Yearly bonus definition

Yearly bonus means a bonus that a NBCT receives in each of years two (2) through ten (10) of the 10-year life of the certificate. The amount is $5,000. This provision shall apply only to the extent that necessary funds are appropriated to the Department.
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Yearly bonus means a payment in the amount $5,000 that a NBCT receives annually under Section 6.02. This provision shall apply only to the extent that necessary funds are appropriated to the Department.
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Yearly bonus. The bonus plan for 1995 shall be based upon the milestones listed below. The bonus shall become payable in the amounts stipulated below upon the achievement of these milestones up to a maximum of $50,000.
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More Definitions of Yearly bonus

Yearly bonus means a bonus that a NBCT receives in each of years two (2) through ten (10) of the 10-year life of the certificate. The amount
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Yearly bonus means a bonus that is given once every school year following the year of initial certification.
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Related to Yearly bonus

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

  • 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.

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

  • 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.

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