Bonus Declared definition

Bonus Declared means the annual or pro-rated (in the case of employment for less than the full Plan Year) bonus amount for a Plan Year, as determined under Section V of the Plan.
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Bonus Declared means the annual bonus amount for a Plan Year, as determined under Section V of the Plan.
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Examples of Bonus Declared in a sentence

  • VEM Potential Bonus $9,000 x VEM Award x 90% --------- ----- = VEM Bonus Contribution $8,100 STEP SIX: CALCULATE TOTAL BONUS DECLARED: Add the VEM Bonus Contribution to the EVA Bonus Contribution to get the Total Bonus Declared, which is then subject to the Bonus Reserve.

  • Before any Bonus can be paid, the Bonus Declared must flow through the Bonus Reserve.

  • VEM Potential Bonus $6,900 x VEM Award x 90% -------------------- ------ = VEM Bonus Contribution $6,210 STEP SIX: CALCULATE TOTAL BONUS DECLARED: Add the VEM Bonus Contribution to the Financial Bonus Contribution to get the Total Bonus Declared, which is then subject to the Bonus Reserve.

  • VEM Bonus Contribution $8,100 + EVA Bonus Contribution + $36,000 ---------------------- ------- = Total Bonus Declared $44,100 STEP SEVEN: CALCULATE THE BONUS RESERVE AND BONUS PAYMENT: The Bonus Reserve will only apply to those in MS 11 and above.

  • In November 2005, the Governor’s Health Information Infrastructure Advisory Board and the Agency brought together a group of information technology experts from the public and private sectors to develop a strategy for developing a technical approach to state-level health information 1 ▇▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇ ▇▇.

  • Bonus Declared (Year 1) $44,100 + Beginning Reserve Balance + $0 ------------------------- --------- = Available Balance $44,100 Second, the reserve then pays out up to Target Bonus; if less than Target Bonus is in the Bonus Reserve, the entire Bonus Reserve is paid out.

  • AVAILABLE BALANCE The Bonus Declared plus the Beginning Bonus Reserve Balance.

Related to Bonus Declared

  • Rights Dividend Declaration Date shall have the meaning set forth in the recitals at the beginning of this Agreement.

  • Initial Dividend Period means the period commencing on and including the Issue Date and ending on and including April 14, 1998.

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

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

  • Bonus means the bonus described in the Section 2.3.