Reward Amount Sample Clauses

Reward Amount. With unanimous consent though negotiations, Yufu Group shall pay RMB800 million to the Company.
Sample 1
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Reward Amount. With respect to each Budget Period in which PSC's performance of the Services meets or exceeds the standards which have been mutually established for a Performance Metric, SBC will pay to PSC an amount, as determined hereunder by the SBC Operational Manager, not to exceed the Reward Pool for that Budget Period; provided, however, that the maximum additional amount that SBC is obligated to pay to PSC pursuant to this Section 4 in any one Budget Period with respect to all Performance Metrics shall not exceed, in the aggregate, the Reward Pool for that Budget Period.
Sample 1
Reward Amount. With respect to each period (quarterly or annual, as applicable pursuant to Section 5(c) of the EPI Agreement) in which PSC's performance of the Services meets or exceeds the standards which have been mutually established for a Performance Metric, SBC will pay to PSC an amount equal to the product of (i) the Reward Percentage for that Performance Metric, multiplied by (ii) the Reward Pool for that Budget Period or a quarter thereof, as applicable; provided, however, that the maximum additional amount that SBC is obligated to pay to PSC pursuant to this Section 4 in any one Budget Period or a quarter thereof, as applicable, with respect to all Performance Metrics shall not exceed, in the aggregate, the Reward Pool for that Budget Period or a quarter thereof, as applicable.
Sample 1

Related to Reward Amount

  • 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.

  • 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.

  • 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.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 55 to 59 100% 60 80% 61 60% 62 40% 63 20% 64 0%

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • 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.

  • 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.

  • Cash Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual cash incentive compensation shall be 40 percent of the Executive’s Base Salary. Except as otherwise provided herein, to earn cash incentive compensation, the Executive must be employed by the Company on the day such cash incentive compensation is paid.

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