Bonus Participants definition

Bonus Participants means the Earn-Out Bonus Participants and the Non-Earn-Out Bonus Participants.
Sample 1

Examples of Bonus Participants in a sentence

  • The aggregate amount allocable to the Bonus Participants pursuant to the KERP Plan will not exceed $8.2 million.

  • The KERP Plan has the following components: o Payment of periodic retention bonuses to certain Key Employees designated as the "Bonus Participants." Payments under the KERP Retention Bonus plan are based on specific percentages of the Bonus Participant's annual compensation.

  • Teraputics’ acts of infringement of the ‘061 Patent were undertaken and continue to be undertaken without permission or license from AIDP.

  • Notwithstanding any other provision of the Plan, 100% of a Participant’s Deferred Compensation Account shall be forfeited automatically if the Participant’s employment by the Company and its Affiliates is terminated by the Participant for any reason (other than Good Reason or upon the Participant’s death or Disability) prior to (i) 120 days after the Effective Date, with respect to Bonus Participants and (ii) December 31, 2005, with respect to Restricted Stock Participants.

  • No Bonus Participants has a title of “president.” Accordingly, despite the terms “Restaurant Manager” and “Operations Director” in the Bonus Participants’ titles, such titles do not confer on such Bonus Participants the status of “director” and “officer,” as such terms are used in section 101(31) of the Bankruptcy Code with respect to insiders.

  • The Committee may cause Energy to issue, from time to time (subject to the restrictions provided in Paragraph 4.1), shares of Bonus Stock to and enter into Bonus Stock Agreements with such Executives as the Committee, in its sole discretion, may determine and designate ("Bonus Participants), and may cause Energy to enter into Incentive Stock Contracts with such Executives as the Committee, in its sole discretion, may determine and designate ("Incentive Participants).

  • The Plan Administrator shall have full power and authority to carry out the provisions of the Plan, including the authority to construe, interpret and administer the Plan, to calculate pro-rata Bonus payments, to select the Employees to become Discretionary Bonus Participants in the Plan and to determine the Discretionary Retention Bonus amounts to be provided.

  • Such Bonus Amount is payable by the Company to such Bonus Participants at the Closing Date, together with any related Taxes (including wage taxes, payroll taxes and social security payments to be made by the Company and excluding social security payments to be made by the Bonus Participants) payable by the Company to the relevant Tax Authorities.

  • To be eligible for the Two Upgrade Bonus, Participants must have at least two (2) bonus-eligible Upgrades installed on or after September 28, 2018 and within 18 months of each other.

  • If the terms of the required ratified collective bargaining agreement require the Employer to permit a special salary deferral from a Special Lump Sum Collective Bargaining Agreement Bonus, Participants eligible for a Special Lump Sum Collective Bargaining Agreement Bonus may make a special salary deferral election of up to 100% of the cash payment as a one-time pre-tax contribution to his/her Eversource 401(k) plan.

Related to Bonus Participants

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • Eligible Participants means persons who, at a particular time, are employees, officers, consultants, or directors of the Company or its subsidiaries;

  • Participants is defined in Section 12.2.1.

  • Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act.

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Eligible Employees means each employee of the Company or an Affiliate.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Bonus Award means a bonus award made pursuant to Section 9.

  • Award Year means a fiscal year beginning January 1 and ending December 31 with respect to which an Award may be granted.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Award Opportunity means a cash award opportunity established under the Plan for a Participant by the Committee pursuant to such terms, conditions, restrictions and/or limitations, if any, as the Committee may establish.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Bonus means the bonus described in the Section 2.3.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).