Bonus Compensation Plan definition
Examples of Bonus Compensation Plan in a sentence
Any bonus payable under this Section will be paid in accordance with the Performance Based Cash Bonus Compensation Plan in effect during the year in which any such bonus may be awarded.
EXECUTIVE shall participate in the HOH Bonus Compensation Plan in accordance with Plan guidelines established from time to time by the HOH Board of Directors or Compensation Committee.
Benefits payable under the Bank's Bonus Compensation Plan shall be payable at times and under terms specified by the Board and by the plan.
The Employee shall be entitled to participate ---------------------- in the Employer's annual bonus compensation plan, a copy of which is attached hereto as Schedule "A" (the "Bonus Compensation Plan").
In addition, ▇▇▇▇▇▇▇▇’▇ prior granted executive compensation bonus of Thirty Thousand Five Hundred Sixty-Two and 86/100 dollars ($30,562.86) shall continue to vest according to the terms of HES’s Executive Bonus Compensation Plan effective January 1, 2011 (the “Bonus Plan”).
Any bonuses payable by the Company to the Executive pursuant to this Section 2(b)(i) shall be awarded under and subject to the terms of the Company’s 2000 Incentive Bonus Compensation Plan, as amended from time to time (the “Bonus Plan”), subject to any approval of shareholders of the Company, if required by Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”).
In addition to the Base Salary to be paid to Executive during the Employment Period, the Bank shall determine Executive's eligibility for incentive compensation under Bank's Bonus Compensation Plan and PennRock Financial Services Corp.
The Compensation Committee has the right to review and revise the Bonus Compensation Plan in light of Company developments.
Any bonus compensation due to Employee under the Bonus Compensation Plan will be paid in December of the year earned or in January of the subsequent year in the discretion of the Compensation Committee.
In addition, the Company will pay Executive bonus compensation ("Annual Bonus") to the extent it is awarded to him under and subject to the terms of the ARCap Annual Senior Management Bonus Compensation Plan, as amended from time to time (the "Bonus Plan").