Objective Bonus definition

Objective Bonus means a bonus based on the degree of achievement of the Performance Targets for the Business Criteria.
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Objective Bonus means the bonus determined based on the EBIT target established by the Committee for a Fiscal Year. A Participant's target Objective Bonus for a Fiscal Year will equal two-thirds (2/3) of his Target Bonus for such Fiscal Year. A Participant's actual Objective Bonus for a Fiscal Year will equal the portion or multiple, if any, of his target Objective Bonus that is payable under Section 4(a) based on the actual EBIT for such Fiscal Year.
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Objective Bonus means a bonus based on the degree of achievement of the Performance Targets for the Business Criteria (including any Objective Bonuses reduced for failure to satisfy any Additional Objective Criteria) and solely for the Additional Objective Criteria.
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Examples of Objective Bonus in a sentence

  • The Company currently maintains a Management By Objective Bonus Program (the "MBO Program") as may be modified from time to time.

  • You acknowledge and agree that with the exception of the severance payment referenced herein, you are not eligible or entitled to receive any other type of bonus payment by the Company, including any bonuses through the Management By Objective Bonus Program ("MBO Program") for the year in which you are terminated or any other period.

  • For the year ending December 31, 1999 and subsequent calendar years, Executive will be entitled to receive, in addition to the annual base salary described above, a bonus upon achievement of specified objectives submitted by Executive and approved by the President of AVT (the "Objective Bonus").

  • Neither an Upgrade nor a Migration will serve to retire the Sales Representative's Usage Product family objective, and neither an Upgrade nor a Migration is subject to an Objective Bonus.

  • The Company currently maintains a Management by Objective Bonus Program (the "MBO Program").

  • You acknowledge and agree that with the exception of the severance payment referenced herein, you are not eligible or entitled to receive any other type of bonus payment by the Company (as defined in your Letter Agreement), including any bonuses through the Management By Objective Bonus Program ("MBO Program") for the year in which you are terminated or any other period.

  • Neither an Upgrade nor a Migration will serve to retire the AD's Usage Product family objective, and neither an Upgrade nor a Migration is subject to an Objective Bonus.

  • Employee specifically acknowledges that she is not entitled to receive any type of bonus through the Management By Objective Bonus Program ("MBO Program") or any type of bonus through the Retention Bonus Program paid by the Company for the calendar years 2000 or 2001.

  • The Objective Bonus payable for 1999 shall be $25,000 and Executive shall submit his proposed specified objectives to the President of AVT on or before May 15, 1999.

  • For Objective Bonuses payable with respect to 2000 and succeeding calendar years the amount of the bonus shall be agreed to by Executive and the President of AVT but it shall in no event be less than $25,000 and Executive shall submit his proposed specified objectives on or before March 15 of the calendar year to which the Objective Bonus relates.


More Definitions of Objective Bonus

Objective Bonus means the amount paid as the Upfront Payment once an AD exceeds the sales volume thresholds, as those sales volumes are stated in dollars, and which are related to the AD's annual product family sales objective in each State. The amount of the Objective Bonus payment may increase over the term of this Agreement based upon the AD's objective relative to other ADs' objectives. The Objective Bonus payment shall apply only to New sales of Products which retire the objective for its product family in the Objective Territory.
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