Bonus Guarantee definition

Bonus Guarantee means the guaranteed total incentive bonus to be paid as part of the Company's bonus scheme, generally payable during the calendar quarter after the calendar year end to which the bonus relates.
View Source

Examples of Bonus Guarantee in a sentence

  • Any bonus amount due to Executive, including but not limited to the Minimum Bonus Guarantee, shall be prorated for the bonus period based on the number of days in such Bonus Period through the date of death.

  • Any bonus amount due to Executive, including but not limited to the Minimum Bonus Guarantee, shall be prorated for the bonus period based on the number of days in such Bonus Period through the date of termination.

  • However, in the event that the WOTC/WtW legislation is not enacted by Congress by February 28th, 2005, the Bonus Guarantee shall be One Hundred Thousand Dollars ($100,000) with all other terms of the Bonus and its calculation remaining the same.

  • The Minimum Annual Bonus Guarantee shall be effective for fiscal year 2019 only.

  • Should Old Mutual terminate your employment during the Bonus Guarantee Period for any reason other than “Cause,” as defined in your Employment Agreement, or should your employment terminate during the Bonus Guarantee Period due to death or “Disability,” as defined in the Employment Agreement, you (or your estate, as the case may be) will receive the full Guaranteed Cash Bonus paid to you at such time as the Bonus would have been paid to you had you remained employed by Old Mutual.