Examples of Annual in a sentence
Each Annual Bonus and the 2023 Bonus shall be paid as soon as administratively feasible after the Compensation Committee and the Board certifies the amount of any Annual Bonus, but in no event later than ninety (90) days following the end of such calendar year.
The amount of Annual Bonus for each calendar year shall be determined by the Compensation Committee or the Board.
The Target Annual Bonus for each calendar year and the target goals applicable to each Annual Bonus shall be established by the Compensation Committee or the Board no later than thirty (30) days following the start of the then calendar year; provided, that such Target Annual Bonus and target goals for the 2023 Bonus shall be established within thirty (30) days of the Effective Date.
For each calendar year during the Employment Period, Executive shall be eligible for bonus compensation (the “Annual Bonus”) with a target amount equal to two hundred and fifty percent (250%) of Executive’s Base Salary or such other percentage of Executive’s Base Salary as determined by the Compensation Committee of the Board (the “Compensation Committee”) or the Board for the applicable calendar year (the “Target Annual Bonus”).
The Target Annual Bonus for each calendar year and the target goals applicable to each Annual Bonus shall be established by the Compensation Committee or the Board following consultation with Executive within thirty (30) days following the start of the calendar year; provided, that such Target Annual Bonus and target goals for the 2023 Bonus shall be established within thirty (30) days of the Effective Date.