Common use of Annual Incentive Awards Clause in Contracts

Annual Incentive Awards. The Executive will be eligible for discretionary annual incentive compensation awards; provided, that the Executive will be eligible to receive an annual bonus for each fiscal year that ends after the date of the Merger Agreement and before the end of the Period of Employment based upon a target bonus of $650,000 (each such bonus, an "Incentive Compensation Award").

Appears in 4 contracts

Samples: Form of Agreement (Cuc International Inc /De/), Agreement (Cuc International Inc /De/), Form of Agreement (Cuc International Inc /De/)

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Annual Incentive Awards. The Executive will be eligible for discretionary annual incentive compensation awards; provided, that the Executive . The initial target annual bonus shall be $35,000. Target bonus will be eligible to receive an annual bonus for paid, if earned, by January 31st of each fiscal year that ends after the date of the Merger Agreement and before term. The initial payment in January 2000 will be prorated for the end portion of calendar 1999 during which executive is employed by the Period of Employment based upon a target bonus of $650,000 (each such bonus, an "Incentive Compensation Award")Company.

Appears in 1 contract

Samples: Employment Agreement (Liveperson Inc)

Annual Incentive Awards. The Executive will be eligible for discretionary annual incentive compensation awardsawards (“Incentive Compensation Awards”); providedprovided that, that beginning in calendar year 2007, the Executive will be eligible to receive an annual bonus for in respect of each fiscal year that ends after the date of the Merger Agreement and before the end of the Period of Employment Company based upon a target bonus of $650,000 not less than one hundred percent (each such bonus100%) of Base Salary (“Target Bonus”), an "Incentive Compensation Award")subject to the attainment by the Company of applicable performance targets established and certified by the Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Affinion Group, Inc.)

Annual Incentive Awards. The Executive will be eligible for discretionary annual incentive compensation awards; provided, that the Executive will be eligible to receive an annual bonus for each fiscal year that ends after the date of the Merger Agreement and before the end of the Period of Employment based upon a target bonus of $650,000 150,000 (each such bonus, an "Incentive Compensation Award").

Appears in 1 contract

Samples: Form of Agreement (Cuc International Inc /De/)

Annual Incentive Awards. The Executive will be eligible for discretionary annual incentive compensation awardsawards (“Incentive Compensation Awards”); provided, provided that the Executive will be eligible to receive an annual bonus for in respect of each fiscal year that ends after the date of the Merger Agreement and before the end of Company during the Period of Employment based upon a target bonus of $650,000 not less than fifty percent (each such bonus50%) of Base Salary, an "Incentive Compensation Award")subject to the attainment by the Company of applicable performance targets established and certified by the Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Affinion Loyalty Group, Inc.)

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Annual Incentive Awards. The Executive will be eligible for discretionary annual incentive compensation awardsawards (“Incentive Compensation Awards”); providedprovided that, that beginning in calendar year 2006, the Executive will be eligible to receive an annual bonus for in respect of each fiscal year that ends after the date of the Merger Agreement and before the end of the Period of Employment Company based upon a target bonus of $650,000 not less than seventy five percent (each such bonus75%) of Base Salary, an "Incentive Compensation Award")subject to the attainment by the Company of applicable performance targets established and certified by the Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Affinion Group, Inc.)

Annual Incentive Awards. The Executive will be eligible for discretionary annual incentive compensation awards; provided, provided that the Executive will be eligible to receive an annual bonus for each fiscal year that ends after the date of the Merger Agreement and before the end of Cendant during the Period of Employment based upon a target bonus equal to 100% of $650,000 Base Salary (each such bonus, an "Incentive Compensation Award").

Appears in 1 contract

Samples: Employment Agreement (Cendant Corp)

Annual Incentive Awards. The Executive will be eligible for discretionary annual incentive compensation awards; provided, that the Executive will shall be eligible to receive an annual bonus for each fiscal year that ends after the date of the Merger Agreement and before the end of the Period of Employment based upon a target bonus of $650,000 200,000 (each such bonus, an "Incentive Compensation Award").

Appears in 1 contract

Samples: Agreement (Cuc International Inc /De/)

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