Annual Bonus Amount. Up to 60% of Adjusted Base Salary; Formula to ------------------- approximate that of other senior executive officers.
Annual Bonus Amount. Employee shall be entitled to be paid an ------------------- annual bonus amount (the "Annual Bonus Amount") in respect of each calendar year beginning with the 1997 calendar year as further specified and described on Schedule B attached hereto. The Annual Bonus Amount shall be deemed earned as ---------- of December 31 of the applicable calendar year and shall be due and payable, subject to all applicable withholding and deductions, within 31 days following the end of the calendar year to which such Annual Bonus Amount relates based upon the Company's good faith preliminary estimate thereof for such calendar year; provided, that upon certification by the Company's auditors of the -------- Company's consolidated financial statements for such calendar year, the definitive Annual Bonus Amount for such calendar year shall be determined by the Company and the Company shall promptly pay to Employee (in the case the preliminary estimate resulted in an underpayment), or the Employee shall promptly repay to the Company (in the case the preliminary estimate resulted in an overpayment), the amount necessary to provide Employee with full payment of the definitive Annual Bonus Amount as finally determined in accordance with such audited consolidated financial statements for such calendar year.
Annual Bonus Amount. The average of the annual target bonuses applicable to the Executive during the three calendar years preceding the calendar year in which the Qualifying Termination occurs.
Annual Bonus Amount. (1) In the event the Date of Termination occurs prior to a Change in Control, the Annual Bonus Amount shall be the average of the actual regular annual cash bonuses paid or payable to Employee with respect to the two fiscal years of the Company immediately preceding the fiscal year in which the Date of Termination occurs (or such lesser number of fiscal years as Employee may have been employed by the Company preceding the fiscal year in which the Date of Termination occurs) (the “Actual Bonus Amount”); provided, however, that in the event the Employee was not employed with the Company prior to the fiscal year in which the Date of Termination occurs, the Annual Bonus Amount shall equal the target bonus amount established for Employee for the fiscal year in which the Date of Termination occurs, or, if none, an amount equal to 80% of Employee’s Base Salary (the target bonus amount or percent of salary being the “Assumed Bonus Amount”).
Annual Bonus Amount. (1) In the event the Date of Termination occurs prior to a Change in Control, the Annual Bonus Amount shall be the average of the actual regular annual cash bonuses paid or payable to Employee with respect to the two fiscal years of the Company immediately preceding the fiscal year in which the Date of Termination occurs (or such lesser number of fiscal years as Employee may have been employed by the Company preceding the fiscal year in which the Date of Termination occurs); provided, however, that in the event the Employee was not employed with the Company prior to the fiscal year in which the Date of Termination occurs, the Annual Bonus Amount shall equal the target bonus amount established for Employee for the fiscal year in which the Date of Termination occurs, or, if none, an amount equal to 20% of Employee’s Base Salary (the target bonus amount or percent of salary described above being the “Assumed Bonus Amount”).
Annual Bonus Amount. The Target-level award payable to the Executive for the year in which the Relevant Date occurred (or, if not then established, for the preceding year) or, if higher, for any subsequent year that begins before the Qualified Termination of Employment, under the Xxxxxxxx-Xxxxx Corporation Executive Officer Achievement Award Program or the Xxxxxxxx-Xxxxx Corporation Management Achievement Award Program, as applicable, or any successor or additional plan.
Annual Bonus Amount. 1. In the event the Date of Termination occurs prior to a Change in Control, the Annual Bonus Amount shall be the average of the actual regular annual cash bonuses paid or payable to Employee with respect to the two fiscal years of the Company immediately preceding the fiscal year in which the Date of Termination occurs (or such lesser number of fiscal years as Employee may have been employed by the Company preceding the fiscal year in which the Date of Termination occurs) (the “Actual Bonus Amount“); provided, however, that in the event the Date of Termination occurs in 2013, the Annual Bonus Amount shall equal $100.000.00.
Annual Bonus Amount. The Annual Bonus Amount shall be the average of the actual regular annual cash bonuses paid or payable to Executive with respect to the two calendar years of the Company immediately preceding the calendar year in which the Date of Termination occurs (or such lesser number of calendar years as Executive may have been employed by the Company preceding the calendar year in which the Date of Termination occurs); provided, however, that in the event the Executive was not employed with the Company prior to the calendar year in which the Date of Termination occurs, the Annual Bonus Amount shall equal the target bonus amount established for Executive for the calendar year in which the Date of Termination occurs (the target bonus amount described above being the “Assumed Bonus Amount”). 3954123
Annual Bonus Amount. (1) In the event the Date of Termination occurs following a Change in Control, the Annual Bonus Amount shall be the greater of (i) the Annual Bonus Amount as calculated in Section 1.1(a)(2) below, or (ii) the Assumed Bonus Amount as defined in Section 1.1(a)(2) below.
