Adjusted Americas Acquisition PBT

Adjusted Americas Acquisition PBT. Means, with respect to the appliable calendar year, (i) the Americas Acquisition PBT less Funding Charges associated with the applicable Acquisition, the sum of which is capped at the lower of the Baseline or Ten Million Dollars ($10,000,000), plus (ii) the incremental Americas Acquisition PBT growth above its Baseline. The Adjusted Americas Acquisition PBT for each Acquisition (whether positive or negative) with respect to the same calendar year shall be aggregated ("Total Adjusted Americas... Acquisition PBT").2 2For example, if the Baseline is $20,000,000, the Americas Acquisition PBT is $21,000,000 and the Funding Charge is $5,000,000 each year, then the Adjusted Americas Acquisition PBT after year 1 is $10,000,000 (since capped) plus $1,000,000 for the incremental PBT above the Baseline, for a total of $11,000,000, resulting in a Bonus Pool of $1.1 million based on a 10% Payout Rate. If in year 2 the Americas Acquisition PBT is $4,000,000, then the Adjusted Americas Acquisition PBT for that year would be -$1,000,000 and aggregated under the Total Adjusted Americas Acquisition PBT to the extent there are other Acquisitions and if still negative, carried forward as a Deficit. 3 View More