Annual Bonus definition

Annual Bonus shall have the meaning set forth in Section 4(b) hereof.
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Annual Bonus shall have the meaning set forth in Section 3(b).
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Annual Bonus means Executive’s annual bonus under the Company’s or an Affiliate’s annual executive bonus program, as in effect from time to time, under which Executive is covered.
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Examples of Annual Bonus in a sentence

  • The Annual Bonus shall be paid to the Executive in accordance with the STIP and at the same time other executive annual bonuses under the STIP are paid.

  • The Committee shall determine whether the Executive has met or exceeded the performance metrics in any given year with regard to determining the amount of the Executive’s Annual Bonus.

  • The actual Annual Bonus earned by the Executive in respect of a given year, if any, shall be based on performance metrics to be determined by the Committee, in its sole discretion.

  • Executive will not be eligible for, and will not earn, any Annual Bonus (including a prorated bonus) if Executive’s employment terminates for any reason before any Annual Bonus is paid.

  • Whether Executive receives an Annual Bonus for any given year, and the amount of any such Annual Bonus, will be determined by the board of directors of the Company (the “Board”) or the compensation committee thereof in its sole discretion based upon the Company’s achievement of objectives and milestones to be determined at the beginning of each year and mutually agreed upon by Executive and the Company’s Chief Executive Officer and approved by the compensation committee of the Board.


More Definitions of Annual Bonus

Annual Bonus means the target annual cash bonus the Executive is eligible to earn (assuming one hundred percent (100%) fulfillment of all elements of the formula under which such bonus would have been calculated) for the year in which the Termination Date occurs.
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Annual Bonus means any compensation, in addition to Base Annual Salary relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, payable to a Participant as an Employee under any Employer's annual bonus and cash incentive plans, excluding stock options.
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Annual Bonus see Section 4.2(a).
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Annual Bonus shall have the meaning set forth in Section 4(b) of this Agreement.
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Annual Bonus means a cash bonus, if any, awarded by the Board (or any applicable committee thereof) to Executive in recognition of Executive’s service during the preceding fiscal year and in a manner consistent with the Company’s annual bonus programs for senior executives.
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Annual Bonus is defined in Section 4.
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Annual Bonus as defined in Section 2.4(b).
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