Bonus Rate definition

Bonus Rate shall be the average bonus payment divided by the timeframe covered (based on 2,080 hours per year).

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Bonus Rate means, for a Plan Year, an interest rate, if any, determined by the Committee, in its sole discretion, which rate shall be determined and announced before the commencement of the Plan Year for the which the rate applies. This rate may be zero for any Plan Year. 1.10 "Change in Control" shall mean:

Bonus Rate means the quotient determined by dividing whichever of the following amounts is the greatest by twelve (12):

Examples of Bonus Rate in a sentence

The specified Target Bonus Rate may be increased from time to time by the Compensation Committee but shall not be decreased without the Executive’s written consent.
CIBC will renew a variable rate GIC into the same type of variable rate GIC, for the same term, if available, and a fixed rate GIC into the same type of fixed rate GIC (except the CIBC Special Offer GIC which will renew into a fixed rate CIBC Bonus Rate GIC issued by CIBC Trust), for the same term, if available, unless you provide CIBC with different instructions before the maturity date.
If the Minimum Bonus Rate is changed, it shall, likewise, be changed for all purposes of this Agreement.
If so increased, the Annual Bonus Rate as stated above shall, likewise, be increased for all purposes of this Agreement.
Pinnacle’s Pay Rates for the pilot and flight attendant workgroups plus hourly impact of any Bonus Rate are compared to Parity Pay Rates.

More Definitions of Bonus Rate

Bonus Rate has the meaning set forth in Section 13.3A.1.”

Bonus Rate means, for that portion of a Participant's Account Balance allocated to the Moody's Bond Index Measurement Fund, for each Plan Year, a crediting or debiting rate, stated as an annual rate, equal to 30% of the performance of the Moody's Bond Index Measurement Fund itself, in accordance with Section 3.6.

Bonus Rate for a Plan Year shall mean an interest rate determined for each Plan Year by the Committee, in its sole discretion, which rate shall be determined on or before the first business day of the month that precedes the beginning of the Plan Year for which the rate applies.

Bonus Rate means additional factors multiplied to a beneficiary’s benefit to determine bonus payment as determined by an actuarial; and

Bonus Rate means [•] per cent.;

Bonus Rate means, for a Plan Year, an interest rate equal to 20% of the Crediting Rate determined for such Plan Year.

Bonus Rate means a percentage of the Eligible Executive’s then current base salary, which Bonus Rate shall not exceed 100%, as determined by the Administrator.