Qualitative Bonus Sample Clauses

Qualitative Bonus. The Qualitative Bonus, if any, shall be in an amount up to 30% of the Employee’s Base Salary (the “Maximum Qualitative Bonus”), with a target Qualitative Bonus in an amount equal to one-half of the Maximum Qualitative Bonus. Commencing with the fiscal year ending February 29, 2012, the Qualitative Bonus amount will be such amount as the Board and the Compensation Committee shall determine in their sole and absolute discretion.
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Qualitative Bonus. After the end of each fiscal year, the Board will determine the amount of the Qualitative Bonus, based on the advice of its Compensation Committee and its subjective assessment of the Employee’s performance over the preceding year. The Qualitative Bonus, if any, will be an amount up to 25% of the Base Salary, as determined from time to time in accordance with the employment contract between the Employee and the Employer.
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Qualitative Bonus. The Qualitative Bonus, if any, shall be in an amount up to 30% of the Executive’s Base Salary (i.e. $127,500), with a target bonus in an amount equal to 15% of the Executive’s Base Salary (i.e. $63,750). The Qualitative Bonus amount will be such amount as the Board and the Compensation Committee shall determine in their sole and absolute discretion. All or any portion of the Qualitative Bonus may be paid in the form of stock compensation in the sole and absolute discretion of the Board and Compensation Committee.
Sample 1
Qualitative Bonus. Subject to the terms and conditions hereof, with respect to fiscal year 2000 of the Company, the Executive will be eligible to receive a bonus based on the satisfaction of certain criteria which will be given to the Executive by the Board of Directors (the "Qualitative Bonus"). The Qualitative Bonus, if earned, for fiscal year 2000 will be paid within sixty (60) days of the end of the fiscal year. With respect to fiscal years of the Company after fiscal year 2000, the Board of Directors of the Company in its sole discretion will determine the amount of the Qualitative Bonus and the conditions which must be satisfied by the Executive for the Executive to be eligible to receive a Qualitative Bonus. Upon the payment of any Qualitative Bonus by the Company to the Executive, the Company will provide to the Executive a written explanation of the factors considered by the Company in awarding the Qualitative Bonus. Notwithstanding any other provision contained in this Agreement, the Executive will only be eligible for a Qualitative Bonus if the Executive is not in breach of this Agreement at the time such Qualitative Bonus is to be paid. In all events, any issues which may arise between the Company and the Executive with respect to the Qualitative Bonus shall be resolved by the Board of Directors of the Company in its sole discretion.
Sample 1
Qualitative Bonus. The Company shall pay to the Executive a qualitative annual bonus (the "Qualitative Bonus") for each calendar year ending during the Employment Term. The maximum amount of the Qualitative Bonus, if any, shall be 25% of the Base Salary for the Executive during the calendar year for which such Qualitative Bonus is paid. Notwithstanding the preceding sentence, the maximum amount of the Qualitative Bonus for the calendar year 1997, if any, shall be 60% of the Base Salary for the Executive during the calendar year 1997. The Qualitative Bonus for each calendar year shall be paid on or before March 31 of the following calendar year. In all other respects, the payment and the amount of the Qualitative Bonus shall be in the discretion of the Compensation Committee or, in the absence of the Compensation Committee, at the discretion of the Board as a whole.
Sample 1

Related to Qualitative Bonus

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

  • Target Bonus For purposes of this Agreement, “Target Bonus” means the assigned bonus target for the Executive under any short-term incentive plan(s) of the Company, multiplied by his or her base salary, for the relevant fiscal year. If the Executive’s base salary is changed during the relevant fiscal year, the Target Bonus shall be calculated by multiplying the Executive’s assigned bonus target by the highest base salary in effect during that fiscal year.

  • Cash Incentive Bonus The pro rata share of any Cash Incentive Bonus that would have been paid to the Executive had the Executive not been terminated Without Cause based on the extent to which performance standards are met on the last day of the year in which the Executive is terminated Without Cause.

  • Performance Metrics The “Performance Metrics” for the Performance Period are: (i) the System Average Interruption Frequency Index (Major Events Excluded) (“XXXXX”); (ii) Arizona Public Service Company’s customer to employee improvement ratio; (iii) the OSHA rate (All Incident Injury Rate); (iv) nuclear capacity factor; and (v) coal capacity factor.

  • Incentive Bonus Compensation The Executive shall be eligible for incentive bonus compensation for each Fiscal Year in an amount to be determined by the Board of Directors or any committee thereof ("INCENTIVE BONUS COMPENSATION").

  • Performance Goals A. The Trust and State Street have developed mutually acceptable performance goals dated March 1, 2011 , and as may be amended from time to time, regarding the manner in which they expect to deliver and receive the services under this Agreement (hereinafter referred to as “Service Level Agreement”). The parties agree that such Service Level Agreement reflects performance goals and any failure to perform in accordance with the provisions thereof shall not be considered a breach of contract that gives rise to contractual or other remedies. It is the intention of the parties that the sole remedy for failure to perform in accordance with the provisions of the Service Level Agreement, or any dispute relating to performance goals set forth in the Service Level Agreement, will be a meeting of the parties to resolve the failure pursuant to the consultation procedure described in Sections V. B. and V.C. below. Notwithstanding the foregoing, the parties hereby acknowledge that any party’s failure (or lack thereof) to meet the provisions of the Service Level Agreement, while not in and of itself a breach of contract giving rise to contractual or other remedies, may factor into the Trust’s reasonably determined belief regarding the standard of care exercised by State Street hereunder.

  • Incentive Bonuses The Employee shall be eligible to be considered for an annual incentive bonus with a target amount equal to 50% of his Base Compensation. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Company's Board of Directors (the "Board") or its Compensation Committee. The determinations of the Board or such Committee with respect to such bonus shall be final and binding.

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