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).

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.

Examples of Annual Bonus in a sentence

• Any payment of the Annual Bonus made with respect to a quarterly period (a “Quarterly Bonus Payment”) shall be deducted from any Annual Bonus payment owed for the fiscal year in which such quarterly period occurred.

• The Annual Bonus shall be paid to Executive when paid generally to other senior executives of the Company, but in any event, to the extent determinable as of such time, not later than March 15th of the year immediately following the applicable year for which such Annual Bonus is being paid.

• The payment of any Annual Bonus pursuant to the incentive program shall be subject to Executive’s continued employment with the Company through the date of payment, except as otherwise provided in Section 4(b).

• The Board or Compensation Committee may determine to measure the achievement of performance goals and/or pay the Annual Bonus quarterly.

• If Executive experiences a Covered Termination, the Company shall pay to the Executive, as cash severance, the sum of (i) Executive’s Annual Bonus, pro-rated for the year of termination, based on service through the Date of Termination and (ii) 150% of the sum of the Executive’s Annual Base Pay and Annual Bonus (the “Cash Severance”).

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.

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.

Annual Bonus see Section 4.2(a).

Annual Bonus shall have the meaning set forth in Section 4(b) of this Agreement.

Annual Bonus is defined in Section 4.2.

Annual Bonus as defined in Section 2.4(b).

Annual Bonus has the meaning set forth in Section 4.02(a).