EVA Plan definition
Examples of EVA Plan in a sentence
For the year during which a Change of Control occurs and any subsequent year, your "Earned Bonus Amount" means your Declared Bonus for that year (as determined under the EVA Plan).
For any year for which the Executive EVA Incentive Compensation Plan (the "EVA Plan") is in effect prior to the year during which a Change of Control occurs, your "Earned Bonus Amount" means your Declared Bonus for that year (as determined under the EVA Plan) multiplied by a fraction the numerator of which is your Bonus Award Earned for that year (as determined under the EVA Plan) and the denominator of which is your Available Bonus for that year (as determined under the EVA Plan).
For the 2005 bonus plan year, the Executive shall be eligible for a target bonus under the Company’s EVA Plan equal to 100% of his Base Salary provided that all performance goals set by the Company are met.
For any year for which the EVA Plan is in effect prior to the year during which a Change of Control occurs, your "Earned Bonus Amount" means your Declared Bonus for that year (as determined under the EVA Plan) multiplied by a fraction the numerator of which is your Bonus Award Earned for that year (as determined under the EVA Plan) and the denominator of which is your Available Bonus for that year (as determined under the EVA Plan).
Employee shall be provided with a copy of the EVA Plan within thirty (30) days of execution of this Agreement.
The Employee's Target Bonus for purposes of the EVA Plan shall be such percentage of Employee's Base Salary as shall, from time to time, be determined by Employer.
EVA Based Incentive Plan, as the same may be from time to time amended and in effect (the "EVA Plan").
Employee's actual bonus shall be calculated in accordance with the terms of the EVA Plan.
Except as otherwise provided in Section 8(a) of the EVA Plan, the Participant's termination of employment during the Restriction Period shall result in the forfeiture of all Restricted Stock as to which the Restrictions have not lapsed, and the Participant shall be required to return all applicable stock certificates to the Corporation.
Additionally, such employment agreements shall modify the Change of Control Compensation Agreements and the payment terms of the Company's EVA Plan to the extent reasonably acceptable to the Buyer.