Outperformance Bonus Program definition

Outperformance Bonus Program means the Company’s 2004 Outperformance Bonus Program.
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Examples of Outperformance Bonus Program in a sentence

  • Subject to the terms and conditions of the Company’s 2004 Outperformance Bonus Program, Executive shall be eligible to receive an outperformance award thereunder, representing % of the total bonus pool available under the Outperformance Bonus Program.

  • Subject to the terms and conditions of the Company's 2004 Outperformance Bonus Program, Executive shall be eligible to receive an outperformance award thereunder of 20,000 shares of the Company's common stock.

Related to Outperformance Bonus Program

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.

  • 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.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Bonus means the bonus described in the Section 2.3.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.