Cash Bonuses definition

Cash Bonuses means cash payments to Participants under this Plan.
Cash Bonuses means the average annual bonus earned during Executive’s latest two (2) years of employment with the Bank, including any first year signing bonus, or if Executive has been employed for less than two years, the cash bonus, including any signing bonus which has been earned in the first year of employment. The compensation and benefits payable under this Section 5(d) are hereinafter referred to as “Severance Benefits”, and the applicable period over which the Base Salary plus Cash Bonuses are payable under this Section 5(d)(i) is referred to respectively as the “Restricted Period”.
Cash Bonuses has the meaning given to it in paragraph 22 of this Schedule 2;

Examples of Cash Bonuses in a sentence

  • Notwithstanding the foregoing, all payments of Cash Bonuses shall be made on a date that allows such payments to comply with the requirements of Section 409A of the Code.

  • Under the Plan, the Committee may grant to Participants (i) Options, (ii) shares of Restricted Stock, (iii) shares of Phantom Stock, (iv) Stock Bonuses and (v) Cash Bonuses.

  • The geotechnical investigations that were performed indicated that the ground was composed of:• Approximately 3.5 to 4.5m of peat and soft organic clay with occasional bands of sand and silt.

  • All the accrued Cash Bonus(es) and the benefits under the lapsed Policy shall be revived upon such revival without interest.

  • All payments made under this Agreement (including Base Salary, Cash Bonuses, and other amounts) shall be subject to withholding for income taxes, payroll taxes and other legally required deductions.

  • The Cash Bonus(es) will be declared on the Guaranteed Maturity Sum Assured and on the accrued Paid Up Additions, if any which were purchased and have not been withdrawn by You in the past.

  • Additionally, it is the current practice that SSB members being appointed based on their experience, and not on their proficiency in Islamic finance.Currently, the IFIs adopt many types of Shariah audit practices.

  • The earned Cash Bonus for the year shall be paid when Cash Bonuses are paid to other executive officers of the Employer with respect to such year.

  • Except as set forth in this Section 1.4 and Section 1.3, all of the Executive’s rights to receive Base Salary, Benefits and Cash Bonuses hereunder (if any) which accrue or become payable after the termination of the Employment Period shall cease upon such termination.

  • Long-Term Cash Bonuses shall be paid in cash or Restricted Stock Awards, as determined by the Committee and subject to the remaining terms of this Plan.


More Definitions of Cash Bonuses

Cash Bonuses has the meaning given to that term in clause 7.8;
Cash Bonuses means the average annual bonus earned during the Executive’s latest two years of employment with the Company, including any first year signing bonus, or if the Executive has been employed for less than two years, the cash bonus, including any signing bonus which has been earned in the first year of employment. In the event of a termination pursuant to Section 4(d), the Bank (or its successor) shall pay the Executive a total of two (2) times the sum of his Base Salary plus Cash Bonus, which shall be payable in twenty-four (24) equal monthly installments over the two (2) years following such termination. In addition, in each case under this Section 5(c), the Bank shall continue to pay the Executive or his spouse and eligible beneficiaries, hospitalization insurance premiums (including major medical), long term disability premiums and life insurance premiums for a period of two (2) years or until his earlier death. The compensation and benefits payable under this Section 5(c) are hereinafter referred to as "Severance Benefits", and the applicable periods over which the Base Salary plus Cash Bonuses are payable under this Section 5(c) are referred to respectively as the “Restricted Period”. The payment of Severance Benefits is in recognition and consideration of the value of continued services by Executive to the Bank and is not in any way to be construed as a penalty or damages. Executive shall not be required to mitigate the amount of any payment of Severance Benefits by seeking other employment or otherwise. The payment of Severance Benefits shall not affect any other sums or benefits otherwise payable to Executive under any other employment compensation or benefit or welfare plan of the Bank.
Cash Bonuses has the meaning set forth in Section 2.12.

Related to Cash Bonuses

  • Annual Bonus shall have the meaning set forth in Section 4(b) below.

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • 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).

  • Target Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.