Bonus Year definition

Bonus Year means an annual bonus period under the MIC Plan or a New MIC Plan.

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Bonus Year shall have the meaning set forth in Section 2(b) of this Agreement.

Bonus Year means fiscal year of the Company, PROVIDED, HOWEVER, that in the event the fiscal year of the Company is changed, any calculations made under Section 3.2 and Exhibit A shall be proportionately adjusted as the Board, in its sole and absolute discretion, shall deem appropriate.

Examples of Bonus Year in a sentence

Each such Annual Bonus, if any, will be paid within ten (10) days after the Chief Executive Officer certifies that the applicable performance metrics and targets for the applicable Bonus Year have been achieved (based upon the audited financial statements of the Company), but in all events in the calendar year following the applicable Bonus Year and following the completion of the Company’s financial audit for such Bonus Year.
Each Annual Bonus, if any, shall be paid as soon as feasible after the Board (or a committee thereof) certifies whether the applicable performance targets for the applicable Bonus Year have been achieved.
Notwithstanding anything in this Section 3(b) to the contrary, except as expressly provided in Section 7, no Annual Bonus, if any, shall be payable for any Bonus Year unless Executive remains continuously employed by the Company from the Effective Date through the date on which such Annual Bonus is paid.

More Definitions of Bonus Year

Bonus Year shall have the meaning set forth in Section 6.

Bonus Year means the period of January 1 to December 31 each year, used by the Employer to assess awards to the Employee under the Annual Incentive Plan or any other bonus or incentive plan established by the Employer;

Bonus Year. ’ shall mean the calendar year for which an annual bonus is payable.

Bonus Year means any fiscal year of the Company.

Bonus Year means the financial year of the Company (or other relevant period) over which the Bonus is earned by reference to performance over that financial year (or other relevant period);

Bonus Year or “Year” shall mean a fiscal year ending March 31.

Bonus Year or "Year" shall mean a calendar year;