Bonus Awards definition

Bonus Awards means the gross cash amounts awarded under the San Diego Gas & Electric Company Senior Management Incentive Compensation Plan or Compensation Incentive Plan during the 12-month period ending on the date of the Participant's termination of employment divided by 52.

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Bonus Awards means awards made pursuant to Section 11.

Bonus Awards means the awards which are intended to qualify for the performance-based compensation exception to Section 162(m) of the Code, as further described in Article VI, and which shall be payable under this Plan for any Performance Period only if the Performance Criteria for such Performance Period are met or exceeded and if and to the extent the Committee, in its discretion, authorizes such payment to be made. Bonus Awards for all Covered Employees may not exceed, in the aggregate, the maximum amount of five million dollars ($5 million) in any Performance Period. Necessarily, therefore, no individual Covered Employee may receive more than that amount for any Performance Period and if the total maximum aggregate Bonus Awards amount of $5 million were to be paid to any one such Covered Employee for any Performance Period then the others could not be paid any Bonus Awards.

Examples of Bonus Awards in a sentence

This Grant is subject to the terms and conditions of the Policy on Cash Bonus Awards and Equity Awards Clawback for CDI Corp.
The Special Assignment Period will be counted for prorating your existing Performance Bonus Awards.
Achievement of targets, determination of the amount of Performance Bonus Awards, and determination of the number of shares covered by your grant of Stock Options will be established in the sole discretion of the ECC.
You will be eligible to defer, and thus receive a match pursuant to the EPP, only those of your LTIP Performance Bonus Awards payable while you are still employed by GTE (in this case, only the 1995-97 Performance Bonus Award).
You will not receive grants of Stock Options or Performance Bonus Awards under LTIP after the initial spring of 1998 grants.
For purposes of this Letter Agreement, your 1998 Stock Option and Performance Bonus Award grants are collectively referred to as "LTIP Grants." Note that the ECC reserves the right not to make Stock Option or Performance Bonus Awards in 1998, and, if so, you will be treated in the same manner as other executives at your salary level.
EPIP and Executive Bonus Awards may also be granted at ZiLOG's sole discretion for the year in which the retirement occurs, prorated to the date of the retirement.
EPIP and Executive Bonus Awards may also be granted at Zilog's sole discretion for the year in which the retirement occurs, prorated to the date of the retirement.
All deferred Bonus Awards shall be payable within thirty (30) days after the beginning of the first Fiscal Year in which such amount may be paid.
The Employee will be eligible for consideration for incentive compensation ("Bonus Awards"), although no Bonus Awards are required to be paid hereunder.

More Definitions of Bonus Awards

Bonus Awards means awards made pursuant to Section 12.

Bonus Awards means all bonus payment obligations of the Company or its Subsidiary in connection with a change of control of the Company, or retention payments or fees or transaction-related bonuses payable to any Person as a result of the transactions contemplated by this Agreement, excluding those payable under the Special Compensation Plan.

Bonus Awards means (i) the incentive bonus earned for each Fiscal Year, beginning with the Fiscal Year ending November 30, 1997, under the Corporation's Annual Incentive Plan and paid to the Participant on a current cash basis after the end of that Fiscal Year, (ii) any special recognition bonus, whether paid in cash or in the form of loan forgiveness, earned for any Fiscal Year, beginning with the Fiscal Year ending November 30, 1997, and (iii) the long-term performance bonus earned for each three (3)-year performance cycle completed under the Corporation's Long-Term Incentive Plan, beginning with the performance cycle which started on December 1, 1996, and paid to the Participant on a current cash basis after the end of the cycle.

Bonus Awards means incentive compensation awards, the payment of which may be earned based on the achievement of one or more performance-based metrics, which may relate to one or any combination of Company, subsidiary, operating unit, division or individual performance, in each case established by the Committee for each Performance Period.