Time Bonus definition

Time Bonus means the amount that Construction Manager will be eligible to receive upon achievement of each Milestone, as set forth in Section 6.4.
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Time Bonus means a Bonus paid to a Participant for the achievement of a Time Goal.
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Examples of Time Bonus in a sentence

  • If the Executive’s employment is terminated by the Executive without Good Reason or terminated by the Company for Cause within one (1) year of the Commencement Date of this Agreement, Executive must refund 100% of the One Time Bonus amount to the Company.

  • If the Executive’s employment is terminated by the Executive without Good Reason or terminated by the Company for Cause within two (2) years of the Commencement Date of this Agreement, Executive must refund 50% of the One Time Bonus amount to the Company.

  • The section of the Offer Employment relating to the One Time Bonus shall be removed, as you confirmed receipt of your 2019 annual bonus from your then-current employer.

  • Immediately prior to the Effective Time, subject to the Executive's release of all claims under the Prior Agreement and the Executive's continued employment with Kroll through immediately prior to the Effective Time, Kroll shall pay to the Executive an amount equal to the amount set forth on Exhibit A (the "Effective Time Bonus").

  • Accordingly, all regular, normally scheduled crews at the No. 2 will receive the following Company Time Bonus, as follows: per/ shift per/ shift per/ shift However, the Company Time Bonus, is subject to obtaining our objectives as per the aforementioned.

  • The allocation of Purchase Price for intangible property and tangible personal property is set forth on the Allocation Schedule, the Effective Time Inventory Statement and the Effective Time Bonus Payable Statement.

  • The Severance Payments shall be payable in periodic installments in accordance with the Company's standard payroll practices, provided however that any such One Time Bonus due under this paragraph 7b (iii) shall be paid within 30 days following completion of the audit of the annual financial statements of the Company for the fiscal year in question.

  • Annual leave and Rostered Days Off are not included for the purpose of calculating the Lost Time Bonus.

  • For the avoidance of doubt, and notwithstanding anything herein to the contrary, the Effective Time Bonus shall not be taken into account in computing any benefits under any plan, program or arrangement of the Affiliated Group.

  • In the event that the proceeds of the exercise of the Stock Options exceed the One Time Bonus (the “Stock Option Excess”), Seller may issue a dividend to the Stockholders for any or all of the amount of such excess in accordance with Section 4.3(c).

Related to Time Bonus

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • 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.

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

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).