Store Contribution

Store Contribution. The Company's sales (excluding proceeds from real estate sale-lease back transactions) less cost of sales, store payrolls, bonuses, employee fringe benefits, taxes, employee health insurance premiums and other expenses, advertising and store general and administrative expenses, PROVIDED, that cash reserves for store closings of up to one million dollars ($1,000,000) over any two-year period may be excluded from the calculation of Store Contribution if such reserves are approved by the vote of... at least eighty percent (80%) of the Company's Board of Directors. Store Contribution shall be calculated using the information reflected in the Company's audited financial statements for FY 1998. View More