Cash Bonus Pool definition

Cash Bonus Pool means that amount of cash actually available for Cash Bonus Awards in any given Plan Year, as determined in accordance with Section 3 of the Guidelines.

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Cash Bonus Pool shall have the meaning set forth in Section 6 hereof.

Cash Bonus Pool means an amount not to exceed $5,000,000 in the aggregate, payable as set forth in the Company Disclosure Schedule; provided, that such amount shall include the amount of any employer Taxes (including payroll taxes) payable with respect to any payment of a Cash Bonus to a Cash Bonus Recipient.

Examples of Cash Bonus Pool in a sentence

Upon payment of the Cash Bonus Pool, the Executive shall be entitled to receive a portion thereof in accordance with the terms and provisions of the understanding by and among the Corporation Senior Managers.
If the allocated amount of the Cash Bonus Pool to which the Executive is entitled is less than the amount of the Executive's draws for the fiscal year, the Executive shall repay the difference to the Corporation within one hundred twenty (120) days after the Corporation informs the Executive in writing of the deficiency, with a calculation thereof in reasonable detail.
The Cash Bonus Pool for any fiscal year during the Term shall be determined after the close of such fiscal year.
Bonus Pool shall be subject to the approval of the Corporation's stockholders to the extent necessary such that all payments under the Cash Bonus Pool will be fully deductible under Section 162(m) of the Code, and the Corporation shall used its reasonable best efforts to obtain such approval on a timely basis consistent with the provisions of this Section 6.
The Cash Bonus Pool for any Fiscal Year during the Term shall be determined after the close of such Fiscal Year as promptly as practicable after completion of the Corporation's audited financial statements for such Fiscal Year.
The CEO and the Executive Committee shall work with the CFO to establish an appropriate Cash Bonus Pool consistent with the above provisions based on the Company’s financial performance in any given quarter and for the fiscal year.
Specifically, the Acquiror and ▇▇▇▇ ▇▇▇▇▇▇▇ (the “Bonus Administrator”) will agree in good faith on which of the Eligible Bonus Recipients will receive cash bonus awards from the Bonus Pool Account (the “Awards”) and the amount of each such Award, provided that the aggregate of all Awards will initially be equal to the Employee Cash Bonus Pool Amount.
Any Cash Bonuses paid to the Partners will be based on the actual funds available in the Cash Bonus Pool, regardless of whether such amount is less than the Target Cash Bonus.
The Company will pay you $20,000 (the “RRA Bonus Payment”), representing the Filing Cash Bonus Pool amount pursuant to that certain side letter agreement executed by you and ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc.
Upon completion of the Job Performance Evaluations of all Participants at the end of the fiscal year, the management of the Company shall allocate the approved Cash Bonus Pool among the Participants based upon the evaluations.

More Definitions of Cash Bonus Pool

Cash Bonus Pool means a fixed cash compensation bonus pool amount for each of the calendar years 2016, 2017, and 2018 that, if earned, shall be distributed by the Participant Representative, with consent of Parent, which consent shall not be unreasonably withheld, to then current employees of Company on or around April 1 of the year following the calendar year for which the Cash Bonus Pool amount is earned. No Cash Bonus Pool amounts shall be deemed earned by any employee until the Participant Representative distributes such amounts to a current employee of Company. [***].

Cash Bonus Pool means, for each Plan Year, such amount as is determined by the Committee in its discretion and set forth as the Cash Bonus Pool for such Plan Year in Participants’ Bonus Award Notices for such Plan Year.