Common use of Earned Awards Clause in Contracts

Earned Awards. As soon as practicable after the end of the Performance Period, the extent to which the Performance Objectives relating to such Performance Period have been met shall be determined in writing by the Committee. As provided for in the Plan, the maximum Annual Bonus Award which may be awarded to the Participant pursuant to the Plan with respect to any performance period shall not exceed $1,500,000.

Appears in 2 contracts

Sources: Bonus Award Agreement (Apogee Enterprises Inc), Bonus Award Agreement (Apogee Enterprises Inc)