Project Bonus Sample Clauses

The Project Bonus clause establishes the conditions under which additional compensation is awarded for achieving specific project milestones or completing the project ahead of schedule. Typically, this clause outlines the criteria for earning the bonus, such as meeting deadlines, exceeding performance targets, or delivering exceptional quality, and specifies the amount or method of calculating the bonus. Its core practical function is to incentivize superior performance and timely completion, motivating parties to exceed baseline contractual obligations.
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Project Bonus. Upon successful and timely completion of integration milestones you will also be eligible to receive a one time bonus in the amount of 30% of your annual base salary, in accordance with the Project Completion Bonus Incentive guidelines.
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Project Bonus. Executive shall be entitled to a bonus in the amount of $40,000 U.S. provided that (i) the Company files all required 2017 Form 10-Qs with the Securities and Exchange Commission by December 15, 2017, (ii) the Company files its 2017 Form 10-K with the Securities and Exchange Commission by March 31, 2018, and (iii) Executive remains continuously employed by the Company through March 31, 2018 (the “Project Bonus”). The Project Bonus, if earned, shall be paid to Executive in cash during April, 2018.
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Project Bonus. In addition, the Company will pay the Executive a bonus of 20% of Base Rate in effect at the time of occurrence for each signed contract with $25 million of more revenue. The Project Bonus will be payable in cash or in the Company’s Common Stock, valued and issued on the date of the closing of the Project and prior to any public announcement of same, or any combination thereof at the sole discretion of the Executive.
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Project Bonus. During your employment with the Company, in addition to the Base Salary and Annual Bonus set forth above, you will be eligible to receive “Project Bonuses” as set forth on Exhibit A attached hereto.
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Project Bonus. Upon successful and timely completion of your assignment you will also be eligible to receive a one time bonus in the amount of 30% of your annual base salary.
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Project Bonus. ▇▇▇▇▇ will receive a lump sum project bonus of $25,000 for his full time availability and assistance in closing, reconciling, and preparing the Quarterly Financials for Q3 of Fiscal Year 2013, and providing assistance as needed to the Senior Vice President and CFO and/or the CEO in the preparation of the Q3 FY13 Earnings Release statement. Payment is at the discretion of the CEO and will be commensurate with satisfactory completion of deliverables.
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Project Bonus. Consultant/Employee shall receive a further stock bonus of 250,000 shares of restricted common stock upon completion of milestones one (1) through four (4) above upon the condition that such milestone accomplishments of the Company are so reflected in the Company's stock reaching $5.00 or above for period of 120 days.
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Project Bonus. At the time of contract signing by all parties to any energy services agreement; power purchase agreement; build, own, operate and transfer agreement; or other similar or related agreement or agreements, where such agreement, or such agreements in the aggregate, provide for $25 million or more in revenue to the Company, the Company will pay the Executive a cash bonus equal to 100% of the Executive’s Salary in effect at the time of such signing plus 250,000 shares of the Company’s Common Stock.
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Related to Project Bonus

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Target Bonus “Target Bonus” shall mean Employee’s annual bonus, assuming 100% “on target” satisfaction of any objective or subjective performance milestones.

  • Cash Bonus Executive shall be entitled to a fraction of any Cash Bonus for the fiscal year of the Company within which Executive’s termination of employment occurs which, based upon the criteria established for such Cash Bonus, would have been payable to Executive had he remained employed through the date of payment, the numerator of which is the number of days of such fiscal year prior to his termination of employment and the denominator of which is three hundred and sixty-five (365);

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.