Annual Bonus definition
Examples of Annual Bonus in a sentence
The Annual Bonus will be based upon the Company’s assessment of your individual performance and the Company’s performance for a given calendar year, as well as any other criteria the Company deems relevant.
The Annual Bonus will be based upon the assessment of your performance by the Board (or a committee thereof) and the Company’s attainment of goals, including annual EBITDA versus target EBITDA, as determined by the Board (or a committee thereof) in consultation with you.
The Annual Bonus, if earned, will be paid no later than March 15 of the calendar year after the applicable bonus year.
Executive shall be eligible to receive an annual incentive bonus (the “Annual Bonus”), subject to achievement of key performance indicators for Cue, with the level of achievement, the key performance indicators, and actual amount of the Annual Bonus determined by the Compensation Committee of the Board or its delegate (the “Committee”) in its sole discretion.
Any Annual Bonus awarded to the Executive shall be paid by the Company as scheduled by management, provided that no Annual Bonus shall be considered earned until the Board makes all necessary determinations with respect to the Annual Bonus.