MBO Incentive definition

MBO Incentive has the meaning given to it in the Escrow Deed;

Examples of MBO Incentive in a sentence

  • Such amount shall be calculated based on the two full months prior to cessation of employment compared to the MBO Incentive Plan projected forward for a period of twenty-four months.

  • The Target Bonus shall be calculated in accordance with the Lantronix MBO Incentive Program, revision 0.2x, attached hereto and incorporated herein as Exhibit "2." Bonus can be equal to 200% of Target Bonus, if appropriate metrics are obtained.

  • In addition to said base salary, --------------------------- Employee shall also receive a bonus amount calculated in accordance with the Lantronix MBO Incentive Program, revision 0.2x, incorporated by reference and attached to Exhibit "2." Said bonus amount shall be paid quarterly and in an amount up to 30% of the annual base salary referenced in Paragraph 3.1 above.

  • Annual Incentive (Bonus): You are eligible to participate in the RealNetworks Executive MBO Incentive Bonus program, allowing you to earn an annual bonus of 100% of your base salary.

  • In addition to said base salary, Employee shall also ----- receive a bonus amount calculated in accordance with the Lantronix MBO Incentive Program, revision 0.2x, attached hereto and incorporated herewith as Exhibit "2A." Said bonus amount shall be paid quarterly and in an amount up to 30% of the annual base salary referenced in Paragraph 3.1 above.