Potential Bonus Award definition

Potential Bonus Award means the amount of any Bonus Award which a Plan Participant can earn under the 2015 Plan pursuant to the terms and subject to the satisfaction of the conditions set forth in this Plan.
Sample 1
Potential Bonus Award means the bonus award an Employee may potentially earn as described in Section 4.1.
Sample 1
Potential Bonus Award means the amount of the Bonus Awards which a Plan Participant can earn under the 2013 Plan pursuant to the terms of and subject to the satisfaction of the conditions set forth in this Plan. 1.2 Rules of Interpretation. For purposes of interpreting the provisions of this Plan: (i) the word “or” will not be exclusive; (ii) the word “include” and its correlatives will mean “including without limitation”; (iii) terms that imply gender will include all genders; (iv) defined terms will have their meanings in both the plural and singular cases; (v) the terms “hereof”, “herein”, “hereunder”, “hereto”, “hereafter” and “hereinafter” and any similar terms shall refer to this Plan as a whole and not to the particular section, paragraph or clause where any such term appears, unless the context clearly indicates otherwise; and (vi) the section and paragraph headings in this Plan are for convenience of reference only and will not limit or otherwise affect the interpretation or application of any of the terms or provisions of this Plan.
Sample 1

Examples of Potential Bonus Award in a sentence

  • By May 1 of the year following the particular Program Year, the Chief Executive Officer shall submit to the Board a report on the Company’s results in achieving the target performance levels and the management recommended Potential Bonus Awards based upon the Potential Bonus Award levels for such Program Year.

  • The Board shall have the power to modify, suspend or terminate the Program at any time and for any reason, and shall not be bound by the previously approved performance criteria, Potential Bonus Award levels or management recommendations.

  • The Board shall establish maximum Potential Bonus Award levels, which may vary for each level.

  • The maximum Potential Bonus Award level will be communicated in writing to each eligible Employee.

  • In the event an Employee changes levels during the Program Year, the Potential Bonus Award may, at the discretion of the Committee, be adjusted to reflect the number of months spent in each level.


More Definitions of Potential Bonus Award

Potential Bonus Award means the amount of the Bonus Awards that Plan Participants can earn under the 2012 Plan pursuant to the terms and subject to the satisfaction of the conditions set forth below in this Plan.
Sample 1

Related to Potential Bonus Award

  • Bonus Award means a bonus award made pursuant to Section 9.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • 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.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • 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 all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.

  • Cash Award means an award denominated in cash.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Stock Bonus Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Award Opportunity means a cash award opportunity established under the Plan for a Participant by the Committee pursuant to such terms, conditions, restrictions and/or limitations, if any, as the Committee may establish.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Target Award means the target award, at 100% of target level performance achievement, payable under the Plan to a Participant for the Performance Period, as determined by the Committee in accordance with Section 3(b).

  • Bonus means the bonus described in the Section 2.3.

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

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • Performance Awards means Performance Units, Performance Shares or either or both of them.