To qualify for profit sharing, the following conditions must be met:
The copier's "current floating profits" must exceed their "High Water Mark" (if any). If the difference is negative, no profit sharing will occur.
The copier must have a sufficient balance for the deduction of the value under “shareable profits”.
The copier's margin level must be above 100% after the deduction mentioned in 2.
Note: For copiers, the high water mark is the highest historical record of their “current floating profits”.