Income from Operations

Income from Operations. Means the income from operations (or similar entry) shown on the audited financial statements of the Company for each Fiscal Year, not including any compensation income or expense relating to any payments made pursuant to this Agreement.

Income from Operations. Means the consolidated income before income taxes and excluding: (i) discontinued operations; (ii) Extraordinary Items; (iii) cumulative effect of change in accounting principle; (iv) fixed charges; and (v) other non-operating income and expenses; if applicable, for the Performance Period, computed in accordance with U.S. generally accepted accounting principles and as reported in the Company's annual report to shareholders or as otherwise reported to shareholders.