Annual Bonus Award definition

Annual Bonus Award means the annual bonus to be paid to the Executive in accordance with the Company’s annual bonus program as described in Section 5.2 herein.

Annual Bonus Award means the annual bonus to be paid to the Executive in accordance with the terms of the annual bonus program(s) maintained by the Company, Scotts or any of their affiliates in which the Executive is a participant.

Annual Bonus Award means an Award to Employees who are Participants pursuant to Section 10 consisting of the right to receive a cash payment on an annual basis.

Examples of Annual Bonus Award in a sentence

• Subject to Paragraph 2(B), the Prorated Annual Bonus Award, if any, will be paid no later than December 15 of the calendar year following the fiscal year/performance year during which Employee’s employment terminated.

• The Executive’s Annual Bonus Award opportunity (i.e., the amount payable if one hundred percent (100%) of the applicable goals and targets are attained) for any fiscal year during the Term will be established at fifty-five percent (55%) of his Base Salary, unless the parties agree otherwise in writing.

• This Paragraph 2 governs the payment of the Severance Pay, the Benefit Payment, and the Prorated Annual Bonus Award payable under Paragraph 1(D).

• The Executive shall be eligible to receive, in addition to his Base Salary, an Annual Bonus Award which shall be based on an annual target expressed as a percentage of the Executive’s Base Salary.

• Any Annual Bonus Award earned and payable to the Executive hereunder shall be paid as set forth in the plan governing such Annual Bonus Award.

More Definitions of Annual Bonus Award

Annual Bonus Award means the target bonus under the annual incentive plan in effect for an Eligible Employee on the date of his or her termination of employment. If there is no annual incentive plan in place at the time of the Eligible Employee’s termination, the bonus award amount will be equal to his or her target bonus under the last annual incentive plan in which the Eligible Employee participated, provided such plan was in effect within the six months prior to the Eligible Employee’s termination date.

Annual Bonus Award means the annual bonus to be paid to the Executive in accordance with the Company’s annual bonus program as described in Section 5.2 (Compensation/Annual Bonus) herein.

Annual Bonus Award means the amount payable to the officer under the executive management incentive plan in effect for executive officers on his or her termination date, which amount shall be calculated as if the “target” performance results were attained. If there is no executive management incentive plan in place at the time of the officer’s termination or if the employment is terminated by the officer for Good Reason and the Good Reason is a material reduction in base salary or annual cash bonus incentive opportunity, then the Annual Bonus Award means an amount equal to the last such award received by the officer prior to his termination date.

Annual Bonus Award means an incentive payment made pursuant to the Management Bonus Program applicable to an Eligible Employee of the Company.

Annual Bonus Award means a cash bonus awarded to an Employee with respect to a particular year.

Annual Bonus Award means the total annual award under the Unilever Annual Bonus Program, which may be paid in one or more instalments;

Annual Bonus Award for any Participant, means the award established for that Participant pursuant to Section 5.1 of the Plan.