Corporate Net Income
Corporate Net Income. Means the Company's currency-neutral net income (that is, net income determined by excluding the impact, both positive and negative, of the translation of foreign currency to U.S. dollars) for the relevant period less (i) charges incurred in connection with the Company's gross margin initiatives and (ii) other unforeseen one-time charges as determined by the Committee
Found in
Callaway Golf Company contract
Corporate Net Income. The Company's consolidated net income as reflected in its audited financial statements for the relevant period less (i) charges for employee long-term incentive compensation, (ii) charges incurred in connection with the Company's gross margin initiatives and (iii) other one-time charges/benefits as determined by the Committee
All Definitions
Found in
Callaway Golf Company contract