Examples of Annual Cash Bonus in a sentence
The Annual Cash Bonus in any year may vary substantially from the Target Cash Bonus amount, and no Annual Cash Bonus is guaranteed by this Agreement.
Any Annual Cash Bonus shall be paid to Executive on the date on which annual bonuses are paid generally by the Company to its senior executives with respect to the year in which the Annual Cash Bonus was earned, subject to and conditioned upon Executive’s continued employment with the Company through the applicable payment date (except as otherwise provided in Section 7 below).
During the Company’s relevant fiscal years, and subject to the satisfaction of applicable Performance Criteria and any other conditions required by the Compensation Committee, the Employee shall be entitled to an annual cash bonus (“Annual Cash Bonus”); provided, however, that the Annual Cash Bonus for the relevant fiscal years will be paid to the Employee within the period necessary to satisfy the exemption from Code Section 409A (as defined below) for short term deferrals set forth in Treas.
The performance period for the Annual Cash Bonus shall be the relevant fiscal years of the Company or such other performance period as established by the Compensation Committee in its sole discretion, with the applicable Annual Cash Bonus amounts adjusted for such performance period in proportion to the relevant annual periods.
The actual amount of any Annual Cash Bonus payable to Executive (if any) shall be determined by reference to the attainment of the applicable performance objectives, as determined by the Compensation Committee in its sole discretion, and may be less than, or greater than (up to the aforementioned Maximum Cash Bonus), the Target Cash Bonus (and may equal zero).