Common use of Annual Cash Bonus Clause in Contracts

Annual Cash Bonus. During the term of employment, Executive shall be eligible to participate under the Company’s annual incentive program for executive officers, as in effect and from time to time adopted by the Board (the “Incentive Plan”) for the award of an annual cash bonus (“Annual Cash Bonus”). The Annual Cash Bonus shall be determined based on a target bonus equal to 100% of Base Salary (the “Target Bonus”). Payment of the Annual Cash Bonus, if any, shall be made pursuant to the terms and conditions of the Incentive Plan.

Appears in 7 contracts

Samples: Employment Agreement (Builders FirstSource, Inc.), Employment Agreement (Builders FirstSource, Inc.), Employment Agreement (Builders FirstSource, Inc.)

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Annual Cash Bonus. During the term of employmentEmployment Period, Executive shall be eligible to participate under the Company’s annual incentive program for executive officers, as in effect and from time to time adopted by the Board (the “Incentive Plan”) for the award of an annual cash bonus (“Annual Cash Bonus”). The Annual Cash Bonus shall be determined based on of up to a target bonus equal to 100of 50% of Executive's Base Salary (the “Target Bonus”). Payment "YEAR-END BONUS") to be paid to him in each calendar year with the determination of the Annual Cash Year-End Bonus, if any, to be based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Compensation Committee. The Year-End Bonus for each calendar year shall be made pursuant paid to the terms and conditions Executive on or before April 30th of the Incentive Planimmediately succeeding year.

Appears in 4 contracts

Samples: Employment Agreement (Resortquest International Inc), Employment Agreement (Resortquest International Inc), Employment Agreement (Resortquest International Inc)

Annual Cash Bonus. During the term of employmentEmployment Period, Executive shall be eligible to participate under the Company’s annual incentive program for executive officers, as in effect and from time to time adopted by the Board (the “Incentive Plan”) for the award of an annual cash bonus (“Annual Cash Bonus”). The Annual Cash Bonus shall be determined based on of up to a target bonus equal to 100of 55% of Executive's Base Salary (the “Target "Year-End Bonus”). Payment ") to be paid to him in each calendar year with the determination of the Annual Cash Year-End Bonus, if any, to be based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Human Resources Committee. The Year-End Bonus for each calendar year shall be made pursuant paid to the terms and conditions Executive on or before February 28th of the Incentive Planimmediately succeeding year.

Appears in 3 contracts

Samples: Employment Agreement (Gaylord Entertainment Co /De), Employment Agreement (Gaylord Entertainment Co /De), Employment Agreement (Gaylord Entertainment Co /De)

Annual Cash Bonus. During the term of employment, Executive shall be eligible to participate receive an annual cash bonus (“Annual Cash Bonus”) under the Company’s annual incentive program award plan for executive officers, management and executives as in effect and from time to time adopted by the Board (the “Incentive Plan”) for the award of an annual cash bonus (“Annual Cash Bonus”). The Annual Cash Bonus shall be determined based on a target bonus equal to 100% of Base Salary (the “Target Bonus”). Payment of the Annual Cash Bonus, if any, shall be made pursuant to the terms and conditions of the Incentive Plan.

Appears in 2 contracts

Samples: Employment Agreement (BMC Stock Holdings, Inc.), Employment Agreement (BMC Stock Holdings, Inc.)

Annual Cash Bonus. During the term of employment, Executive shall be eligible to participate under the Company’s annual incentive program award plan for executive officers, management and executives as in effect and from time to time adopted by the Board (the “Incentive Plan”) for the award of an annual cash bonus (“Annual Cash Bonus”). The Annual Cash Bonus shall be determined based on a target bonus equal to 10075% of Base Salary (the “Target Bonus”). Payment of the Annual Cash Bonus, if any, shall be made pursuant to the terms and conditions of the Incentive Plan.

Appears in 2 contracts

Samples: Employment Agreement (BMC Stock Holdings, Inc.), Employment Agreement (BMC Stock Holdings, Inc.)

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Annual Cash Bonus. During the term of employment, Executive shall be eligible to participate receive an annual cash bonus (“Annual Cash Bonus”) under the Company’s annual 's incentive program award plan for executive officers, management and executives as in effect and from time to time adopted by the Board (the “Incentive Plan”) for the award of an annual cash bonus (“Annual Cash Bonus”). The Annual Cash Bonus shall be determined based on a target bonus equal to 10075% of Base Salary (the “Target Bonus”). Payment of the Annual Cash Bonus, if any, shall be made pursuant to the terms and conditions of the Incentive Plan.

Appears in 1 contract

Samples: Employment Agreement (BMC Stock Holdings, Inc.)

Annual Cash Bonus. During the term of employment, Executive shall be eligible to participate under the Company’s annual incentive program award plan for executive officers, management and executives as in effect and from time to time adopted by the Board (the “Incentive Plan”) for the award of an annual cash bonus (“Annual Cash Bonus”). The Annual Cash Bonus shall be determined based on a target bonus equal to 100% of Base Salary (the “Target Bonus”). Payment of the Annual Cash Bonus, if any, shall be made pursuant to the terms and conditions of the Incentive Plan.

Appears in 1 contract

Samples: Employment Agreement (BMC Stock Holdings, Inc.)

Annual Cash Bonus. During the term of employment, Executive shall be eligible to participate under the Company’s annual incentive program award plan for executive officers, management and executives as in effect and from time to time adopted by the Board (the “Incentive Plan”) for the award of an annual cash bonus (“Annual Cash Bonus”)) . The Annual Cash Bonus shall be determined based on a target bonus equal to 100% of Base Salary (the “Target Bonus”). Payment of the Annual Cash Bonus, if any, shall be made pursuant to the terms and conditions of the Incentive Plan.

Appears in 1 contract

Samples: Separation Agreement and General Release (BMC Stock Holdings, Inc.)

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