Adjusted PreTax Net Income

Adjusted PreTax Net Income. Means, for any Year, net income of the Company, before taxes, extraordinary items and bonuses payable to Participants under this Plan, as determined by the Company's outside auditors; provided, however, that, to the extent reasonably determinable, the effect upon Adjusted Pre- Tax Net Income of any income and start-up expenses associated with significant capital expenditures, for a period not to exceed twelve (12) months following start-up, shall be... excluded from and not taken into account in determining such Adjusted Pre-Tax Net Income. View More