Bonus Targets Sample Clauses

Bonus Targets. Wasatch Revenue for Period 1 Cash Options for Bonus Common Stock Equal to or greater than $6,000,000 $27,000 10,500 shares Equal to or greater than $5,500,000 but less than $6,000,000 $24,000 10,500 shares Equal to or greater than $5,000,000 but less than $5,500,000 $21,000 10,500 shares Equal to or greater than $4,500,000 but less than $5,000,000 $18,000 9,000 shares Less than $4,500,000 $0 0 shares Wasatch Profit for Period 1 Equal to or greater than $1,200,000 $27,000 10,500 shares Equal to or greater than $1,100,000 but less than $1,200,000 $24,000 10,500 shares Equal to or greater than $1,000,000 but less than $1,100,000 $21,000 10,500 shares Equal to or greater than $900,000 but less than $1,000,000 $18,000 9,000 shares Less than $900,000 $0 0 shares Company Criteria for Period 1 Equal to or greater than $2,500,000 $27,000 9,000 shares Equal to or greater than $2,250,000 but less than $2,500,000 $24,000 9,000 shares Equal to or greater than $2,000,000 but less than $2,250,000 $18,000 9,000 shares Equal to or greater than $1,800,000 but less than $2,000,000 $15,000 7,500 shares Less than $1,800,000 $0 0 shares
Sample 1
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Bonus Targets. To Be Determined
Sample 1Sample 2
Bonus Targets. Bonus potential will be a percentage of the eligible employee’s base salary (excludes all fringe benefits (car allowance, etc.). Bonus Target Positions as % of base CEO 150 % CFO 50 % Corp SVPs 40 % Operations SVPs 40 % Corp VPs 30 % BONUS CRITERIA The bonus program for senior management has two components:
Sample 1
Bonus Targets. For the period of January 1, 1999, through December 31, 1999, the budgetary goals for earnings and asset growth in conjunction with the bonus to be paid to the Executive at the end of the fiscal year shall be the goals heretofore established by the Bank for that period and reflected in Paragraph 3.2 above. For the fiscal years commencing January 1, 2000, and thereafter, the targets to be used shall be established by the Bank Board in consultation with the Executive and shall be computed in accordance with Paragraphs 3.2 and 3.3. Such goals shall be established in the first quarter of each year and shall in all cases reflect earnings and growth goals for the full calendar year.
Sample 1
Bonus Targets. The FY 2004 Executive Team bonus targets at 100% achievement of Plan are: CEO – 100% of base salary Senior Vice President – 80% of base salary Vice President – 60% of base salary General Bonus Plan Rules All Bonus Plan calculations for achievement of Revenue and Operating Plan parameters are net of all profit-sharing and bonus payments. Payouts are funded with 50% of the Operating Profits in excess of 5% of Revenue and profit-sharing payments are a credit against amounts earned under this Plan. Maximum Bonus for achieving Revenue Target is 200%. Maximum Bonus for achieving Operating Profit Target is 200%. Bonus will be paid within 30 days of completion of the annual audit Bonus payouts are based on the participant’s actual base payroll for the bonus year. Employees eligible to receive bonuses must be employees on the date the bonus is paid to receive a bonus. General Provisions The Company reserves the right to change or modify the Bonus Plan at any time with the concurrence of the Board of Directors. EXHIBIT B STOCK OPTION AGREEMENT Notice of Grant of Stock Options and Option Agreement Xxxxxxxx Xxxxxxxxx Option Number: 0000 Xxxxxxx Xx. Xxxx: Xxx Xxxx, XX 00000 Effective January 7, 2004, (the “Grant Date”), you (“Optionee”) have been granted an option to buy 420,000 shares of Common Stock of Electro Scientific Industries, Inc. (the “Company”) at $[ ] per share. This option is intended as an incentive stock option within the meaning of, and to the maximum extent permitted within the $100,000 annual vesting limitation under, Section 422 of the Internal Revenue Code of 1986, as amended. The total option price of this option is $[ ]. Shares in each period will become fully vested on the date shown. Shares Vest Type Full Vest Expiration 105,000 On Vest Date January 7, 2005 January 7, 2014 105,000 On Vest Date January 7, 2006 January 7, 2014 105,000 On Vest Date January 7, 2007 January 7, 2014 105,000 On Vest Date January 7, 2008 January 7, 2014 By your signature and the Company’s signature below, you and the Company agree that this option is granted under and governed by the terms and conditions of the Company’s 2000 Stock Option Incentive Plan, as amended, and the attached Option Terms and Conditions, which are incorporated into and made a part of this agreement. Notwithstanding paragraphs 1.2, 1.3 and 1.5 of the attached Terms & Conditions, Section 9 of the Employment Agreement between Optionee and the Company (the “Employment Agreement”) shall govern the tim...
Sample 1

Related to Bonus Targets

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Annual Performance Bonus In each calendar year of the Term of Employment, Executive shall be eligible to receive an annual incentive bonus (the “Annual Bonus”) payable in cash, pursuant to the performance criteria and targets established and administered by the Board (or a committee of directors to whom such responsibility has been delegated by the Board), with a target Annual Bonus of at least 100% of his Base Salary. The Annual Bonus payable to Executive each year shall be determined and payable as soon as practicable after year-end for such year (but no later than March 15th). The Executive’s cash bonus for the stub period of 2017 will be determined in the reasonable business judgment of the Board or another committee of directors to whom such responsibility has been delegated by the Board. To be entitled to receive any Annual Bonus, except as otherwise provided in Sections 5(c) and 5(d), Executive must remain employed through the last day of the calendar year to which the Annual Bonus relates.

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • Target Bonus For purposes of this Agreement, “Target Bonus” means the assigned bonus target for the Executive under any short-term incentive plan(s) of the Company, multiplied by his or her base salary, for the relevant fiscal year. If the Executive’s base salary is changed during the relevant fiscal year, the Target Bonus shall be calculated by multiplying the Executive’s assigned bonus target by the highest base salary in effect during that fiscal year.

  • Annual Bonus Opportunity Your annual target bonus opportunity following the Effective Date will be 50% of your annual base salary (the “Target Bonus”). The Target Bonus shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. Your actual bonuses shall be based upon achievement of performance objectives to be determined by the Board in its sole and absolute discretion. Bonuses will be paid as soon as practicable after the Board determines that such bonuses have been earned, but in no event will a bonus be paid to you after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which such bonus is earned or (ii) March 15 following the calendar year in which such bonus is earned.

  • Targets a) Seller’s supplier diversity spending target for Work supporting the construction of the Project prior to the Commercial Operation Date is ____ percent (___%) as measured relative to Seller’s total expenditures on construction of the Project prior to the Commercial Operation Date, and;

  • Goals Goals define availability, performance and other objectives of Service provisioning and delivery. Goals do not include remedies and failure to meet any Service Goal does not entitle Customer to a Service credit.

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Goals & Objectives 1. The goal of this Agreement is (INSERT GOAL(S) OF AGREEMENT).

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

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