Bonus Base definition

Bonus Base means the notional amount used to calculate the income base bonus at the end of the calendar year;
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Bonus Base means the amount calculated as such under Section 3.2.
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Bonus Base means the sum of $180,000;
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Examples of Bonus Base in a sentence

  • The amount of the bonus awarded to Executive, if any, under this paragraph (i) shall be an amount calculated as a percentage of the Results Bonus Base Amount (the “Results Bonus Percentage”).

  • The amount of the bonus awarded to Executive, if any, under this paragraph (i) shall be an amount calculated as a percentage of the 2010 Results Bonus Base Amount (the “2010 Results Bonus Percentage”).

  • The amount of the bonus awarded to Executive, if any, under this paragraph (iv) shall be an amount calculated as a percentage of the 2009 Results Bonus Base Amount (the “2009 Results Bonus Percentage”).

  • The amount of the bonus awarded to Executive, if any, under this paragraph (B) (the “Results Bonus”) shall be an amount calculated as a percentage of the Results Bonus Base Amount (the “Results Bonus Percentage”).

  • The amount of the bonus awarded to Executive, if any, under this paragraph (ii) (the “Results Bonus”) shall be an amount calculated as a percentage of the Results Bonus Base Amount (the “Results Bonus Percentage”).

  • The parties acknowledge and agree that for convenience of reference Schedule 5(b)(ii)(B) shows for illustrative purposes the amount of the Results Bonus corresponding to each Results Bonus Percentage reflected on Schedule 5(b)(ii)(A), and the parties further acknowledge that such figures shall be subject to adjustment in the event of any change to the Results Bonus Base Amount and, in the event of any conflict between Schedules 5(b)(ii)(A) and 5(b)(ii)(B), Schedule 5(b)(ii)(A) shall control.

  • In the first year of this Agreement, Executive’s bonus shall be calculated by adjusting the Bonus Base upward or downward, as appropriate, by an amount equal to 10% of the difference between the Company’s current and prior year EBITDA, based on net after deducting Executive’s bonus payment.

  • If You elect this rider after the Contract Issue Date, then Your initial Bonus Base is Your Contract Value as of the Rider Effective Date.

  • Your Bonus Base is calculated without deduction for charges, if any.

  • The following shall be added as a new Section 5(b)(iv): “5(b)(iv) Notwithstanding the foregoing and solely with respect to calendar year 2009, Executive shall be eligible to receive a bonus payment calculated as set forth in this paragraph (iv) using a baseline bonus amount equal to sixty percent (60%) of the Performance Bonus Amount (the “2009 Results Bonus Base Amount”).


More Definitions of Bonus Base

Bonus Base means, for any fiscal year, (i) the Adjusted Net Income for such fiscal year minus (ii) (a) the Average Net Worth for such fiscal year multiplied by (b) the Base BROE for such fiscal year.
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Bonus Base means a percentage of a Participant’s base salary in effect for the Plan Year that may be any percentage between zero percent (0%) and one hundred percent (100%). For these purposes, the Participant’s base salary for the Plan Year shall be the Participant’s actual annual base salary, unless otherwise specified by the Committee when establishing the Maximum Percentage Schedule for the Plan Year.
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Bonus Base means the consolidated net income of the Company and its subsidiaries prepared in accordance with generally accepted accounting principles before (i) Bonus Payments to Executive, (ii) accounting for minority ownership interests in subsidiaries, (iii) incentive payments due officers based on income approved by the Board, and (iv) applicable federal and state income taxes.
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Bonus Base means seventy five percent (75%) of the Participant's base salary for the Plan Year by reference to the Participant's annual rate of base salary in effect as of the date the Committee establishes the Earned Percentage Schedule for the Plan Year.
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Bonus Base means a percentage of a Participant's base salary in effect for the Plan Year that may be any percentage between zero (0%) and one hundred percent (100%). For these purposes, the Participant's base salary for the Plan Year shall be the Participant's actual annual base salary, unless otherwise specified by the Committee when establishing the Earned Percentage Schedule for the Plan Year.
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Related to Bonus Base

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.