Loyalty Bonuses definition

Loyalty Bonuses means bonuses or other incentive compensation payable to certain Company Employees in the amounts disclosed in writing to Buyer prior to the date hereof, contingent on the occurrence of the Closing, in an aggregate pre-tax amount not to exceed $5,000,000.
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Examples of Loyalty Bonuses in a sentence

  • The 2023 Employee Loyalty Bonuses will be issued within fourteen days of the County Board of Commissioners’ Approval of this contract.

  • The 2024 Employee Loyalty Bonuses will be issued one year from the date of the issuance of the 2023 Employee Loyalty Bonus payments.

Related to Loyalty Bonuses

  • 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:

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • 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.

  • 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.

  • Bonuses means current cash compensation over and above Base Salary whether awarded under the Company’s Incentive Compensation Plan or otherwise awarded.