Adjusted Divisional Net Worth

Example Definitions of "Adjusted Divisional Net Worth"
Adjusted Divisional Net Worth. For a Fiscal Year means a Division's net worth for such year, as determined by the Compensation Committee and as adjusted: a. to reflect net worth on a FIFO (First-In, First-Out) basis; and b. to exclude the assets and liabilities of certain business units of the Corporation; and c. further adjusted in the discretion of the Chief Executive Officer to reflect significant sales or acquisitions of corporate assets and other extraordinary items, and changes in accounting standards during the year.
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