Common use of Direct Compensation Clause in Contracts

Direct Compensation. The amounts of the annual cash performance bonus, the Annual Executive Incentive Awards and the Service Company Term Awards payable by each Service Company directly to Executive pursuant to Section 2.5(b) of this Agreement shall be determined as follows: · Annual Cash Performance Bonus. Executive’s aggregate target annual cash performance bonus amount of $17 million (“Aggregate Annual Target Cash Bonus”) is allocated to each Service Company based on its respective Executive Percentage and may be made subject to the achievement of one or more performance metrics as described in Section 4.3 of the Executive Employment Agreement;

Appears in 4 contracts

Samples: Services Agreement (Liberty TripAdvisor Holdings, Inc.), Services Agreement (Liberty Media Corp), Services Agreement (Liberty Broadband Corp)

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