Bonus Incentive Plan definition

Bonus Incentive Plan means the Company’s Management Incentive Plan or, if that plan is no longer maintained, any cash bonus plan maintained by the Company for similarly situated active executives of the Company.
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Bonus Incentive Plan means one or more incentive plans the Commission may develop as additional compensation for the agents and retailers. The bonuses and incentives combined may not exceed one percent (1%) of annual gross sales from lotteries authorized pursuant to W.Va. Code §29-22-1 et seq.
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Examples of Bonus Incentive Plan in a sentence

  • In addition, Employee will be eligible to participate in Adaptec's Executive Bonus Incentive Plan at a targeted amount of 50% of annual base salary.

  • Section 8.1.17.2, Financial Reporting Requirements, is modified to clarify that the Bonus Incentive Plan refers to the Employee Bonus Incentive Plan.

  • Executive shall be eligible for an annual cash bonus award with a target award amount equal to thirty percent (30%) of Executive’s Base Compensation, as determined on an annual basis by the Compensation Committee of the Board in its discretion and in accordance with and subject to the terms of the Company’s Cash Bonus Incentive Plan during the Term of this Agreement.

  • Executive will be eligible for an annual bonus in accordance with the terms and conditions of the SOI Management Bonus Incentive Plan (the “Bonus Plan”).

  • No later than five business days prior to the Closing Date, the Company shall provide Purchaser the proposal required by the terms of the Employee Bonus Incentive Plan.

  • The Bonus will be subject to all applicable withholdings and will be paid in accordance with the Company’s Annual Bonus Incentive Plan.

  • In the event of a Change of Control, the Company and Your individual performance targets for the Annual Bonus Incentive Plan shall be deemed to be met in full for the remainder plan year in which the Change of Control occurs.

  • Executive’s maximum potential payout under the Bonus Incentive Plan is 70% of Executive’s annual base salary.

  • In addition, Employee will be eligible to participate in Adaptec’s Executive Bonus Incentive Plan at a targeted amount of 50% of annual base salary.

  • Executive shall be eligible for an annual cash bonus award with a target award amount equal to thirty five (35%) of Executive’s Base Compensation, as determined on an annual basis by the Compensation Committee of the Board in its discretion and in accordance with and subject to the terms of the Company’s Cash Bonus Incentive Plan during the Term of this Agreement.

Related to Bonus Incentive Plan

  • Company Incentive Plan has the meaning set forth in Section 5.13.

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;