Sentences with phrase «which awards tax»

Robert Pasinella, executive director of the Rensselaer County Industrial Development Agency, which awards tax breaks to encourage economic growth, told

Robert Pasinella, executive director of the Rensselaer County Industrial Development Agency, which awards tax breaks to encourage economic growth, told The Alt on Monday that he had had a preliminary discussion with Bryce about a potential incentive package related to the building, but had said that any financial assistance would depend on dollars invested and jobs created and that he'd need to see the project.

Not exact matches

The performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested

Under the Bonus Plan, our compensation committee, in its sole discretion, determines the performance goals applicable to awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions, cash flow, cash position, earnings (which may include any calculation of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales, operating cash flow, operating expenses, operating income, operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return on assets, return on capital, return on equity, return on investment, return on sales, revenue, revenue growth, sales results, sales growth, stock price, time to market, total stockholder return, working capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.

stock ownership policy under which all executive officers are required to retain 50 % of their after - tax profit shares acquired upon exercise of options or vesting of stock awards for a period of one year following retirement, and all other employees are expected to retain that number of shares while employed by the Company.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

SUPPORTING STATEMENT: Our Company has a policy under which it pays the taxes on restricted stock awards received by named executive officers.

the Company's stock ownership guidelines, which require all executive officers to retain 50 % of their after - tax profit shares upon exercise of options and 50 % of after - tax shares upon vesting of Performance Share Awards or RSRs for a period of one year following retirement.

Tucked into an epic leak of 13.4 million financial documents that exposed the offshore tax - evasion practices of politicians, billionaires, celebrities and blue - chip companies were details about a company Bono invested in called Nude Estates, which owned a stake in a shopping mall in eastern Lithuania, a country the Grammy Award - winning artist has reportedly never visited.

Includes 2,028,516 shares which were pledged in connection with loans used to fund tax and other obligations associated with vesting and delivery of equity incentive awards and purchases of Company shares.

The award, presented to the station by the Ghana Revenue Authority [GRA], is in recognition of its consistent discussions on tax issues which affected revenue mobilization for the year under review.

While they may disagree on many policy issues Miner and DeFrancisco agreed on the need to invest in aging infrastructure such as pipes and roads and faulted Cuomo's efforts to boost the upstate economy, which include tax breaks for start - up companies and competitive regional economic development awards.

Medical Malpractice Lawsuit Limitation — Vote Passed (218 - 210, 6 Not Voting) The House passed a bill that would limit to $ 250,000 the non-economic damages that can be awarded in a medical malpractice lawsuit in which the plaintiff's health care was paid for in whole or in part via a federal program, subsidy or tax benefit, and would establish a statute of limitations for initiating such lawsuits of either three years following the plaintiff's injury, or one year after the plaintiff discovers such injury, whichever occurs first.

The tax break will assist the popular, award - winning specialty foods company, which had considered leaving New York State to cut costs.

The Syracuse Common Council, which reviews tax breaks awarded by SIDA, also would lose the opportunity to seek specific benefits such as local hiring quotas or job training programs.

Shortly after accepting an «Outstanding Achievement in State Tax Reform» award from the Washington, D.C. - based Tax Foundation — which Mr. Cuomo's Secretary Larry Schwartz once called a «right - wing think tank» that manipulated data — the governor lavished praise on the current state legislature, which he credited with helping move New York State up in the Foundation's corporate tax rankings from number 25 to number four out of all 50 statTax Reform» award from the Washington, D.C. - based Tax Foundation — which Mr. Cuomo's Secretary Larry Schwartz once called a «right - wing think tank» that manipulated data — the governor lavished praise on the current state legislature, which he credited with helping move New York State up in the Foundation's corporate tax rankings from number 25 to number four out of all 50 statTax Foundation — which Mr. Cuomo's Secretary Larry Schwartz once called a «right - wing think tank» that manipulated data — the governor lavished praise on the current state legislature, which he credited with helping move New York State up in the Foundation's corporate tax rankings from number 25 to number four out of all 50 stattax rankings from number 25 to number four out of all 50 states.

A sizeable chunk of the subsidies for the Erwin expansion came from the Steuben County Industrial Development Agency, which awards more tax breaks to Corning than any other company.

As part of Mayor Bill de Blasio's proposal to reform 421a, which would require the state legislature's approval, he is offering landlords the opportunity to extend some tax abatements awarded pre-2008 that are about to run out.

Casino Jack (R for violence, brief nudity and pervasive profanity) Two - time Academy Award - winner Kevin Spacey plays the title character in this political comedy revisiting the scandal which ruined the career of Jack Abramoff, the once - powerful DC lobbyist convicted of fraud, conspiracy, tax evasion and influence peddling.

Casino Jack (12/17) Two - time Academy Award - winner Kevin Spacey plays the title character in this political comedy revisiting the scandal which ruined the career of Jack Abramoff, the once - powerful DC lobbyist convicted of fraud, conspiracy, tax evasion and influence peddling.

Last September, there was a groundbreaking study from the Urban Institute that looked at long - term outcomes in the Florida Tax Credit Scholarship program, which awards scholarships to eligible children from low - income families.

At the end of 2016, the U.S. Treasury Department awarded ExED a $ 55 million allocation of New Markets Tax Credits, which will be used to support new charter school facilities in our lowest income communities.

He has touted a federal version of Florida's tax credit scholarship program, which gives corporations and businesses a tax credit if they donate money to state - approved nonprofit organizations that award scholarships to low - income students to attend private and religious schools.

The first $ 40 million of excise tax (a wholesale tax before the product reaches the store shelf) on marijuana raised each year in Colorado is dedicated to a program called BEST, which awards competitive grants to school construction projects — mostly to improve buildings in rural districts

This year, we continued that study by doing the same for seven states» tax - credit scholarship programs, which cover 93 percent of total scholarships awarded to date.

Unlike traditional voucher programs, which award taxpayer money directly to students to attend private schools, tax - credit programs give individuals or corporations a break on their yearly bills if they contribute to organizations that award private school scholarships to students.

The awards, which are given out annually, consider eight major areas of expense — financing, fueling, maintenance, repairs, insurance, fees and taxes, depreciation, and opportunity cost — and analyze 28 different life cycle cost scenarios to yield an accurate picture of each vehicle's true total average cost.

$ 250 Air Travel Credit: The card offers travelers a $ 250 air travel credit, which automatically applies to purchases made directly with airlines, including airfare and upgrade costs, airline taxes on award tickets, in - flight meals and entertainment, baggage fees, etc..

It doesn't charge you points for most of the taxes and fees on award tickets, which boosts your savings.

In practice you don't pay excise taxes on award tickets anymore which gets you more value, but the conservative view is your number.

However, a 39 percent income withholding tax is applied to each award, which significantly lowers the number of awards that the U.S. Department of Agriculture can make each year.

$ 250 Air Travel Credit: The card offers travelers a $ 250 air travel credit, which automatically applies to purchases made directly with airlines, including airfare and upgrade costs, airline taxes on award tickets, in - flight meals and entertainment, baggage fees, etc..

In this case — excluding Istanbul to Antalya — we arrive at an award worth $ 12,740.30, which after subtracting tax equals an insane 12.6 cents per mile worth of value, truly an exceptional deal.

One other important factor to consider is the fuel surcharges which can significantly increase the taxes and fees on an award ticket.

After determining which fees and taxes apply to your award ticket, you can add up the numbers and check them against the price quoted by the airline when you book your award.

Per the American Airlines oneworld award chard, a roundtrip Business Class fare on any of these three routes will cost 150,000 miles + taxes (which will be low)

While the number of miles needed for a Business Class redemption isn't exactly low (you're better off trying to get to / from Europe on United's own aircraft which will only cost 115,000 for roundtrip Business Class), the taxes for a premium cabin award are low for a European route.

You then redeem your miles for an award flight, which is supposed to be free, except for any taxes and fees.

Aside from a few short - haul economy flights we paid for out of pocket, the only costs we encountered were taxes and fees on our award tickets — all of which cost less than an economy fare would have on any of the flights.

Even if you absolutely had to have a flexible rate (which in this case costs $ 315 + tax = $ 365 / night) you would still be overpaying by $ 5 / night... and you would be forgoing Hyatt Points and elite status credit by booking an award night.

But, if you buy a revenue ticket instead of an award ticket, it will cost you $ 3,599.90, Which means you are paying 76,500 miles for $ 3,106.50, difference between revenue ticket ($ 3,599.90) and taxes and surcharges on award ticket ($ 493.40)

On top of this you would have the taxes and surcharges that partners like British Airways will charge you which will take the cost of the award to over $ 3,000.

The taxes associated with an award ticket are already included in the cost of a cash fare so, to get a true cost / mile figure, they need to be stripped out (which is what the formula does).

These rates don't include tax, which is waived on award nights and makes them an even better deal.

Award miles are based ONLY on the price of your ticket, which includes base fare and carrier - imposed surcharges but not government taxes.

Which means you are paying 36,125 miles for $ 272.5, difference between revenue ticket ($ 726.90) and taxes and surcharges on award ticket ($ 456.40).

You could then use the 100,000 miles, plus taxes and fees, to book a round - trip business class award trip to Europe, which might retail for a few thousand dollars.

The price is for one - way main cabin award tickets and you also have to pay taxes and fees which come out to $ 5.60.