Year End Bonus. All full time employees who have completed their probationary period as of December 15th in any year of this contract shall receive a Year End Bonus payable on the last business day before December 25th. The payment shall be in the sum of two parts.
Year End Bonus. If you have not breached of this Agreement and the Company's regulations, and are still appointed by the Company at the date of year end bonus payment, the Company will pay you [2 ] months’ basic monthly salaries as your year end bonus. The actual disbursement amount is calculated based on the proportion of your service period of the year of payment. 若 台端無違反本契約及公司規定，並於年終獎金發放之日仍受委任於本公司，本公司將發給 台端[2 ]個月之基本月薪作為 台端之年終獎金，實際發放金額依 台端於發放年度在職服務期間比例計算。
Year End Bonus. In addition to the Base Compensation, upon completion of Stage 1, the Employee was paid $242,937.50 (the "Year-end Bonus"). The Employee acknowledges that he received the Year-end Bonus.
Year End Bonus. The workers employed by the Company will have the right to an annual bonus that must be paid before December 20, equivalent to 21 days’ salary, as established by Article 87 of the Federal Labor Law.
Year End Bonus. After each calendar year during the Employment Period, Executive shall be eligible to receive an annual cash bonus (a “Year End Bonus”) with a target amount equal to 4.05% of the Adjusted Net Income for such calendar year (or such higher percentage or amount as the Compensation Committee may determine, in its sole discretion), with the amount of such Year End Bonus to be as reasonably determined by the Compensation Committee in accordance with the process and guidelines described in, and subject to the terms of, Section 3(d) and Exhibit A hereof. Executive’s Year End Bonus payable hereunder with respect to any particular calendar year shall be paid by no later than February 28th of the following calendar year, or such earlier date as the Company pays annual performance cash bonus for such calendar year to other senior executives of the Company.
Year End Bonus. Except for employees in pay grade I, all employees in the sector will be granted a structural year-end bonus, to be paid with the salary in December or (pro rata) on termination of employment. The year-end bonus is 8.33% of the gross annual salary. Gross annual salary means the gross earnings in any period, including all allowances applicable to the employee by law, except for holiday allowance and payment for working overtime, and also with the exception of the personal supplement paid in accordance with Article 1 paragraph 13b of this Collective Agreement.
Year End Bonus. For the Corporation’s fiscal year ending September 30, 2003, the Executive will receive a guaranteed bonus of no less than $100,000 (with the possibility of a higher amount, in the discretion of the Chief Executive Officer, if warranted by the performance of the Executive and the Corporation). Thereafter, the Executive will participate in the Corporation’s annual bonus program, with any awards dependent on the performance of the Executive and the Corporation.
Year End Bonus. For each 12-month period in the Term or any extension of the Term, the Executive will also be eligible for a year-end bonus of not less than US$100,000 (the "Year-End Bonus"), based upon achievement of goals and milestones during that year, the terms and achievement of which will be determined at the discretion of the Board of Directors. The Company will pay the Year-End Bonus within 30 days after the end of the Term.
Year End Bonus. Prior to the Xxxxxx Transition Date, after each calendar year during the Employment Period, Executive shall be eligible to receive an annual cash bonus (a “Year End Bonus”) in accordance with the Company’s annual bonus plan, with the amount of any such Year End Bonus (if any) to be as reasonably determined by Xxxxxx, in his capacity as the Company’s Chief Executive Officer; provided that, without in any way limiting the discretion of Xxxxxx, the Company acknowledges that Xxxxxx and the board of directors of LCC have previously agreed to a framework for determining the portion (if any) of the annual bonus pool to be paid to the members of the Company’s senior management team (which senior management team includes Executive as of the Effective Date). From and after the Xxxxxx Transition Date, after each calendar year during the Employment Period, Executive shall receive a cash bonus (also, a “Year End Bonus”) of an amount equal to not less than the Applicable Percentage (as herein defined) of Core Earnings for such calendar year. The “Applicable Percentage” means the greater of (i) 1.2% or (ii) the amount (expressed as a percentage) equal to the average of the percentage of Core Earnings represented by Executive’s Year End Bonus for each of the most recent two calendar years for which Executive has been paid a Year End Bonus prior to the Xxxxxx Transition Date. Any Year End Bonus payable hereunder shall be paid in the calendar year following the calendar year to which such performance bonus relates at the same time annual performance bonuses are paid to other senior executives of the Company but not later than February 28th of the calendar year immediately following the calendar year to which such performance bonus relates.
Year End Bonus. Executive shall also be eligible for discretionary year-end bonus related to her employment during each calendar year based on a review of Executive’s performance for the respective calendar year pursuant to the Company’s standard performance appraisal processes and subject to Executive working diligently toward and achieving overall leasing objectives. Employer will also consider a discretionary pro-rata year-end bonus for calendar year 2006 subject to Executive achieving certain lease objectives. EXHIBIT B Provided Executive has remained continuously employed through the May 29, 2007, then Executive shall have the following rights pursuant to the business terms as described below. Equity-Based Arrangements Equity Investment From and after the May 29, 2007 through to December 31, 2007, the Executive will be permitted to purchase up to 1.0% of the equity ownership (the “Equity”) of Prime Office Company, LLC (the “Company”) in the form of L.P. or similar units of the same class at a price on substantially the same other economic terms as Prime Office Company LLC’s other initial equity investors (the “Investors”). This option may not be exercised prior to May 29, 2007, and will expire on the earlier of December 31, 2007, or such earlier date that Executive’s employment with Employer is terminated, for any reason. To the extent the Company is funded through additional issuances of equity, the Executive shall be given an opportunity to purchase additional equity in an amount necessary to preserve the Executive’s 1.0% percent of ownership. The price for such additional Equity shall be the purchase price paid for the additional equity issuance that gave rise to the additional Equity purchase opportunity. The Company will provide Executive at least ten business days notice prior to any cash distributions resulting from financing or sale transactions (as opposed to from operations) to the Investors such that Executive shall have an opportunity to purchase Equity prior thereto and thereby be entitled to share in any such distribution. This notice obligation shall cease once Executive has purchased all of the Equity. Purchase Loan The Lightstone Group LLC or an affiliate thereof (“Lightstone”) will make a loan (“Loan”) available to the Executive for her purchase of the Equity. The principal and interest on the loan will be subject to a ten-year balloon repayment with interest accruing annually at 7%; provided that Executive shall be required to apply the net after-t...
