Common use of ANNUAL CASH INCENTIVE AWARD Clause in Contracts

ANNUAL CASH INCENTIVE AWARD. Executive will participate in the Company’s annual cash incentive plan established for senior executives with an annual target cash award equal to 100% of Base Salary, and a maximum cash award equal to 200% of Base Salary. Executive’s annual cash incentive award will be payable at such time as annual cash incentive awards are paid to executive officers generally, but not later than 120 days after the end of the fiscal year for which such award is earned. Such annual cash incentive award shall be considered earned only if Executive is employed by the Company as of the last day of the fiscal year to which the award applies.

Appears in 1 contract

Samples: Employment Agreement (Korn Ferry International)

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ANNUAL CASH INCENTIVE AWARD. Executive will participate in the --------------------------- Company’s 's annual cash incentive plan established for senior executives with an annual target cash award equal to 100150% of Base Salary, and a maximum cash award equal to 200300% of Base Salary. Executive’s 's annual cash incentive award will be payable at such time as annual cash incentive awards are paid to executive officers generally, but not later than 120 days after the end of the fiscal year for which such award is earned. Such annual cash incentive award shall be considered earned only if Executive is employed by the Company as of the last day of the fiscal year to which the award applies.

Appears in 1 contract

Samples: Employment Agreement (Korn Ferry International)

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ANNUAL CASH INCENTIVE AWARD. Executive will participate in the Company’s annual cash incentive plan established for senior executives with an annual target cash award equal to 100% of the Annual Base Salary, and with the ability to earn up to a maximum cash award equal to 200% of the Annual Base Salary. Executive’s annual cash incentive award will be payable at such time as annual cash incentive awards are paid to executive officers generally, but not later than 120 days after the end of the fiscal year for which such award is earned. Such The annual performance targets for the cash incentive award shall be considered earned only if Executive is employed set by the Company as of Board and/or the last day of the fiscal year to which the award appliesCompensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Korn Ferry)

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