Bonus Option Sample Clauses

Bonus Option x 1. Not applicable. The Plan’s definition of Compensation excludes bonuses from deferrable Compensation for both Elective Deferrals and ▇▇▇▇ Elective Deferrals. ¨ 2. Not applicable. Participants are not permitted to make a separate deferral election and the Participant’s deferral amount elected on their Salary Deferral Agreement will also apply to any bonus received by the Participant for any Plan Year.
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Bonus Option. [x] 1. Not applicable. The Plan’s definition of Compensation excludes bonuses from deferrable Compensation for both Elective Deferrals and ▇▇▇▇ Elective Deferrals. [ ] 2. Not applicable. Participants are not permitted to make a separate deferral election and the Participant’s deferral amount elected on their Salary Deferral Agreement will also apply to any bonus received by the Participant for any Plan Year. 3. The Employer permits a Participant to amend his or her deferral election to defer to the Plan an amount not to exceed __________% (may be no more than 100%) or $_________ [may be no more than the Code Section 402(g) limit and Code Section 414(v) limit, if applicable] of any bonus received by the Participant for any Plan Year.
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Bonus Option. Bonuses paid by the Employer are included in the definition of Compensation, and the Employer permits a Participant to amend their deferral election to defer to the Plan, an amount not to exceed % or $ of any bonus received by the Participant.
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Bonus Option. 1. If cash bonuses paid by the Employer ARE included in the definition of Compensation, the Employer may permit a Participant to amend their deferral election, on a one-time basis, to defer to the Plan, an amount not to exceed __% or ___$ of any bonus received by the Participant for any Plan Year. NOTE: IF THIS OPTION IS NOT ELECTED, AND CASH BONUSES ARE INCLUDED IN THE DEFINITION OF COMPENSATION, THE PARTICIPANT'S NORMAL DEFERRAL ELECTION PERCENTAGE WILL BE AUTOMATICALLY WITHHELD FROM THE BONUS. IF CASH BONUSES ARE EXCLUDED FROM THE DEFINITION OF COMPENSATION, NO WITHHOLDING WILL BE MADE. [_] E. After-Tax Voluntary Contributions: Participants shall be permitted to make After-Tax Voluntary Contributions in any amount from a minimum of ____ % to a maximum of ____ % of their Compensation OR a flat dollar amount from a minimum of $ ____ to a maximum of $____.
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Bonus Option. In the event a third party introduces a large affiliated group of subscribers to Cognigen that requires the specialized product and service management of InTandem, and Cognigen agrees to pay a gross revenue commission to that third party and sponsoring entity at the level of a super agency, the InTandem Principals shall receive as a separate and additional bonus a 15% share of the total commission payable to the super agency and sponsoring entity by Cognigen. Revenue and net earnings derived from such a group of affiliated subscribers shall be excluded from all revenue and net earnings otherwise used to base bonuses, options, repayment of debt discounts and other compensation payable to InTandem or the Principals.
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Bonus Option. In connection with the commencement of your employment, the Company will recommend that the Board of Directors grant you an additional option to purchase 50,000 shares of the Company's Common Stock ("Bonus Shares") at the market price on the date of grant. The Bonus Shares will vest on the five year anniversary of the vesting commencement date (your Start Date), PROVIDED THAT if you and your department meet certain performance milestones (to be mutually agreed on between the CEO and you) during your first twelve months of employment, up to 20% of the Bonus Shares shall vest on the annual anniversary of the vesting commencement date, and PROVIDED FURTHER that if you and your department meet certain performance milestones (to be mutually agreed on between the Chief Executive Officer and you each subsequent 12 month period of employment) during each subsequent twelve month period of employment, up to an additional 20% of the Bonus Shares shall vest on each such subsequent annual anniversary of the vesting commencement date, such that if the performance milestones for each year are fully met, the option to purchase Bonus Shares shall vest at an accelerated rate of 20% per annum on each annual anniversary of the vesting commencement date (full vesting in five years). Vesting will of course, depend on your continued employment with the Company. The option will be an incentive stock option subject to the terms of the Company's 1997 Stock Plan and the Stock Option Agreement between you and the Company and limits under the tax code.
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Bonus Option o 1. Not applicable. The Plan’s definition of Compensation excludes bonuses. x 2. Not applicable. Participants are not permitted to make a separate deferral election and no amount of their bonus may be deferred into the Plan. o 3. Not applicable. The Participant’s deferral amount elected on his/her Salary Deferral Agreement will also apply to any bonus received by the Participant for any Plan Year. o 4. Bonuses paid by the Employer are included in the definition of Compensation and the Employer permits a Participant to amend his or her deferral election to defer to the Plan, an amount not to exceed % or $ of any bonus received by the Participant for any Plan Year.
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Bonus Option x 1. Not applicable.
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Bonus Option. As a bonus for the services to be provided by Manager to DCI, DCI hereby grants Manager an additional option (the "Bonus Option") to purchase the increase in the NAV of DCI annually. The Bonus Option shall vest and be exercisable at the end of each 12-month period of the Term. The exercise price of the Bonus Option shall be $1 per share, and the amount of shares subject to the Bonus Option each year shall be 15% of the difference between the NAV of DCI for each 12-month period thereof. For example, if the NAV of DCI on the date hereof is $4 million and the NAV of DCI on the 12 month anniversary of the date hereof is $10 milllion, then the Manager shall have the right to purchase 900,000 (15% times $6 million) shares at $1 per share.
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Related to Bonus Option

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Equity Award The Executive will be eligible to receive equity awards, if any, at such times and on such terms and conditions as the Board shall, in its sole discretion, determine.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "▇▇▇") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the ▇▇▇ and Earnings Growth was calculated times the Incentive Award Percentage.

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award.