Annual Incentive Bonus definition

Annual Incentive Bonus as defined in Section 2.2(b);

Annual Incentive Bonus means the annual incentive bonus of the Executive under the Corporation’s short term incentive plan;

Annual Incentive Bonus means a bonus payable with respect to a fiscal year of the Company determined in accordance with Article 5 hereof.

Examples of Annual Incentive Bonus in a sentence

• The Annual Incentive Bonus for any calendar year will (if and to the extent earned) be paid no later than the March 15th following the completion of such calendar year.

• The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

• The amount of Executive’s Annual Incentive Bonus, if any, shall be based on the degree to which Executive’s performance objectives for a fiscal year have been met.

• The target Annual Incentive Bonus is equal to 100% of Base Salary (the “Target Bonus Amount”) and the maximum Annual Incentive Bonus is equal to 200% of the Target Bonus Amount.

• The actual amount of the Annual Incentive Bonus with respect to any calendar year will be determined by the Board (or a committee thereof) based on Executive’s and the Equity Group’s fulfillment of performance goals established by the Board or the Direct Supervisor with respect to the applicable calendar year.

More Definitions of Annual Incentive Bonus

Annual Incentive Bonus means the amount established pursuant to this Section 4.

Annual Incentive Bonus has the meaning specified in Section 4.2 of this Agreement.

Annual Incentive Bonus means the annual incentive bonus of the Executive for the applicable year and if no such bonus has then been established for a particular year, the annual incentive bonus most recently earned by or paid to the Executive by the Corporation or its subsidiaries or affiliates;

Annual Incentive Bonus means the Executive’s incentive bonus under the Company’s MIP then in effect or such other similar annual incentive bonus plan or program then in effect.

Annual Incentive Bonus means any bonus paid under the Company’s annual incentive program, as approved by the Compensation Committee.

Annual Incentive Bonus means, for each Eligible Executive, an Incentive Bonus payable with respect to a fiscal year.

Annual Incentive Bonus means, with respect to each Participant, an amount equal to the sum of such Participant’s Remy Bonus, if any, plus such Participant’s Business Unit Bonus, if any, which amount with respect to any Participant who commences employment with the Company after the first day of any Applicable Year shall be prorated by multiplying such sum by a fraction (i) the numerator of which is the number of days that have transpired from the first day of such Participant’s employment up to and including the earliest to occur of the last day of such Applicable Year or the effective date of a Change of Control or termination of such Participant’s employment (other than by the Company for Cause or by the Participant without Good Reason) and (ii) the denominator of which is 365; provided, however, that in the event a Prorated Annual Incentive Bonus is paid to any Participant in lieu of an Annual Incentive Bonus for any Applicable Year, such Participant’s Annual Incentive Bonus shall be zero.