Common use of Bonus Clause in Contracts

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual bonus shall be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal year.

Appears in 3 contracts

Sources: Employment Agreement (Agile Therapeutics Inc), Employment Agreement (Agile Therapeutics Inc), Employment Agreement (Agile Therapeutics Inc)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”)based on the achievement of individual and Company performance objectives. The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual bonus shall will be determined by targeted at 50% of the Board or its Compensation Committee based upon achievement Executive's Base Salary, but will be granted solely at the discretion of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal year.

Appears in 3 contracts

Sources: Employment Agreement (Beacon Power Corp), Employment Agreement (Beacon Power Corp), Employment Agreement (Beacon Power Corp)

Bonus. The In addition to the annual base salary, Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded bonus, provided that certain personal and corporate goals to the Executive and the amount of the annual bonus shall be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established by the BoardCompensation Committee are met or exceeded. The Annual BonusIn the event that Executive is paid a bonus under this Section 5.2 for any period of time less than one (1) year, if awarded to the Executive, 's bonus shall be a pro rata share of the annual bonus. For the avoidance of doubt, the annual bonus may be apportioned between and actually paid within two and one-half (2 ½) months after on the close payrolls of each fiscal yearthe various Post Parties.

Appears in 3 contracts

Sources: Employment Agreement (Post Apartment Homes Lp), Employment Agreement (Post Apartment Homes Lp), Employment Agreement (Post Apartment Homes Lp)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded entitled to the Executive and the amount of the annual bonus shall such bonuses as may be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established authorized by the Board. The Executive’s target bonus will be expressed as a percentage of Annual Salary, provided, however, that Executive’s Annual Bonus, if awarded any, may be below, at, or above the target based upon the achievement of individual and objective Company annual performance criteria established by the Compensation Committee. Any Annual Bonus payable to the Executive, Executive hereunder shall be paid within two and one-half (no later than 2 ½) ½ months after of the close of each fiscal yearyear following the fiscal year with respect to which the bonus is earned.

Appears in 3 contracts

Sources: Employment Agreement (Coldwater Creek Inc), Employment Agreement (Coldwater Creek Inc), Employment Agreement (Coldwater Creek Inc)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 4035% of the Executive’s Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual bonus shall be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal year.

Appears in 2 contracts

Sources: Employment Agreement (Agile Therapeutics Inc), Employment Agreement (Agile Therapeutics Inc)

Bonus. The Executive shall be eligible to receive an for annual bonus (“Annual Bonus”)compensation. The Executive’s Annual Bonus Target target annual bonus shall be 40100% of the Executive’s Base Salary, subject to redetermination by the Board or the Compensation Committee. Whether The annual target bonus in effect at any given time is referred to herein as the bonus will be awarded to the Executive “Target Bonus” and the actual amount of the annual bonus paid in a given year shall be a “Bonus.” The Bonus may be higher or lower than the Target Bonus, as determined by the Board or its the Compensation Committee based upon achievement of such goals that shall Committee. To earn a Bonus, the Executive must be established employed by the Board. The Annual Bonus, if awarded to Company on the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearday such Bonus is paid.

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Bonus. The Executive shall be eligible have the opportunity to receive an annual bonus on such terms and conditions as may be determined from time to time by the Compensation Committee of the Board, provided that Executive’s annual target bonus opportunity (the Annual Target Bonus”). The ) shall be no less than eighty percent of Executive’s Annual Bonus Salary, with a maximum bonus opportunity of no more than two times the Target shall be 40% of the Executive’s Base SalaryBonus. Whether the Any bonus will be awarded paid in the calendar year following the calendar year to which such bonus relates at such time bonuses are paid to the Executive and the amount of the annual bonus shall be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearCompany’s senior executives generally.

Appears in 2 contracts

Sources: Employment Agreement (Herbalife Ltd.), Employment Agreement (Herbalife Ltd.)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded entitled to the Executive and the amount of the annual bonus shall such bonuses as may be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established authorized by the Board. The Executive’s target bonus will be expressed as a percentage of Annual Salary, provided, however, that Executive’s Annual Bonus, if awarded any, may be below, at, or above the target based upon the achievement of individual and objective Company annual performance criteria established by the Compensation Committee. Any Annual Bonus payable to the Executive, Executive hereunder shall be paid within two and one-half (no later than 2 ½) ½ months after following the close of each fiscal yearyear with respect to which the bonus is earned.

Appears in 2 contracts

Sources: Employment Agreement (Coldwater Creek Inc), Employment Agreement (Coldwater Creek Inc)

Bonus. The Executive shall be eligible to receive an for annual bonus (“Annual Bonus”)compensation. The Executive’s Annual Bonus Target target annual bonus shall be 40% of the Executive’s Base Salary, subject to redetermination by the Company. Whether The annual target bonus in effect at any given time is referred to herein as the bonus will be awarded to the Executive “Target Bonus” and the actual amount of the annual bonus paid in a given year shall be a “Bonus.” The Bonus may be higher or lower than the Target Bonus, as determined by the Board or its Compensation Committee based upon achievement of such goals that shall Company. To earn a Bonus, the Executive must be established employed by the Board. The Annual Bonus, if awarded to Company on the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearday such Bonus is paid.

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Bonus. The In addition to the Base Compensation payable to Executive, Executive shall may be eligible to receive awarded an annual bonus (“Annual Bonus”)based on the attainment of certain goals to be set by Employer's Board of Directors. The Executive’s Annual Bonus Target shall Such annual bonus is targeted to be 4050% of the Executive’s 's Base Salary. Whether the bonus will Compensation but may be awarded to the Executive and the amount of the annual bonus shall be determined by the Board more or its Compensation Committee based upon achievement less than 50% of such Base Compensation depending on whether the goals that shall be established set by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearEmployer's Board are exceeded or not met.

Appears in 2 contracts

Sources: Employment Agreement (Canton Oil & Gas Co), Employment Agreement (Canton Oil & Gas Co)

Bonus. The Executive shall be eligible to receive an for annual bonus (“Annual Bonus”)compensation. The Executive’s Annual Bonus Target target annual bonus shall be 40100% of the Executive’s Base Salary, subject to redetermination by the Company. Whether The annual target bonus in effect at any given time is referred to herein as the bonus will be awarded to the Executive “Target Bonus” and the actual amount of the annual bonus paid in a given year shall be a “Bonus.” The Bonus may be higher or lower than the Target Bonus, as determined by the Board or its Compensation Committee based upon achievement of such goals that shall Company. To earn a Bonus, the Executive must be established employed by the Board. The Annual Bonus, if awarded to Company on the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearday such Bonus is paid.

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded entitled to the Executive and the amount of the annual bonus shall such bonuses as may be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established authorized by the Board. The Executive’s target bonus will be expressed as a percentage of Annual Salary, provided, however, that Executive’s Annual Bonus, if awarded to any, may be below, at, or above the Executive, shall be paid within two target based upon the achievement of individual and one-half (2 ½) months after objective Company annual performance criteria established by the close of each fiscal yearCompensation Committee.

Appears in 2 contracts

Sources: Employment Agreement (Coldwater Creek Inc), Employment Agreement (Coldwater Creek Inc)

Bonus. The Executive shall be eligible to receive an for annual bonus (“Annual Bonus”)compensation. The Executive’s Annual Bonus Target target annual bonus shall be 40% of the Executive’s Base Salary, subject to redetermination by the Board or the Compensation Committee. Whether The annual target bonus in effect at any given time is referred to herein as the bonus will be awarded to the Executive “Target Bonus” and the actual amount of the annual bonus paid in a given year shall be a “Bonus.” The Bonus may be higher or lower than the Target Bonus, as determined by the Board or its the Compensation Committee based upon achievement of such goals that shall Committee. To earn a Bonus, the Executive must be established employed by the BoardCompany on the day such Bonus is paid. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal year.ACTIVE/84481365.5

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Bonus. The Executive shall be eligible to receive an for quarterly and annual bonus incentive bonuses (the Annual Bonus”). The ) of sixty percent (60%) of Executive’s Annual Bonus Target shall be 40% of the Executive’s then-current Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual bonus shall be , as determined by the Board or in its Compensation Committee sole discretion based upon achievement of such goals that shall on a bonus plan to be established annually in writing by the Board. The Annual BonusBonus shall be calculated based on performance goals measured at the end of the applicable quarter/year. The Company shall pay the quarterly and annual Bonuses earned hereunder at the time(s) determined by the Company, if awarded but in no event later than March 15 of the calendar year following the year in which Executive’s right to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearBonus arises.

Appears in 2 contracts

Sources: Legal Release of Claims (Evolving Systems Inc), Employment Agreement (Evolving Systems Inc)

Bonus. The Executive shall be eligible to receive an for annual bonus (“Annual Bonus”)compensation. The Executive’s Annual Bonus Target target annual bonus shall be 4050% of the Executive’s Base Salary, subject to redetermination by the Board or the Compensation Committee. Whether The annual target bonus in effect at any given time is referred to herein as the bonus will be awarded to the Executive “Target Bonus” and the actual amount of the annual bonus paid in a given year shall be a “Bonus.” The Bonus may be higher or lower than the Target Bonus, as determined by the Board or its the Compensation Committee based upon achievement of such goals that shall Committee. To earn a Bonus, the Executive must be established employed by the Board. The Annual Bonus, if awarded to Company on the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearday such Bonus is paid.

Appears in 2 contracts

Sources: Employment Agreement (Carbon Black, Inc.), Employment Agreement (Carbon Black, Inc.)

Bonus. The In addition to his Base Salary, Executive shall be eligible entitled to receive an annual participate in the Company's executive bonus (“Annual Bonus”)program. The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual target bonus shall be determined established by the Board or its Compensation Committee Committee, in the discretion of the Board or such Committee, and shall be payable based upon on achievement of such goals that shall be established by specified Company and individual objectives. Executive's target bonus for the Board. The Annual Bonusfiscal year ending September 30, if awarded to the Executive1999 has previously been set at $180,000, shall be paid within two and one-half (2 ½) months after the close with a maximum bonus of each fiscal year$450,000.

Appears in 2 contracts

Sources: Employment Agreement (Gartner Group Inc), Employment Agreement (Gartner Group Inc)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 4045% of the Executive’s Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual bonus shall be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal year.

Appears in 2 contracts

Sources: Employment Agreement (Agile Therapeutics Inc), Employment Agreement (Agile Therapeutics Inc)

Bonus. The Executive shall be eligible to receive an annual target bonus (“Annual Bonus”). The equal to forty percent of Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded to the Executive and base salary, the amount of the annual such bonus shall to be determined by and paid in accordance with Charter’s Executive Bonus Policy, consistent with past practices. Executive shall also be eligible to be considered for additional bonuses at the Board or its Compensation Committee based upon achievement discretion of such goals that shall be established by the Board. The Annual Bonus, if awarded With respect to the Executiveyear ended December 31, 2001, Executive shall be paid within two and one-half (2 ½) months after the close a bonus of each fiscal year$120,000 by January 15, 2002.

Appears in 2 contracts

Sources: Employment Agreement (Charter Communications Inc /Mo/), Employment Agreement (Charter Communications Inc /Mo/)

Bonus. The Executive shall be eligible entitled to receive an annual a target bonus equivalent to twenty five percent (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% 25%) of the Executive’s Base SalarySalary (the “Bonus), prorated based on start date. Whether Bonus shall be awarded, if at all, at the bonus will discretion of the Board based upon metrics to be awarded to the mutually agreed upon by Executive and the amount of the annual bonus Chief Executive Officer. The Bonus shall be determined by at the Board or its Compensation Committee based upon achievement conclusion of such goals that the calendar year and shall be established by the Board. The Annual Bonuspaid, if awarded at all, no later than March 31 of the year following the year to which the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearBonus relates.

Appears in 1 contract

Sources: Employment Agreement (Vascular Biogenics Ltd.)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 4060% of the Executive’s Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual bonus shall be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal year.

Appears in 1 contract

Sources: Employment Agreement (Agile Therapeutics Inc)

Bonus. The Executive shall be eligible to receive an annual bonus in accordance with Company bonus policy to be established by the Board of Directors from time to time (the “Annual Bonus”). The ExecutiveAnnual Bonus, if any, will be determined by the Board based upon the Company’s annual achievement of financial performance goals and other annual objectives as determined by the Board in good faith for each fiscal year of the Company. For 2010, Executive will receive a one-time bonus of $240,000, paid by March 15, 2011. For subsequent years, the Annual Bonus Target shall target as a percentage of then-current Annual Base Salary, may be 40adjusted, but may not be less than 60% of the Executive’s then-current Annual Base Salary. Whether the bonus will be awarded to the Executive and the amount Salary upon 100% achievement of the annual bonus shall be determined by objectives as set out in the Board or its Compensation Committee based upon achievement of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearCompany’s Executive Bonus Plan.

Appears in 1 contract

Sources: Executive Employment Agreement (Rosetta Stone Inc)

Bonus. The In addition to the Base Salary, the Executive shall be eligible entitled to receive an annual performance bonus (“Annual the "Bonus"). The Executive’s Annual amount of the Bonus Target shall be 40targeted at 25% of the Executive’s Base Salary. Whether Salary (the bonus will be awarded to the Executive and "Targeted Bonus"), provided, however, that the amount of the annual bonus shall Bonus may be determined by increased or decreased at the discretion of the Board or its the Compensation Committee based upon achievement of such goals that shall be established by the BoardCommittee. The Annual Bonus, if awarded to the Executive, Each Bonus shall be paid within two and one-half (2 ½) months after no later than the close end of each the third month of the fiscal yearyear next following the fiscal year for which the Bonus is awarded, unless the Executive shall elect to defer the receipt of such Bonus.

Appears in 1 contract

Sources: Employment Agreement (Remington Oil & Gas Corp)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded entitled to the Executive and the amount of the annual bonus shall such bonuses as may be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established authorized by the Board. The Executive’s target bonus amount, when expressed as a percentage of Annual Salary, will be no less than the target amount that was applicable for fiscal year 2007, provided, however, that Executive’s Annual Bonus, if awarded any, may be below, at, or above the target based upon the achievement of individual and objective Company annual performance criteria established by the Compensation Committee. Any Annual Bonus payable to the Executive, Executive hereunder shall be paid within two and one-half (no later than 2 ½) ½ months after of the close of each fiscal yearyear following the fiscal year with respect to which the bonus is earned.

Appears in 1 contract

Sources: Employment Agreement (Coldwater Creek Inc)

Bonus. The In addition to the Base Salary, the Executive shall be eligible to receive an annual performance bonus (“Annual the "Bonus"). The Executive’s Annual amount of the Bonus Target shall be 40targeted at 50% of the Executive’s Base Salary. Whether the bonus will be awarded to the Executive and , provided, however, that the amount of the annual bonus shall Bonus may be determined by increased or decreased at the discretion of the Board or its the Compensation Committee based upon achievement of such goals that shall be established by the Board. The Annual Bonus, if awarded to following consultation with the Executive, . Each Bonus shall be paid within two and one-half (2 ½) months after no later than the close end of each the third month of the fiscal yearyear next following the fiscal year for which the Bonus is awarded, unless the Executive shall elect to defer the receipt of such Bonus.

Appears in 1 contract

Sources: Employment Agreement (Remington Oil & Gas Corp)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded in an amount to the Executive and the amount of the annual bonus shall be determined by the Board or its Compensation Committee based upon achievement Board. Executive’s annual target bonus shall be up to 50% of Executive’s Annual Salary, subject to the attainment of such goals that as the Board or Compensation Committee shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearestablish.

Appears in 1 contract

Sources: Executive Employment Agreement (Patriot National, Inc.)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall target annual bonus will be 40equal to 100% of the Executive’s Base Salary. Whether annual base salary and the Executive shall participate in the Corporation’s annual bonus will be awarded plan for senior executive officers, with the payment of any bonus being subject to the Executive and the amount achievement of the annual bonus shall be determined performance criteria established by the Board of Directors or its Compensation Committee and within the discretion of the Board of Directors, based upon achievement on recommendations of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearCompensation Committee.

Appears in 1 contract

Sources: Employment Agreement (Cedar Realty Trust, Inc.)

Bonus. The In addition to the Base Salary, the Executive shall be eligible entitled to receive an annual performance bonus (“Annual the "Bonus"). The Executive’s Annual amount of the Bonus Target shall be 40targeted at 35% of the Executive’s Base Salary. Whether Salary (the bonus will be awarded to the Executive and "Targeted Bonus"), provided, however, that the amount of the annual bonus shall Bonus may be determined by increased or decreased at the discretion of the Board or its the Compensation Committee based upon achievement of such goals that shall be established by the BoardCommittee. The Annual Bonus, if awarded to the Executive, Each Bonus shall be paid within two and one-half (2 ½) months after no later than the close end of each the third month of the fiscal yearyear next following the fiscal year for which the Bonus is awarded, unless the Executive shall elect to defer the receipt of such Bonus.

Appears in 1 contract

Sources: Employment Agreement (Remington Oil & Gas Corp)

Bonus. The Executive shall will be eligible to receive an annual a target bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40of up to 60% of his base salary per year in the Executiveevent the Board or the Company’s Base Salary. Whether the bonus will be awarded to the Compensation Committee determines in its sole discretion that Executive and the amount of Company have achieved the annual bonus shall be determined performance objectives as set by the Board. This bonus may be increased up to 90% of Executive’s base salary per year in the event the Board or its Compensation Committee based upon achievement of such goals determines that shall be Executive and the Company have substantially exceeded the performance objectives established by the Board, in a manner consistent with market practices. The Annual BonusBoard or Compensation Committee will have the sole discretion to determine whether such bonuses are earned and, if awarded so, the amount of any such bonus. Any bonuses provided to the Executive, shall Executive will be paid within two subject to required deductions and one-half (2 ½) months after the close of each fiscal yearwithholdings.

Appears in 1 contract

Sources: Employment Agreement (Leadis Technology Inc)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded entitled to the Executive and the amount of the annual bonus shall such bonuses as may be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established authorized by the Board. The Executive’s target bonus amount, when expressed as a percentage of Annual Salary, will be no less than the target amount that was applicable for fiscal year 2006, provided, however, that Executive’s Annual Bonus, if awarded to any, may be below, at, or above the Executive, shall be paid within two target based upon the achievement of individual and one-half (2 ½) months after objective Company annual performance criteria established by the close of each fiscal yearCompensation Committee.

Appears in 1 contract

Sources: Employment Agreement (Coldwater Creek Inc)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded entitled to the Executive and the amount of the annual bonus shall such bonuses as may be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established authorized by the Board. The Executive’s target bonus amount, when expressed as a percentage of Annual Salary, will be no less than the target amount that was applicable for fiscal year 2007, provided, however, that Executive’s Annual Bonus, if awarded to any, may be below, at, or above the Executive, shall be paid within two target based upon the achievement of individual and one-half (2 ½) months after objective Company annual performance criteria established by the close of each fiscal yearCompensation Committee.

Appears in 1 contract

Sources: Employment Agreement (Coldwater Creek Inc)

Bonus. The Executive shall be eligible to receive an for annual bonus (“Annual Bonus”)compensation. The Executive’s Annual Bonus Target target annual bonus shall be 4055% of the Executive’s Base Salary, subject to redetermination by the Board or the Compensation Committee. Whether The annual target bonus in effect at any given time is referred to herein as the bonus will be awarded to the Executive “Target Bonus” and the actual amount of the annual bonus paid in a given year shall be a “Bonus.” The Bonus may be higher or lower than the Target Bonus, as determined by the Board or its the Compensation Committee based upon achievement of such goals that shall Committee. To earn a Bonus, the Executive must be established employed by the Board. The Annual Bonus, if awarded to Company on the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearday such Bonus is paid.

Appears in 1 contract

Sources: Employment Agreement (Carbon Black, Inc.)

Bonus. The Executive Executive’s annual bonus, if granted, shall be eligible to receive an annual bonus (“Annual Bonus”). The at a target level of not less than 45% of Executive’s Annual Bonus Target shall be 40% of the then current base salary. Executive’s Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual bonus shall be determined based on the attainment of certain goals and initiatives approved by the Board or its CEO and, as applicable, the Compensation Committee based upon achievement of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearCommittee.

Appears in 1 contract

Sources: Key Employee Agreement (Watson Pharmaceuticals Inc)

Bonus. The Executive shall be eligible for a bonus of up to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 4035% of the ----- Executive’s 's Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual bonus shall be determined by the Board or its Compensation Committee based upon achievement of such financial goals that shall be established as determined by the Board. The Annual Bonus, if awarded to the Executive, All bonuses shall be paid within two in accordance with standard Company policies. The bonus period shall begin with the Company's 1998 fiscal year and one-half (2 ½) months after the close of each 1998 fiscal yearyear bonus shall be payable in April, 1999 and based on Executive's 1998 fiscal year salary.

Appears in 1 contract

Sources: Employment Agreement (Cost Plus Inc/Ca/)

Bonus. The In addition to the Base Salary, the Executive shall be eligible entitled to receive an annual performance bonus (“Annual the "Bonus"). The Executive’s Annual amount of the Bonus Target shall be 40targeted at 20% of the Executive’s Base Salary. Whether Salary (the bonus will be awarded to the Executive and "Targeted Bonus"), provided, however, that the amount of the annual bonus shall Bonus may be determined by increased or decreased at the discretion of the Board or its the Compensation Committee based upon achievement of such goals that shall be established by the BoardCommittee. The Annual Bonus, if awarded to the Executive, Each Bonus shall be paid within two and one-half (2 ½) months after no later than the close end of each the third month of the fiscal yearyear next following the fiscal year for which the Bonus is awarded, unless the Executive shall elect to defer the receipt of such Bonus.

Appears in 1 contract

Sources: Employment Agreement (Remington Oil & Gas Corp)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded entitled to the Executive and the amount of the annual bonus shall such bonuses as may be determined by the Board or its Compensation Committee based upon achievement of such goals that shall be established authorized by the Board. The Executive’s target bonus amount, when expressed as a percentage of Annual Salary, will be no less than the target amount that was applicable for fiscal year 2006, provided, however, that Executive’s Annual Bonus, if awarded any, may be below, at, or above the target based upon the achievement of individual and objective Company annual performance criteria established by the Compensation Committee. Any Annual Bonus payable to the Executive, Executive hereunder shall be paid within two and one-half (no later than 2 ½) ½ months after of the close of each fiscal yearyear following the fiscal year with respect to which the bonus is earned.

Appears in 1 contract

Sources: Employment Agreement (Coldwater Creek Inc)

Bonus. The Executive shall be eligible to receive for an annual bonus with a target amount equal to 100% of Executive’s Base Salary pursuant to the annual incentive program under the Company’s 2008 Omnibus Incentive Plan (“Annual BonusPlan”). Executive’s eligibility for the bonus and the amount thereof shall be based on the achievement of performance measures set by the Board of Directors. The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the target bonus percentage will be awarded to the Executive and the amount of the annual bonus shall be determined reviewed by the Board or at least annually for its Compensation Committee based upon achievement competitiveness and in light of such goals that shall be established any new responsibilities assumed by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal year.

Appears in 1 contract

Sources: Executive Employment Agreement (Dana Holding Corp)

Bonus. The Executive’s annual bonus, if granted, shall be at a target level of not less than 40% of Executive’s then current base salary. Executive’s annual bonus shall be based on the attainment of certain goals and initiatives approved by the CEO and, as applicable, the Compensation Committee. Additionally, for calendar year 2007, Executive shall be eligible for an additional special performance bonus of up to receive an annual bonus (“Annual Bonus”)$70,000. The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded to the Executive and the amount of the annual Such special performance bonus shall be determined based on Executive’s achievement of certain specific goals during the 2007 calendar year as set by the Board or its CEO and the Compensation Committee based upon achievement of such goals that shall be established by the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearCommittee.

Appears in 1 contract

Sources: Key Employee Agreement (Watson Pharmaceuticals Inc)

Bonus. The Executive shall be eligible to receive an annual bonus (“Annual Bonus”). The Executive’s Annual Bonus Target shall be 40% of the Executive’s Base Salary. Whether the bonus will be awarded in an amount to the Executive and the amount of the annual bonus shall be determined by the Board or its Compensation Committee based upon achievement Board. Executive’s annual target bonus shall be up to 50% of Executive’s Annual Salary, subject to the attainment of such goals that shall be established by as the Board. The Annual Bonus, if awarded to the Executive, shall be paid within two and one-half (2 ½) months after the close of each fiscal yearBoard or Compensation Committee may establish.

Appears in 1 contract

Sources: Executive Employment Agreement (Patriot National, Inc.)