Additional Bonus definition

Additional Bonus means an amount equal to (i) 62.5% of Base Salary if the Date of Termination occurs within the first two calendar years following the Effective Date and (ii) 100% of Base Salary if the Date of Termination is at any time thereafter.

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Additional Bonus see Section 4.3(a).

Additional Bonus means (x) (i) in the case of a Termination _ _ due to death or a Termination due to Disability, the Pro-Rata Retention Bonus, or (ii) in the case of a Termination Without __ Cause or a Termination for Good Reason, the Retention Bonus, and (y) in case of a Termination due to death, a Termination due to _ Disability, a Termination Without Cause or a Termination for Good Reason, the excess, if any, of (i) the amount, if any, of the _ Alternative Bonus that would otherwise be payable to Executive in connection with the Property Casualty Sale pursuant to Paragraph 3(d) over (ii) the amount paid to Executive in respect of __ whichever of the Pro-Rata Retention Bonus or the Retention Bonus is payable to Executive hereunder.

Examples of Additional Bonus in a sentence

• Employee shall also be entitled to receive payment of the Additional Bonus to the extent and in the manner set forth in the Company's Cash Bonus Plan.

• In addition, the Company shall pay to the Executive severance and the Additional Bonus Payment and provide all benefits and grants in accordance with the provisions of Section 6.4(b).

• The Buyer makes no representation or warranty (express or implied) to the Seller Representative, the Sellers or any of their respective Affiliates or Representatives, in respect of the Earn-Out Payment or the Bonus Payments and expresses no opinion as to the value, if any, of the Earn-Out Payment or the Additional Bonus.

• The form and amount of the Additional Bonus shall be at the sole and absolute discretion of the Board.

• In addition, during the Employment Period, the Executive is eligible to receive an additional bonus (the "Additional Bonus") the amount of which, if any, shall be determined solely and in the good faith judgment of the Company, taking into consideration and giving equal weight to (i) the Executive's performance, and (ii) the performance of the Company.

More Definitions of Additional Bonus

Additional Bonus has the meaning given to it in paragraph 6.1 in Schedule IV;

Additional Bonus means the bonus described in Section 4.1(b).

Additional Bonus. An additional bonus, to be determined by IHS, will be paid if Rotech exceeds the net income target.

Additional Bonus shall have the meaning set forth in Section 2(b) hereof.

Additional Bonus means either (A) or (B) in the following sentence, whichever has the greatest value as of the date Executive becomes entitled to an Additional Bonus (i.e., termination of employment other than for Cause or for Good Reasons or the fifth anniversary of the Effective Date). For purposes of the preceding sentence (A) shall mean (x) $200,000 multiplied by the number of Executive’s complete years of employment with the Company (such years to be determined based on anniversaries of the Effective Date), less (y) any amounts received under the FIF HE Holdings LLC Senior Management Compensation Plan, and (B) shall mean continued participation in the FIF HE Holdings LLC Senior Management Compensation Plan. If Executive receives the bonus described in clause (A) of the preceding sentence, then (I) Executive shall cease to participate in the FIF HE Holdings LLC Senior Management Compensation Plan effective as of the fifth anniversary of the Effective Date or the date on which Executive’s employment is terminated by the Company other than for Cause or by Executive for Good Reason, as applicable, and (II) such amount will be paid to Executive as soon as practicable after Executive becomes entitled to such amount, but in no event later than two (2) months after the end of the fiscal year in which Executive becomes entitled to such amount. For purposes of determining whether clause (A) or clause (B) of the third sentence of this paragraph has a greater value, the value of clause (B) will be determined in good faith by the Managing Member as of the applicable date. For purposes of determining the value of clause (B), the Managing Member will assume that the Company is sold as of the applicable date for a price that takes into account the present value of future cash flows (considering appropriate discount rates and terminal values) of the Company as well as customary pricing metrics for comparable companies such as the book value of the assets of the Company. Managing Member will disclose to Executive the methodology, values and assumptions used to determine the value of clause (B).

Additional Bonus shall have the meaning set forth in Section 2(b)(iii).

Additional Bonus means, with respect to a Closing Cash Bonus Participant, a non-transferable contingent right to an amount in cash equal to the product obtained by multiplying (i) any cash amount required to be delivered from the Escrow Amount to the Rights Holders and the Closing Cash Bonus Participants pursuant to Section 4.03, by (ii) a fraction, the numerator of which is such Closing Cash Bonus Participant’s applicable amount of Closing Cash Bonus Payment Escrow Amount Per Person and the denominator of which is the Escrow Deposit.