Bonus definition

Bonus means the bonus described in the Section 2.3.
Bonus means an amount of incentive remuneration payable by the Employer to a Participant.
Bonus means any bonus payable to the Executive pursuant to Section 4(b) hereof.

Examples of Bonus in a sentence

  • Executive’s Target Bonus may be updated by the Board or Compensation Committee on an annual basis.

  • 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.


More Definitions of Bonus

Bonus shall have the meaning set forth in Section 6.
Bonus means the amount payable to Executive under the Company's applicable annual bonus plan with respect to a fiscal year of the Company.
Bonus means the compensation paid to a Brand Affiliate based on the volume of Products sold by a Brand Affiliate, his Downline Organization, and breakaway Executives upon meeting all requirements as set forth in the Sales Performance Program. Nu Skin Local has been assigned the right to pay Bonuses to Brand Affiliates in the Resident Country.
Bonus means a cash payment or a payment opportunity as the context requires.
Bonus means an amount equal to the average of the bonuses awarded to Executive for each of the three (3) fiscal years prior to the date of termination, or such lesser number of years as may be applicable if Executive has not been employed for three (3) full years on the date of termination. For purposes of determining Executive’s “Bonus,” to the extent Executive received no bonus in a year due to a failure to meet the applicable performance objectives, such year will still be taken into account (using zero (0) as the applicable bonus) in determining Executive’s “Bonus” for purposes of Section 4. If any portion of the bonuses awarded to Executive consisted of securities or other property, the fair market value thereof shall be determined in good faith by the Board.
Bonus shall have the meaning set forth in Section 4(b).
Bonus has the meaning ascribed to it in section "4.4" hereinbelow;