Average Inventory Balance — is the average balance in the inventory accounts utilizing the last day ending balances of these accounts for each of the five consecutive fiscal quarters ending with the last quarter of the fiscal year.

The number of shares earned under the Awards will be determined by the applicable bonus percentages as noted in each of the Agreements computed under the Company’s Profit Sharing Incentive Bonus Plan for the applicable fiscal year(s) ending June 30 - beginning with the fiscal year ending June 30, 2015.

“Bonus Period” is a fiscal year of the Company ending during the Term; and

“Fiscal Year” means each fiscal year of the Company ending on a Saturday occurring near the end of each December, as determined by the Company in a manner consistent with its prior practice.

The election is available for Performance Share Awards issued in the Company’s Fiscal Year ending in calendar year 2003 and 2004.

of this definition for such first fiscal quarter times four (4), (B) for the period ending on the last day of the second fiscal quarter of Holdings ending after the Effective Date, such amounts set forth in clause (b) of this definition for the first and second fiscal quarters of Holdings ending after the Effective Date, times two (2), and (C) for the period ending on the last day of the third fiscal quarter of Holdings ending after the Effective Date, such amounts set forth in clause (b) of this definition for the first, second and third fiscal quarters of Holdings ending after the Effective Date, times four-thirds (4/3).

SECTION # GUARANTEE‌172

an annual bonus of $10,000 for the fiscal year ending June 30, 2018, if Employee is employed by the Company as of such date, and for each subsequent fiscal year, such bonus or bonuses as may be determined by the Board of Directors of the Company (the “Board”), or the compensation committee thereof (the “Compensation Committee”), in its sole discretion, in each case payable not later than the 97th day of the next fiscal year; and

“Applicable ECF Percentage” means 50%; provided that, commencing with the fiscal year ending December 31, 2021, if the Net Leverage Ratio does not exceed # 3.75 to 1.00 or # 3.00 to 1.00 for each fiscal year thereafter, the Applicable ECF Percentage shall be 25% or 0%, respectively, with respect to such fiscal year.

Performance Period: The Company’s fiscal year beginning on September 1, 20​ and ending on August 31, 20​.