The Bonus definition

The Bonus means the MortgageSaver Bonus as explained in clause 2 of these terms and conditions.
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The Bonus. Increment shall equal the annualized average of all bonuses and incentive compensation payments including stock options paid or payable to Executive during the Employment Period under all of the Company's bonus and incentive compensation plans or arrangements, if any.
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The Bonus. Increment shall equal the annualized average of all bonuses and incentive compensation payments paid to Executive during the two (2) year period immediately before the date of Executive's Qualifying Termination under all of the Company's bonus and incentive compensation plans or arrangements.
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Examples of The Bonus in a sentence

  • The Bonus is not counted towards calculation of the required Commitment Value.

  • The Bonus shall be paid during the calendar year following the performance calendar year.

  • The Bonus and/or Incentive Payment Plan and description must be submitted during the Transition Phase, no later than 30 days after the Effective Date of the Contract.

  • The Bonus if paid shall be paid in accordance with, and subject to, the normal payroll policies of AXOGEN with respect to similar forms of compensation, including, without limitation, being subject to all appropriate withholding taxes.

  • The Bonus Plan (including Executive’s target bonus rate under such Bonus Plan) is a discretionary, non-contractual benefit, which the Company reserves the right to amend or withdraw at any time.

  • The Bonus will depend on the Parent Company attaining a minimum of 95% of its projected GAAP Earnings Per Share, as set forth in Appendix C to this Agreement.

  • The Bonus shall be based upon Parent Company’s projected fully diluted earnings per share calculated in accordance with GAAP for each fiscal year (“GAAP Earnings Per Share”).

  • The Bonus will be subject to all applicable withholdings and will be paid (to the extent earned) between January 1 and March 15 of the year following the end of the year in which the Bonus was earned, unless otherwise provided herein.

  • The Bonus, if earned, will be paid no later than March 15 of the calendar year after the year to which it relates.

  • The Bonus will be specified by the Board, and the Bonus will be reviewed at least annually by the Board.


More Definitions of The Bonus

The Bonus plan is defined by the Board of Directors for each fiscal year, and, during the Company's fiscal year 2000, it shall be based on the Company achieving specific changes in economic profit generated or Economic Value Contributed ("EVC"). The fiscal year 2000 EVC plan for the Company will be provided in a separate document. However, some of the major provisions of the plan provide for an EVC target, indexing Company EVC performance to the market, and additional bonus payment for over target EVC performance not to exceed 75% of the at-plan Bonus amount, i.e., for fiscal year 2000 not to exceed $210,000 over the Bonus amount of $280,000 specified in 4.a.
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