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.

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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

• Upon termination of the Agreement for any reason, the Company’s sole duty and obligation shall be to pay the Contractor any Fees or Incentive Bonus, as the case may be, which have been earned on or before the termination date, and to reimburse the Contractor for any Authorized Expenses which the Contractor has incurred on or before the termination date.

• Purchaser shall have delivered evidence on or before the Closing Date that it has set aside and allocated an amount to be paid as an incentive to certain Employees (the “Eligible Employees”) of Aerodyn to induce such Eligible Employees to continue their employment with Aerodyn on and after Closing (the “Incentive Bonus”), with the Eligible Employees and amount of the Incentive Bonus to be determined by Purchaser in its sole discretion.

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 shall have the meaning assigned to it in Section 6.

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

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.