Fiscal Year 2015 Bonus Sample Clauses
Fiscal Year 2015 Bonus. The Company will pay to you a bonus in respect of the 2015 fiscal year on or prior to December 31, 2015, with the amount of such bonus being determined based on actual performance in accordance with your Employment Agreement and the Company’s Short Term Performance Incentive Plan.
Fiscal Year 2015 Bonus. If Executive remains employed by the Company through October 25, 2015 (the last day of the Company’s Fiscal Year 2015), Executive will remain eligible to receive a Fiscal Year 2015 bonus under the Company’s Senior Executive Bonus Plan (the “SEBP”) in accordance with its terms. Any bonus payable under the SEBP will be payable at the time(s) provided under, and in accordance with the terms of, the SEBP. Management will recommend to the Committee (as defined in the SEBP) that, subject to funding of the bonus pool based on achievement of applicable Company performance goals, Executive be awarded a bonus under the SEBP assuming a 1.0 multiplier for his individual performance goals. However, Executive acknowledges and agrees that pursuant to the terms of the SEBP, the Committee retains discretion to determine the amount of any bonuses under the SEBP in accordance with its terms. Executive will not be eligible for any bonus or incentive payment other than as described in this Section 3, and Executive acknowledges that he will not participate in the SEBP for Fiscal Year 2016.
Fiscal Year 2015 Bonus. Except for the payments and rights set forth in this Agreement, Executive acknowledges and agrees that he is not eligible for any other amounts, including, without limitation, bonus compensation for the fiscal year 2015.