Extra Bonus definition

Extra Bonus equal to 10% of any positive difference between the Gross Profit of the Commercial Channel Division for that fiscal year and the projected Gross Profit of the Commercial Channel Division under the Commercial Channel Plan approved by XETA's Board of Directors, payable sixty (60) days after the close of each fiscal year. Such Commercial Channel Plan shall provide for no more than 25% annual growth. All incentive compensation hereunder shall commence with the fiscal year and quarter beginning November 1, 1999.
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Examples of Extra Bonus in a sentence

  • The creation or use of multiple Extra Bonus Program memberships, e-mail addresses, online identities or aliases to circumvent the single-account restriction or any other requirement or limitation specified in these Terms is prohibited and may result in your exclusion from the Extra Bonus Programs and the forfeiture of all related Extra Points, Extra Tokens, and other benefits.

  • If we cannot address your concern, your sole and exclusive remedy is to cease participating in the Extra Bonus Programs.

  • If you are dissatisfied with any aspect of the Extra Bonus Programs at any time, please contact us.

  • The Extra Bonus Programs are not open to residents of any jurisdiction where they would be restricted or prohibited by law.

  • For the avoidance of doubt, only natural individual persons 18 years of age or older using the Extra Bonus Programs in their personal capacity and for their own Account are eligible to participate in the Extra Bonus Programs; third party aggregators, groups, organizations, and business entities, are not eligible to participate in the Extra Bonus Programs.

  • Subject to the eligibility requirements stated in this Section 11, participation in the Extra Bonus Programs is voluntary and is not required to obtain any other Services.

  • Extra may freely assign or transfer the Extra Bonus Programs, Extra Points, and Extra Tokens.

  • The personal information collected from you in connection with the Extra Bonus Programs, including but not limited to purchases made in connection with your Account, will be used and disclosed by us in accordance with our Privacy Policy (see Section 13).

  • If Extra has any reason to suspect improper activity associated with your participation in the Extra Bonus Programs, Extra reserves the right to delay or withhold the issuance of any related Extra Points or Extra Tokens, and redeemed Rewards.

  • If you would prefer not to participate in either or both of the Extra Bonus Program, please contact us.

Related to Extra Bonus

  • Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).