Bonus definition

Bonus means the bonus described in the Section 2.3.

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Bonus means an amount of incentive remuneration payable by the Employer to a Participant.

Bonus shall have the meaning set forth in Section 6.

Examples of Bonus in a sentence

• A single, lump sum, cash payment equal to the product of (i) the Executive’s Target Bonus, if any, that the Executive would have earned for the entire fiscal year in which the Qualifying Termination occurs; and (ii) a fraction, the numerator of which is the number of days the Executive was employed by the Company during the fiscal year in which the Qualifying Termination occurs and the denominator of which is the number of days in such fiscal year.

• The Annual Bonus earned by Executive, if any, for each calendar year during the Term shall be paid to Executive at the same time as paid to the Company’s senior executives, which is no later than March 15 in the calendar year immediately following the year to which it relates, subject to Executive’s continued employment on December 31 of the year to which the Annual Bonus relates.

• The target Annual Bonus opportunity of Executive for calendar year 2025 shall be $2,200,000 (the “Target Bonus”).

• Executive’s Target Bonus is subject to discretionary increases by the Board.

• Upon the termination of Executive’s employment due to Executive’s resignation without Good Reason, Executive shall be entitled to the Accrued Benefits, and, subject to the conditions set forth in Section ‎10(f) hereof, the Prior Year Bonus.

More Definitions of Bonus

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 any bonus payable to the Executive pursuant to Section 4(b) hereof.

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;