Neiman Marcus 2009 Annual Report Download - page 439
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As used herein, the "Quarterly RAM Sharing Amount" means the following:
(i) If the Profit Sharing Post MP RAM for the preceding Program Quarters in the current Program Year is
equal to or greater than [***] but less than [***], Bank shall pay to NMG an amount equal to (1) [***] of the
amount of such excess times Average Daily Gross Receivables for the preceding Program Quarters in such Program
Year times (2) a fraction the numerator of which is the number of days in the preceding Program Quarters in such
Program Year and the denominator of which is 365.
(ii) If the Profit Sharing Post MP RAM for the preceding Program Quarters in the current Program Year is
equal to or greater than [***]and less than or equal to [***], Bank shall pay to NMG an amount equal to (1) the sum
of (A) [***] times Average Daily Gross Receivables and (B) [***] of the amount by which such Profit Sharing Post
MP RAM exceeds [***] times Average Daily Gross Receivables for the preceding Program Quarters in such
Program Year times (2) a fraction the numerator of which is the number of days in the preceding Program Quarters
in such Program Year and the denominator of which is 365.
(iii) If the Profit Sharing Post MP RAM for the Program Quarters in the current Program Year is greater than
[***], Bank shall pay to NMG an amount equal to (1) the sum of (A) [***] times Average Daily Gross Receivables
and (B) [***] of the amount by which such Profit Sharing Post MP RAM exceeds [***] times Average Daily Gross
Receivables for the preceding Program Quarters in such Program Year times (2) a fraction the numerator of which is
the number of days in the preceding Program Quarters in such Program Year and the denominator of which is 365.