Total Bonus definition
Examples of Total Bonus in a sentence
B) Total Bonus so calculated in a contract in its lifetime shall be a maximum of 5 (five) percent of the total contract value.
The Total Bonus Pool shall be payable within 90 days after the end of Employer's fiscal year commencing with the fiscal year ended September 30, 1998.
So long as any Total Bonus Pool Participant is an employee of Employer, the full amount of the Total Bonus Pool shall be dispersed to the Total Bonus Pool Participants annually.
Employee is eligible for an annual bonus, if any, which will be determined and paid in accordance with policies set from time to time by the Board in addition to amounts received from the Total Bonus Pool pursuant to Section 10 hereof.
Up to twelve and a half percent (12.5%) of the Total Bonus Amount shall be payable within 30 days of the end of each fiscal quarter (for a total of up to 50% of the Total Bonus Amount), based on Executive’s achievement of quarterly objectives, and up to fifty percent (50%) of the Total Bonus Amount shall be payable within 30 days after the end of the fiscal year, based on Executive’s achievement of annual objectives.
The bonus payment due hereunder is calculated with reference to the Total Bonus Percentage for the Reporting Unit in which Recipient participates.
Each of Employee, ▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (collectively the "Total Bonus Pool Participants") shall be entitled to a portion of an amount equal to ten percent (10%) of Employer's earnings before income taxes up to a maximum of $150,000 per Annual Period ("Total Bonus Pool").
The allocation of the Total Bonus Pool to each Total Bonus Pool Participant shall be as follows: Employee - 40%; ▇▇▇▇▇▇ ▇▇▇▇▇▇-40%; ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-20%.
The allocation of the Total Bonus Pool to each Total Bonus Pool Participant shall be as follows: Employee - 40%; ▇▇▇▇▇▇ ▇▇▇▇▇▇ - 40%; ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ - 20%.
Fifty percent (50%) of each Affected Employee’s Total Bonus Amount shall be attributable to their compensation bonus for the current fiscal year, which shall be paid by Parent or the Surviving Company, as the case may be, to each Affected Employee in accordance with the Company’s historical practice.