Originally Posted by shiznit

Debt paydown and dividends are not deducted from the profit sharing calculations. It's not actually "profit sharing", it's a bonus payment based upon PTIX excluding one-time items.


I'd trade the rest of the 0-2.5B 10% and even 2.5-3.125B 20% portion (keeping the 20% above that) for 6.5% added to our pay rates in a New York minute.

I'm with you Ferd, pay rates compound into every other section of the contract and in future rates, PS is a fixed number forever.

I do like the "unlimited upside 20%" as a high side protection, but I prefer more of my compensation protected.

"4833" was/is definitely a misnomer... More accurate is 10.76/3/3 with a 4% bonus on half of 2012 earnings. (Standing by for incoming)