Accrued Bonus Payment Sample Clauses

Accrued Bonus Payment. The Executive shall receive a lump sum payment of any actual bonus amount to the extent that all the conditions for payment of such bonus have been satisfied and any such bonus was earned and is unpaid on the Termination Date.
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Accrued Bonus Payment. The Executive (or the Executive’s estate in the event of the Executive’s death) shall receive a lump sum payment of any Cash Bonus to the extent that all the conditions for payment of such bonus have been satisfied and any such bonus was granted and is unpaid on the Termination Date. Such payment shall be made as soon as is administratively practicable following such Termination Date in accordance with the Company’s customary payroll procedures.
Accrued Bonus Payment. Lump sum payment of Executive’s target bonus for the Company’s prior fiscal year to the extent that any such bonus was earned and is unpaid on the Termination Date.
Accrued Bonus Payment. The Accrued Bonuses in an aggregate amount not to exceed $200,000 shall be paid by Buyer within five (5) Business Days of the Closing.
Accrued Bonus Payment. The Executive shall receive a lump sum payment of any bonus amounts (a) attributable to any of the Company’s completed fiscal periods for which a bonus was earned but is unpaid on the Termination Date, and (b) attributable to any uncompleted fiscal period for which a potential bonus award exists, to the extent that any such bonus was earned and is unpaid on the Executive’s Termination Upon Change of Control, in each case within thirty (30) days after the Termination Date. For purposes of this Section 2.1.2, the amount of bonus "earned" for an uncompleted fiscal period shall be based on the level of performance achieved as of the Termination Date.
Accrued Bonus Payment. Provided Executive complies with the Restrictive Covenants and does not revoke the General Release, the Company shall pay Executive a cash payment of $60,320, less applicable deductions and withholdings (the “Bonus Payment”). The Bonus Payment reflects a pro-rata portion calculated through the Separation Date of the annual bonus payment provided for in the Employment Agreement and awarded under the Company’s annual bonus program and shall be paid to Executive at the time the Company pays annual bonuses to its executive officers; provided, however, that the Bonus Payment shall be paid to Executive no later than March 15, 2009. The Bonus Payment set forth in this Section 4(c) shall be in lieu of and fully supersede any rights Executive may have or have had to bonus or other incentive compensation.

Related to Accrued Bonus Payment

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

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