Long-Term Bonus definition

Long-Term Bonus means a bonus payable to an Eligible Employee under the Plan.

Long-Term Bonus means the amount of Incentive Compensation which may be earned by a particular eligible Key Employee for a particular Incentive Cycle.

Long-Term Bonus means (i) any long term incentive award(s) payable to Executive pursuant to the TETRA’s Cash Incentive Compensation Plan, or any successor plan as adopted by TETRA and in which the Executive participates, and (ii) any other long term cash incentive or bonus award(s) granted by the Company or TETRA to the Executive.

Examples of Long-Term Bonus in a sentence

• The Annual Bonus Plans and the Long-Term Bonus Plans are referred to as the “Bonus Plans.” The Executive may be awarded such restricted shares, share options and other equity-based awards under the Company’s equity compensation plans (“Equity Awards”) as the Compensation Committee determines to be appropriate in its sole discretion.

• The Long-Term Bonus will be determined by reference to the Company’s net asset value per share total return (debt at par, excluding the effect of share buybacks or issuance) relative to its benchmark, as set out in the Company’s audited annual accounts for the applicable financial years.

• The Long-Term Bonus will be halved if, despite outperformance of the benchmark over the relevant three financial years, the Company’s net asset value total return per share is negative over that period.

• The Employee will be eligible to earn a Long-Term Bonus during the Employment Period on the basis of the achievement of performance goals during a three-year performance period.

• The evaluation is being conducted to determine if use in an assembly to protect openings against the spread of fire and smoke will comply with NFPA 80-10 Standard for Fire Doors and Other Opening Protectives.

More Definitions of Long-Term Bonus

Long-Term Bonus means (i) any long term incentive award(s) payable to Executive pursuant to the Company’s Cash Incentive Compensation Plan, or any successor plan as adopted by the Company, and (ii) any other long term cash incentive or bonus award(s) granted by the Company to the Executive.

Long-Term Bonus means any current or future bonus based on pre-established (within the meaning of Treas. Reg. §1.409A-1(e)(1) or any successor thereto) individual or corporate performance goals relating to a performance period of at least 12 consecutive months during which the Participant performs services for the Company or any subsidiary.

Long-Term Bonus means a Bonus determined and paid pursuant to Section 7.

Long-Term Bonus means any compensation relating to services performed during any calendar year(s), whether or not paid in a calendar year or included on Form W-2 for the calendar year, payable to a Participant as an Employee under the Company’s written Long Term Bonus Plan, or similar long term bonus plan offered by the Company from time to time, as distinguished from a Bonus as defined herein.

Long-Term Bonus has the meaning set forth in Section 2.3(c) of this Agreement.

Long-Term Bonus means a Bonus determined and paid pursuant to Section 6. ACTIVE/71630888.6

Long-Term Bonus means any bonus amount payable to a Participant pursuant to the Long-Term Program.