Salary & Bonus means additional monies granted to teachers maintaining National Board certification subject to the availability of funds specifically appropriated by the Legislature to the State Board of Education for that purpose;

Salary & Bonus means, as of the effective date of the termination of Executive's employment with Company and its Affiliates, the sum of: (1) Executive's highest annual rate of salary at any time during the preceding 24 months, and (2) Executive's average annual bonus under Company's executive incentive compensation plan for the preceding three fiscal years (or such lesser number of full fiscal years of Executive's employment with Company and/or an Affiliate). If Executive's employment terminates during the same fiscal year of Company in which such employment begins, then the bonus component of Executive's Salary & Bonus will be Executive's annualized target bonus for such year.

Salary & Bonus has the meaning set forth in Section 12(c).

Examples of Salary & Bonus in a sentence

Compensation Objective Base Salary + Bonus Target = Short-Term Compensation Objective An individual's short-term compensation objective will be based on salary plus a bonus, expected to be earned if agreed-upon performance targets are met.
Compensation Objective ---------------------- Base Salary + Bonus Target = Short-Term Compensation Objective An individual's short-term compensation objective will be based on salary plus a bonus, expected to be earned if agreed-upon performance targets are met.
Summary Compensation Table Name and Principal Position Year Salary ($) Bonus ($) Other ($) Stock ($) SARs (#) ($) Options/ ($) Comp ensa tion Thomas Hughes 1998 -0- -0- -0- -0- -0- -0- -0- Thomas Hughes/ 1997 -0- -0- -0- 375,000 -0- -0- -0- James S.
Golden DATE: 12/9/2002 RE: executive pay package for 2003, for Castro, Modder Salary & Bonus arrangement This arrangement starts with the salary for the executives as described below and then pays a bonus or reduces the salary.
Compensation Objective Bonus Targets Performance Targets Goal Setting Guidelines Program Schedule Form of Payment Compensation Objective Base Salary + Bonus Target = Short-Term Compensation Objective An individual's short-term compensation objective will be based on salary plus a bonus, expected to be earned if agreed-upon performance targets are met.

More Definitions of Salary & Bonus

Salary & Bonus means, as of the effective date of the termination of Xx. Xxxxxx’x Employment with the Company and its Affiliates, the sum of: (1) Xx. Xxxxxx’x highest annual rate of salary at any time during the preceding 24 months, and (2) Xx. Xxxxxx’x average annual bonus for the two preceding calendar years.

Salary & Bonus means additional monies granted to teachers

Salary & Bonus means, as of the effective date of the termination of Executive’s Employment with Company and its Affiliates, the sum of: (1) Executive’s highest annual rate of salary at any time during the preceding 24 months, and (2) Executive’s average annual bonus for the two preceding calendar years. If the number of preceding years of Executive’s Employment is less than two, then the bonus component of Executive’s Salary & Bonus will be equal to bonus earned during the calendar year preceding the date of Executive’s termination of Employment; and, if the Executive has not completed at least a full calendar year of Employment, the bonus component of Executive’s Salary & Bonus will be zero.

Salary & Bonus has the meaning set forth in Section 3(c).

Salary & Bonus means, as of the effective date of the termination of Executive’s Employment with Company and its Affiliates, the sum of:

Salary & Bonus and "Incentive", all as defined in accordance with the Contract), benefits, vacation entitlement and perquisites to August 31, 2003 will continue to be determined and paid to August 31, 2003 in accordance with the Contract; further, however, the Company agrees that:

Salary & Bonus means additional monies granted to eligible