Examples of Performance Bonus Plan in a sentence
For a description of the Annual Performance Bonus Plan, see ‘‘The 2020 Annual Performance Bonus Plan’’ in the CD&A on pages 27-28.
Mr. Gauthier also is eligible to receive an annual performance bonus each year as determined by the Board under VSE's Performance Bonus Plan.
The Company maintains a performance bonus plan for its senior executives which provides for a bonus of up to 50% of the executive's base salary in the event certain performance targets, based upon revenue and operating profitability, are achieved and also provides for additional incentive bonuses based upon pre-established metrics (the "Performance Bonus Plan").
Executive Incentive Compensation Plan or the American Savings Bank Performance Bonus Plan, as applicable, whether deferred or nondeferred, and whether paid in the form of cash or stock.
The Performance Bonus Plan also provides for an increase in the available bonus pool for performance in excess of a specified net income after tax performance target (the "over target bonus").