CONTRIBUTION EARNINGS

CONTRIBUTION EARNINGS. Surviving Corporation's Adjusted Pretax Income (as defined herein); LESS Cost of Acquisition Debt (as defined herein); 2 -2- LESS Financing costs related to future working capital or capital expenditures incurred by Meridian on behalf of Surviving Corporation; LESS Non-deductible Depreciation and/or... Amortization (as defined herein); LESS federal, state and local income taxes calculated on Adjusted Pretax Income reduced by the Cost of Acquisition Debt and financing costs related to future working capital or capital expenditures incurred by Meridian on behalf of Surviving Corporation, and the applicable GAAP treatment of non-deductible depreciation and/or amortization using a Surviving Corporation separate-company basis tax rate in accordance with GAAP (the effective tax rate); View More