Calculation of Bonus. Subject to the further adjustments, limitations and additions provided for in the Plan and this Agreement, Executive’s bonus for the fiscal year shall be computed as set forth on Exhibit 2 attached hereto.
Calculation of Bonus. For purposes of Section 4.1(b) and Section 4.2(b) above, the pro-rated portion of the Annual Bonus referenced in such sections shall be determined by multiplying such Annual Bonus by a fraction, the numerator of which shall be the number of days during such fiscal year that Executive was employed and the denominator of which shall be 365.
Calculation of Bonus. Subject to the further adjustments, limitations and additions provided for in the Plan and this Agreement, Executive’s bonus under this Agreement shall be equal to the product of: (i) Executive’s MIP Salary; and (B) the Table B Percentage. Notwithstanding the foregoing, Executive will be entitled to a bonus under this Agreement only if the Company achieves an Increase in Earnings per Share of at least four percent (4%) for the Plan Year and a 3-Year Average Return on Capital of at least ten percent (10%) for the three fiscal years ending with the Plan Year.
Calculation of Bonus. (a) Notwithstanding anything to the contrary contained herein, and subject to the further adjustments and limitations provided for in the Plan and Section 1(c) of this Agreement, the bonus Executive may earn under this Agreement shall equal up to ___ percent (____%) of two percent (2%) of the Company’s Net Earnings for the Plan Year (the “Maximum Bonus”). “
Calculation of Bonus. If Net After-Tax Profits for a fiscal year exceed Base Profits for such fiscal year, the Executive shall receive an Additional Incentive Bonus equal to the Applicable Percentage set forth in the table below multiplied by the difference between actual Net After-Tax Profits and Base Profits. Net After-Tax Profits (percent of gross revenues) Applicable Percentage --------------------------- --------------------- greater than 5%, but less than 1.0% or equal to 6% greater than 6%, but less than 1.5% or equal to 7% greater than 7% 2.0%
Calculation of Bonus. If the Company's gross revenues for any year during the term exceed the Company's gross revenues for the previous year, the Company shall pay Frame a Revenue Increase Bonus equal to 1.0% of the difference between the gross revenues for such year and the gross revenues for the previous year. For purposes of calculation of the Revenue Increase Bonus only, gross revenues for a particular year will not include revenues attributable to mergers or acquisitions in the year of such merger or acquisition, unless such year is the final year of the Term. In addition, gross revenues for the Company for the year ended December 31, 1996 shall be deemed to be $90,915,000. 2 2.2
Calculation of Bonus. Based upon the evaluation of the Management Team and Executive with respect to achievement of the Performance Goals, Executive’s compensation for the Fiscal Year will be adjusted, in the Committee’s sole discretion, as follows:
Calculation of Bonus. Executive shall be entitled to an annual performance bonus ("Performance Bonus") equal to the following: 0 to 10% Return on Average Common Equity (ROACE) - No Bonus Over 10% up to 15% ROACE - 10% on excess up to 15% ROACE Over 15% ROACE - 10% on the first 5% plus 20% on excess over 15% In any year, the Board has the discretion to increase the Bonus award over the level indicated above .
Calculation of Bonus. If the Company's Net After-Tax Profits for any year during the term exceed $800,000, the Company shall pay Frame a Profit Bonus equal to 4.0% of the difference between the Net After- Tax Profits for such year and $800,000.
Calculation of Bonus. Subject to the further adjustments, limitations and additions provided for in the Plan and this Agreement, Executive’s bonus under the Plan for the Plan Year shall be based on a combination of the performance of (a) the Company as a whole (a “Company Performance Bonus”); and (b) one or more Operating Companies as designated by the Plan Committee (an “OpCo Performance Bonus”). Notwithstanding the foregoing, Executive will be entitled to a bonus under this Agreement only if the Company achieves an Increase in Earnings Per Share of at least 6% and a Return on Stockholder’s Equity of at least 14%.
