This excerpt taken from the NRF 8-K filed Sep 11, 2009.
For purposes of this Plan:
(a) AFFO means FFO, plus or minus, as applicable, each of the following: (i) normalized recurring expenditures that are capitalized by the Company and then amortized, but which are necessary to maintain the Companys properties and revenue stream, such as leasing commissions and tenant improvement allowances; (ii) an adjustment to reverse the effects of the straight-lining of rents and fair value lease revenue under SFAS 141; (iii) the amortization or accrual of various deferred costs including intangible assets and equity based compensation; (iv) an adjustment to reverse the effects of non-cash unrealized gains/losses; (v) an adjustment to reverse the effects of DPOs; and (vi) any item(s) that management and the Audit Committee of the Board or management and the Committee determine are one-time items for earnings reporting purposes.
(b) Annual Bonus means a Bonus determined and paid pursuant to Section 5.
(c) Annual Bonus Pool Percentage means a percentage of the Bonus Pool awarded to a Participant and payable in the form of an Annual Bonus under the Plan.
(d) Balance Sheet Liquidity means, as of a particular date of determination, all cash and cash equivalents of the Company and any subsidiary of the Company.
(e) Beneficial Owner shall have the meaning set forth in Rule 13d-3 under the Exchange Act.