic Transaction is filed with the Industrial and Commerce Administration Authority; (2) Profit Target is 80% or more achieved; (3) the Management Shareholders are not dismissed from Feiliu and/or Red.

  • Profit Target for the quarter ended June 30, 2005 shall be $1,250,000.00.

  • November 1, 2008 Mr. Xxxxx Xxxxxx Director, Airline Division International Brotherhood of Teamsters 00 Xxxxxxxxx Xxxxxx, X.X. Washington, DC 20001 Re: Annual Pre-tax Profit Target Dear Xxxxx, The Company will offer a supplemental profit sharing plan that will allow XJT employees to recoup their concessions if the Company attains certain financial targets.

  • NAPA Product Costs Non-NAPA Product Costs Billed to Dublin at a 10% gross profit rate (gross profit is store acquisition cost divided by .90) Billed to Dublin at a 10% gross profit rate (gross profit is acquisition cost divided bv .90) Operational Costs Billed to Dublin at cost Net Profit Target 10% net profit for NAPA Both NAPA Product Costs and Non-NAPA Product Costs shall be set by NAPA to yield a gross profit of ten percent (10%).


More Definitions of Profit Target

Profit Target shall have the meaning ascribed to it in Clause 10.1(iii);
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Profit Target means, in respect of the Financial Period, $2,500,000.
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Profit Target. Refers to the guarantee listed in Article 6.1 herein provided by Party B to Party A for the Actual Audited Pre-tax Profit;
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Profit Target means each of the Year 1 Profit Target, Year 2 Profit Target and Year 3 Profit Target.
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Profit Target means the guarantee made by the Sellers to the Purchaser with respect to the actual audited pre-tax profit of the Company as listed in Article 4.3 hereof.
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Profit Target means an aggregate net operating profit after tax of the Target Company of not less than S$3,000,000 for the thirty-six months period commencing from 1 March 2020 and ending on 28 February 2023 (“Profit Target Period”). The quantum of the Profit Target was derived after reviewing the track record and financial performance of the Target Company.
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Related to Profit Target

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • 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.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • 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.

  • Supplier Profit Margin means, in relation to a period, the Supplier Profit for the relevant period divided by the total Charges over the same period in respect of any Call Off Agreements and expressed as a percentage;

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Collaboration Target means the Initial Collaboration Targets set forth on Exhibit F and any Additional Target or Substitute Target that is selected in accordance with Section 3.3 of this Agreement.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies:

  • EPS means earnings per share.

  • 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;

  • EBIT means earnings before interest and taxes.

  • Current year means the financial year, which has already commenced, but not yet ended;