Common use of Incentive Bonus Clause in Contracts

Incentive Bonus. During the Employment Period, the Executive may receive a performance bonus of up to ninety (90%) percent of the Salary, as determined by the Compensation Committee of the Company in its sole discretion. The incentive bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earned.

Appears in 2 contracts

Samples: Employment Agreement (Be Aerospace Inc), Employment Agreement (Be Aerospace Inc)

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Incentive Bonus. During the Employment Period, the Executive may receive a performance bonus of up to ninety seventy-five percent (9075%) percent of the Salary, Salary (the Target Bonus) as determined by the Compensation Committee of the Company in its sole discretion. The incentive bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earned.

Appears in 2 contracts

Samples: Employment Agreement (KLX Energy Services Holdings, Inc.), Employment Agreement (KLX Energy Services Holdings, Inc.)

Incentive Bonus. During the Employment PeriodTerm, the Executive may shall be eligible to receive a an incentive performance bonus of up to ninety (90%) percent 75% of the SalarySalary (the “Target Bonus”) in accordance with the Company’s executive bonus plan then in effect, as determined by the Compensation Committee at the end of the Company applicable fiscal year in its sole discretion. The incentive bonus bonus, if any, shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earnedthe Executive earned such bonus.

Appears in 2 contracts

Samples: Employment Agreement (KLX Inc.), Amended And (KLX Inc.)

Incentive Bonus. During the Employment PeriodTerm, the Executive may receive a an incentive performance bonus of up to ninety (90%) percent of in accordance with the SalaryCompany’s executive bonus plan then in effect, as determined by the Compensation Committee of the Company in its sole discretion. The incentive bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earned.

Appears in 2 contracts

Samples: Employment Agreement (Be Aerospace Inc), Employment Agreement (Be Aerospace Inc)

Incentive Bonus. During the Employment PeriodTerm, the Executive may shall be eligible to receive a an incentive performance bonus of up to ninety (90%) percent % of the SalarySalary (the “Bonus”) in accordance with the Company’s executive bonus plan then in effect, as determined by the Compensation Committee at the end of the Company applicable fiscal year in its sole discretion. The incentive bonus Bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earnedthe Executive earned such Bonus.

Appears in 2 contracts

Samples: Employment Agreement (Be Aerospace Inc), Employment Agreement (Be Aerospace Inc)

Incentive Bonus. During the Employment PeriodTerm, the Executive may shall be eligible to receive a an incentive target performance bonus of up to ninety (90%the “Bonus”) percent of in accordance with the SalaryCompany’s executive bonus plan then in effect, as determined by the Compensation Committee at the end of the Company in its sole discretionapplicable fiscal year. The incentive bonus Bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earnedthe Executive earned such Bonus.

Appears in 1 contract

Samples: Death Benefit Agreement (B/E Aerospace Inc)

Incentive Bonus. During the Employment PeriodTerm, Executive will be eligible to receive an incentive bonus (the Executive may receive a performance bonus "Bonus") of up to ninety (90%) percent 120% of the Salary, Salary for each fiscal year or portion thereof during which Executive has been employed hereunder as determined by the Compensation Committee at the end of the Company applicable fiscal year in its sole discretion. The incentive bonus Bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in respect of which it is earnedExecutive earned the Bonus.

Appears in 1 contract

Samples: Employment Agreement (Be Aerospace Inc)

Incentive Bonus. During the Employment Period, the Executive may receive a an incentive performance bonus of up in accordance with the Company’s executive bonus plan then in effect from time to ninety (90%) percent of the Salarytime, as determined by the Compensation Committee of the Company in its sole discretion. The incentive bonus shall be paid in accordance with Company policy, policy but in no event later than March 15th of the year following the year in which it is earnedshall accrue.

Appears in 1 contract

Samples: Employment Agreement (Be Aerospace Inc)

Incentive Bonus. During the Employment Period, the Executive may receive a performance bonus of up to ninety sixty (9060%) percent of the Salarypercent, as determined by the Compensation Committee of the Company in its sole discretion. The incentive bonus shall be paid in accordance with Company policy, policy but in no event later than March 15th of the year following the year in which it is earned.

Appears in 1 contract

Samples: Employment Agreement (Be Aerospace Inc)

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Incentive Bonus. During the Employment PeriodTerm, the Executive may shall be eligible to receive a an incentive performance bonus of up to ninety (90%the “Bonus”) percent of in accordance with the SalaryCompany’s executive bonus plan then in effect, as determined by the Compensation Committee at the end of the Company applicable fiscal year in its sole discretion. The incentive bonus Bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earnedthe Executive earned such Bonus.

Appears in 1 contract

Samples: Employment Agreement (Be Aerospace Inc)

Incentive Bonus. During the Employment PeriodTerm, the Executive may shall be eligible to receive a an incentive performance bonus of up to ninety (90%the "Bonus") percent of in accordance with the SalaryCompany's executive bonus plan then in effect, as determined by the Compensation Committee at the end of the Company applicable fiscal year in its sole discretion. The incentive bonus Bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earnedthe Executive earned such Bonus.

Appears in 1 contract

Samples: Employment Agreement (B/E Aerospace Inc)

Incentive Bonus. During the Employment PeriodTerm, the Executive may shall be eligible to receive a an incentive performance bonus of from 0% up to ninety (90%) percent % of the SalarySalary (the “Bonus”) in accordance with the Company’s bonus plan applicable to similarly situated employees then in effect, as determined by the Compensation Committee of the Company in its sole discretiondiscretion at the end of the applicable fiscal year. The incentive bonus Bonus, if earned, shall be paid in accordance with Company policypolicy then in effect, but in no event later than March 15th of the year following the year in which it the Executive earned such Bonus. Executive must be an employee of the Company at the time the Bonus is earnedto be paid to be eligible to receive it.

Appears in 1 contract

Samples: Employment Agreement (B/E Aerospace Inc)

Incentive Bonus. During the Employment Period, the Executive may receive a performance bonus of up to ninety seventy-five percent (9075%) percent of the Salary, Salary (the “Target Bonus”) as determined by the Compensation Committee of the Company in its sole discretion. The incentive bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earned.

Appears in 1 contract

Samples: Employment Agreement (KLX Energy Services Holdings, Inc.)

Incentive Bonus. During the Employment PeriodTerm, the Executive may shall be eligible to receive a an incentive performance bonus of up to ninety (90%) percent 80% of the SalarySalary (the “Bonus”) in accordance with the Company’s executive bonus plan then in effect, as determined by the Compensation Committee at the end of the Company applicable fiscal year in its sole discretion. The incentive bonus Bonus shall be paid in accordance with Company policy, but in no event later than March 15th of the year following the year in which it is earnedthe Executive earned such Bonus.

Appears in 1 contract

Samples: Employment Agreement (Be Aerospace Inc)

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