Bonus Level definition

Bonus Level means the value specified in the relevant Final Terms, expressed as follows:
Bonus Level means the level at which a Participant shall participate in the Plan as set forth in Paragraph 4(b) hereof.
Bonus Level means a percentage of Base Salary associated with a Targeted Income Amount. The Bonus Level for any Targeted Income Amount for any Plan Year shall be as determined from time to time by the Board of Directors or the Compensation Committee.

Examples of Bonus Level in a sentence

  • For this purpose, full salary shall be the basic salary in effect at the date such notice is given to the Executive, and bonus shall be calculated on the basis of the Executive achieving 100 per cent of the target bonus at Bonus Level 1.

  • The actual percentage of the Employee’s Base Salary that the Board, in its sole discretion, may award the Employee under any Employee Bonus Plan is referred to herein as the Employee’s “Bonus Level Percentage.” The Bonus Level Percentage that Employee may be eligible for under any Employee Bonus plan may be adjusted upward or downward from time to time in the sole discretion of the Board, or replaced by another or Employee Bonus Plan.

  • All Level I Bonus, Level II Bonus, and LTI awards are discretionary and subject to the approval of the Compensation Committee and the Independent Board Members.

  • DURING THE PROTECTION PERIOD Same as “Discharge for Cause During the Protection Period” EXCEPT that, in addition, Executive shall receive: (1) cash severance equal to one times Executive’s annual base salary at the rate applicable as of the Date of Termination due to Executive’s death or disability; and (2) a pro rata amount of Executive’s annual bonus during the year of termination, based on the Target Bonus Level.

  • In the event that the performance of Enfinity falls between the Minimum Bonus Level and the Maximum Bonus Level, then the bonus that the Executive shall be entitled to receive under the Bonus Plan shall be adjusted accordingly.


More Definitions of Bonus Level

Bonus Level means, in respect of a Share, the product of (a) 65 per cent. and (b) the Initial Reference Level in respect of such Share.
Bonus Level means [specify bonus level] per cent.]
Bonus Level means 35 per cent. (35%) (expressed as 0.35), provided that the Issuer may (but shall not be obliged to), in its sole and absolute discretion, set the Bonus Level on the Initial Valuation Date to be a value in a range from (and including) 25 per cent. (25%), to (and including) 45 per cent. (45%), and, if the Issuer does so, the Issuer will give notice of such increase to the Holders in accordance with General Instrument Condition 21 (Notices) (and for the avoidance of doubt, no supplement to these Final Terms or the Base Prospectus will be published in relation thereto).
Bonus Level or "BL" means 48 per cent. (48%) (expressed as 0.48).
Bonus Level means the bonus level as specified in Table 1 in the Annex.] ["Fiscal Agent" means the fiscal agent as specified in Table 1 in the Annex.]
Bonus Level means, 12 per cent. “Digital Barrier” means 100 per cent.; “Call Strike” means 112 per cent.;
Bonus Level or "BL" means 148 per cent. (148%) (expressed as 1.48).