Examples of Bonus Level in a sentence
On the other hand, the Bonus Stop (American) occurs in relation to an underlying asset when the relevant final reference level is lower than the Bonus Level at any time during the observation period.
The Bonus Stop (European) occurs in relation to an underlying asset when the relevant final reference level is lower than the Bonus Level on an observation date.
In both cases, potential investors should consider that the closer the Bonus Level is to the initial reference level of the underlying asset, the greater is the possibility that potential investors will not benefit of the predetermined minimum return linked to value of such underlying asset.
Furthermore, investors should note that the occurrence of a Bonus Stop (European) or a Bonus Stop (American) will also depend on the volatility of the underlying asset i.e. the more frequent and intense the fluctuation in the value of the underlying asset during the life of the Notes are, the higher the volatility will be and the greater chance that the value of the underlying asset will reach the Bonus Level and, therefore, that a Bonus Stop (European) or a Bonus Stop (American) will occur.
Employees in the below listed classifications will be eligible for the Sick Leave Bonus listed below: • Supervising Clinic Nurse • Supervising Nurse I • Supervising Nurse II Bonus Level 1- Employees will be eligible for a three thousand dollar ($3,000) bonus to be paid out on the first full pay period in February if the employee has two (2) or less sick and/or unscheduled absence occurrences between January 1 and December 31.