VOLUME INCENTIVE REBATE definition
VOLUME INCENTIVE REBATE means any amount credited, paid or accrued as payable by the Company or a Subsidiary to pay (whether paid or payable by credit to accounts payable, in cash, common stock or other property of the Company) to any retail customer which shall be a holder of common stock of the Company, in consideration of the purchase by such customer from the Company or such Subsidiary of a specified volume or volumes (by dollar amount, number of cases or otherwise) of merchandise, or of specified average weekly purchases by weight, volume or purchase price, or of specified order sizes (whether by purchase price, volume or otherwise), as a rebate on the purchase price of such merchandise, either as a predetermined percentage of the price charged to such customer for such merchandise or measured by weight of shipment or otherwise.