Incentive Bonus definition

Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

Incentive Bonus has the meaning set forth in Section 3(b).

Incentive Bonus means a bonus opportunity awarded under Section 12 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria established for a specified performance period as specified in the Award Agreement.

Examples of Incentive Bonus in a sentence

• The Committee shall determine the timing of payment of any Incentive Bonus.

• The Administrator shall determine the timing of payment of any Incentive Bonus.

• Payment of the amount due under an Incentive Bonus may be made in cash or in Shares, as determined by the Administrator.

• The Administrator may provide for or, subject to such terms and conditions as the Administrator may specify, may permit a Participant to elect for the payment of any Incentive Bonus to be deferred to a specified date or event.

• The Administrator shall establish the performance criteria and level of achievement versus these criteria that shall determine the target and maximum amount payable under an Incentive Bonus, which criteria may be based on financial performance and/or personal performance evaluations.

More Definitions of Incentive Bonus

Incentive Bonus as defined in Section 2.2 hereof.

Incentive Bonus means the amount established pursuant to this Section 4(a).

Incentive Bonus means, for each Eligible Executive, a bonus opportunity amount determined by the Committee pursuant to Section 5 below.

Incentive Bonus shall have the meaning assigned to it in Section 6.

Incentive Bonus means a bonus opportunity awarded under Section 11 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria established for a performance period of not less than one year as are specified in the Award Agreement.

Incentive Bonus means the amount established pursuant to this Section 6(b).

Incentive Bonus has the meaning set forth in Section 3(b), and for purposes of determining a Severance Amount, the term shall include any amounts subject to Executive’s elective deferrals under a deferred compensation plan of the Company and shall specifically exclude Company contributions under a deferred compensation plan of the Company.