Variable Compensation Pool definition
Variable Compensation Pool means the Variable Compensation Pool, if any, applicable to a Participant for a particular Fiscal Quarter, which may be expressed as a percentage of the Net Revenue for such Fiscal Quarter, as designated in Exhibit A.
Examples of Variable Compensation Pool in a sentence
The VCP (Variable Compensation Pool) is equal to the ATBS of the employees multiplied by the percentage of base determined by MCC’s performance and the table above.
The Company shall pay the Executive variable compensation for each quarter of each calendar year during the Term of Employment in amounts determined in accordance with the terms and provisions of the Variable Compensation Pool Plan.