2007 Bonus. Executive shall receive a bonus of $37,500 within thirty (30) days after the Commencement Date.
2007 Bonus. On or about April 1, 2008, the Board of Directors of the Company shall determine and the Company shall make a bonus payment for 2007 to Xx. Xxxxxxxx. Such bonus (the “2007 Bonus Payment”) shall be determined in accordance with the Executive Management Bonus Scheme or alternate bonus scheme that may be approved by the Board of Directors and the payment shall be wired to Xx. Xxxxxxxx’x nominated bank account. The 2007 Bonus Payment will be made less all applicable withholdings and deductions.
2007 Bonus. As provided in Section 4.1 of and Exhibit A to the Plan, the Company shall pay Executive a pro rata target bonus for 2007 in an amount equal to 8/12ths of the 30% personal component of 80% of his annualized base salary, or $105,600. In addition, to the extent the Company meets certain predetermined financial targets set forth in the 2007 bonus plan, which would have allowed Executive to receive additional compensation under the 2007 bonus plan, the Company agrees to pay Executive in 2008 the difference, if any, between the pro-rated bonus he would have received less $105,600 at the same time as active employees receive 2007 bonuses.
2007 Bonus. Executive shall receive a $125,000 bonus within thirty (30) days after the Commencement Date. This payment will be in full satisfaction of the bonus for a Business Combination otherwise payable under his April 16, 2007 employment contract.
2007 Bonus. Subject to the terms and conditions for payment of corporate bonuses generally applicable to employees for services rendered in 2007 (other than the requirement that you be employed by VeriSign on the bonus payment date), you will be eligible to receive a portion of your bonus for 2007 (the “2007 Bonus”) to be pro-rated as of the Termination Date. Payment of the 2007 Bonus will be contingent upon your full compliance with your obligations under this Agreement, including without limitation your obligations under Sections 8 and 9 below of this Agreement, at the time VeriSign issues 2007 corporate bonuses to its employees. For the purpose of clarification, your Target Bonus amount for 2007 is sixty percent (60%) of your annual base salary. Your current annual base salary is $420,000. Therefore, if the Termination Date is July 10, 2007 then the maximum amount that you will receive as the 2007 Bonus will be $131,040 (calculated as follows: ($420,000 * .6) * (191/365) = $131,040). The exact amount of the 2007 Bonus that you will receive will be determined by VeriSign based on the performance of both the company and your division (Corporate). The payment of the 2007 Bonus, if any, will be made at the time that VeriSign issues 2007 bonuses to its employees, which will be no later than March 15, 2008.
2007 Bonus. On or about February 29, 2008, the Executive was paid a bonus payment from the Company for her performance in 2007. Such bonus was paid at 105% of Target Bonus ($577,500) (“Bonus Payment”) in a single lump-sum cash payment, less applicable tax withholdings.
2007 Bonus. Xx. Xxxxxxx will be paid a bonus for 2007 under the Incentive Compensation Plan (“ICP”) in accordance with the terms of the ICP. This bonus will be paid at the same time that ICP bonuses are paid to other elected officers, in late February or early March of 2008.
2007 Bonus. Employer will pay Employee his 2007 Target bonus of $560,000 (80% of Base Salary of $700,000) in March 2008 when other management bonuses are paid.
2007 Bonus. For the period from the Effective Date through December 31, 2007, Executive shall have the opportunity to earn a performance bonus of $60,000.00 (the “Annual Bonus”). As a direct report to the Chief Executive Officer, Executive will participate in the K2 Executive bonus plan. Based on such plan, Executive will receive payment of approved bonuses on both a quarterly and annualized basis, subject to approval by the Company’s Compensation Committee. Except as otherwise provided in this Agreement, Executive’s receipt of the Annual Bonus shall be contingent upon Executive’s continued employment through the end of the bonus period with respect to which it is payable; provided, Executive shall have the right to any pro rata portion of the Annual Bonus in the event his employment is terminated by the Company Without Cause prior to the end of such bonus period. After 2007, the Annual Bonus shall be determined in good faith by the Company as soon as practicable after the end of the preceding bonus period.
2007 Bonus. Executive shall be eligible to receive a discretionary bonus for 2007 in accordance with this Section 3(b) (the “2007 Bonus”). The 2007 Bonus shall be a performance-based bonus with a target bonus of 90% of the base salary paid to Executive during 2007 and a maximum bonus equal to 125% of the base salary paid to Executive during 2007. Performance goals for the 2007 Bonus shall be established by the Chief Executive Officer in his sole discretion. The 2007 Bonus shall be paid on the date that bonuses for 2007 are paid generally to employees of the Company in the sole discretion of the Company (such date, the “2007 Bonus Payment Date”). Notwithstanding anything in the foregoing to the contrary, Executive must be employed by the Company on the 2007 Bonus Payment Date to be eligible for the 2007 Bonus (or any portion thereof).
