5% Bonus definition

5% Bonus means an amount equal to 5% of the 5% Bonus Base as of December 31 of a 5% Bonus Year. The 5% Bonus is subject to Quarterly Proration for (i) the calendar year in which Income Class Units are first allocated to the Contract, and (ii) in respect of any portion of the 5% Bonus Base that was an LWA Base Addition during that 5% Bonus Year, calculated as of the date of such first allocation or LWA Base Addition (as applicable);
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5% Bonus means a bonus amount as described in Section 15.8; and
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5% Bonus means an AUD$5 bonus from us credited to your Membership, only provided if your Membership Application is accepted by us before 11.59pm (AEST) on 12 September 2017.
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Examples of 5% Bonus in a sentence

  • Bonuses are rewarded after the offering closes by ▇▇▇▇▇▇.▇▇ LLC and are as follows: Invest $2,500+ and receive 5% Bonus Shares.

  • For illustration purpose only, in the event a Trader executed during a calendar month a total of 5 transactions, and from each transaction the Company actually collected and was paid a Spread equal to US$1, US$2, US$4, US$6 and US$7, respectively, and during such calendar month the Company gave such Trader a $5 Bonus, the Gross Revenue of such Trader during such calendar month shall be (1+2+4+6+7-5) = US$15.

  • Employee will not receive any compensation other than the Base Salary except as set forth in Section 5 (Bonus) and Section 6 (Employee Benefits).

  • The undersigned understands that API may instruct its transfer agent to withhold the transfer of any Shares disposed of by the undersigned in a manner inconsistent with this letter.

  • If a new high Grand Prize is not won in a drawing, the prize money allocated for the Match 5 Bonus Prizes shall roll over and be added to the Match 5 Bonus Prize pool for the following drawing.

  • Additions Each time that you make a subsequent Deposit to Income Class Units or reclassify Investment Class Units or Estate Class Units to Income Class Units, we will add an amount (the “LWA base Addition”) to the LWA Base and to the 5% Bonus Base.

  • Employee will not receive any compensation other than the Base Salary except as specifically set forth in Section 5, Bonus and Section 6, Employee Benefits.

  • For purposes of this Agreement, a “Pro Rata Bonus” shall be equal to the amount calculated by: multiplying the 5% Bonus Formula by a fraction, the numerator of which is the number of months in such quarter in which the Date of Termination occurs, and the denominator of which is 3.

  • By way of example, if the Company is sold for net proceeds of ninety million dollars and generated a TTM EBITDA (as defined above) of seventeen million dollars ($17,000,000), the Executive will be paid a 5% Bonus of $250,000 and a 22.5% Bonus of $3,825,000 for a total Sale Bonus of $4,075,000.

  • The bonus payments for Junior and Standard Employees are: Type Day Bonus Rate Night Bonus Rate Junior Employee Nil Nil Standard Employee (Basic Rate) Nil Nil Standard Employee (Intermediate Rate) 1 Nil Standard Employee (Advanced Rate) 3.5 2.5 Standard Employee (Expert Rate) 6 5 Bonus payments are to reward employees who do the right thing and go beyond the bare minimum.

Related to 5% Bonus

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.