Bonus Multiplier definition

Bonus Multiplier means the quotient determined by dividing the total number of months in which Executive performed services for the Company during the calendar year in which Executive’s Termination Date occurs divided by twelve (12).
Bonus Multiplier means the quotient obtained by dividing the number of full months that the Executive is employed by the Company or an Affiliate in the year of a Covered Termination by twelve (12).
Bonus Multiplier means the quotient obtained by dividing the number of full months that a Participant is employed in the year of a Covered Termination by twelve (12).

Examples of Bonus Multiplier in a sentence

  • The Performance Bonus Multiplier for each Participant will be based on the achievement of such Corporate Performance Objectives as the Committee shall designate, which may include the achievement of one or more Corporate Performance Objectives or any combination of Corporate Performance Objectives as the Committee may select.

  • To the extent the Corporate Performance Objectives are not achieved, the Performance Bonus Multiplier shall be zero (0).

  • The bonus (if any) payable will be an amount determined by multiplying (i) the Target Bonus Amount by (ii) the Target Bonus Multiplier.

  • Cumulative Bonus (Multiplier Benefit) means any increase in the Sum Insured granted by the insurer without an associated increase in premium.

  • The Performance Bonus Multiplier shall be a percentage, ranging from 0% to 200%, depending on the “Performance Goals” relative to the “Performance Criteria,” as such terms are defined in the AIP, all as established by the Committee for all participants in the AIP.


More Definitions of Bonus Multiplier

Bonus Multiplier means the difference between Actual SV and Minimum SV in relation to the Bonus Increment for the Participation Pool and shall be calculated by subtracting (i) the Minimum SV from (ii) the Actual SV for the Year and then dividing the difference by the Bonus Increment for the Year. If the Bonus Multiplier for the Year is less than zero (0), then the Participant’s Bonus Percent for the Year shall be zero (0). The Bonus Multiplier is capped at 2.0 unless adjusted by the Committee.
Bonus Multiplier means the quotient obtained by dividing the number of full months that the Employee is employed in the year of a Covered Termination by twelve (12).
Bonus Multiplier means the factor used to determine a Participant’s CIC Bonus, as set forth on the Participant’s Appendix C attached hereto.
Bonus Multiplier means the quotient obtained by dividing the number of full months that a Participant is employed by the Company or an Affiliate during the calendar year in which the Participant’s Covered Termination occurs by twelve (12).
Bonus Multiplier means the quotient obtained by dividing: (i) the sum of the number of full months that a Participant is employed in the year of a Covered Termination and twelve (12), by (ii) twelve (12).
Bonus Multiplier means a percentage, (A) the numerator of which is ----------------- the actual aggregate revenue for all Acquisition Targets measured over the trailing twelve months from Charys fiscal year end in the year in which such Acquisition Target is acquired (or, if the target is acquired in September 2006, the actual revenue of the Acquisition Target from 5-1-06 thru 4-31-07), and (B) the denominator of which is the aggregate Target Revenue for all Acquisition Targets. An example calculation of the Bonus Multiplier is as follows: ---------------------------------------- First Year Projected Actual Millions in year acquired ---------------------------------------- Target A $ 30 $ 20 Target B $ 20 $ 20 Target C $ 100 $ 110 Target D $ 40 Did not acquire Target E $ 10 $ 40 ---------------------------------------- $ 20O $ 190 LIMIT 95.00% ----------------------------------------
Bonus Multiplier means, with respect to a payment or payments of Transaction Consideration made on or after any Payment Trigger Date, twenty percent (20%) of the amount of any Transaction Consideration paid.