Fiscal 2008 definition
Examples of Fiscal 2008 in a sentence
You shall have the opportunity to earn a cash incentive based on the Company’s and your personal performance during Fiscal 2008.
If the Company fails to negotiate a new Cash Incentive Plan for any year after Fiscal 2008, then the Annual Cash Incentive in effect for the preceding year will govern.
Payment of 2008 Bonus will be at fiscal year end and will be determined by the Compensation Committee of the Board of Directors prior to the end of Fiscal 2008.
Your targeted annual incentive compensation (“Bonus”) for Fiscal 2008 is $100,000.
Provided Executive remains an employee of Corporation through at least March 31, 2008 (or March 31 of any subsequent Fiscal Year that begins during a Renewal Year), Corporation will pay Executive a bonus under the Incentive Plan equal to the sum of the Corporate Performance Incentive Bonus for Fiscal 2008 (or such subsequent Fiscal Year) and the Personal Performance Incentive Bonus for Fiscal 2008 (or such subsequent Fiscal Year).
The Company agrees to negotiate in good faith a new Annual Cash Incentive Plan for each year of D▇▇▇▇’▇ employment subsequent to Fiscal 2008.
The Executive shall be entitled to receive a guaranteed incentive bonus of $50,000 for the fiscal year ending June 30, 2008 (“Fiscal 2008”) under the annual bonus plan if he remains employed until the end of Fiscal 2008, with such bonus to be paid in September 2008.
For the avoidance of doubt, the Applicable Cumulative Target for the first whole fiscal year commencing on February 3, 2008 shall be calculated by multiplying the sum of (A) the Company’s actual Earnings per Share for the first and second fiscal quarters of the Company’s 2008 Fiscal Year and (B) the Applicable Annual Target of Earnings per Share for the Second Half of Fiscal 2008, by 1.
Subsequent to Fiscal 2008, the Executive shall have the opportunity to earn an incentive bonus of 25% to 45% of Base Salary under the annual bonus plan, dependent upon the achievement of specified goals.
Your targeted annual incentive compensation (“Bonus”) for Fiscal 2008 is $250,000 pro-rata for the remainder of the fiscal year from the Effective Date of this Agreement.