Bonus Pool. Not later than 90 days after the beginning of each fiscal year, the Committee will establish a bonus pool (the “Bonus Pool”) equal to a percentage of one or more pre-established, objective Company performance factors (e.g., EBITDA, ROIC or sales) selected by the Committee for the fiscal year. The performance factors and the applicable percentage thereof that make up the Bonus Pool for the [year] fiscal year (the “Performance Period”) are set forth in Appendix I, along with the percentage share in the Bonus Pool to be reserved as an Annual Bonus Pool Award to the Participant for the Performance Period.
Bonus Pool. During the Employment Term, the Executive shall be entitled to participate in the Company’s bonus incentive pool, on such terms as the Board shall approve from time to time.
Bonus Pool. 4.1 For each of the fiscal years of the Company, provided that the EBITDA Target (as hereinafter defined) for such fiscal year shall have been attained, the Company shall establish a bonus pool in an amount equal to a percentage of EBITDA (as hereinafter defined) for such fiscal year as determined by the Board in consultation with Stuaxx Xxxxxxx xxx Howaxx Xxxxxxxx xxx so long as they are employed by the Company (the "Bonus Pool"); provided, however, that the Bonus Pool for any fiscal year shall not exceed that amount which, when deducted from EBITDA, would result in EBITDA for such fiscal year net of the Bonus Pool of less than $5,500,000.
Bonus Pool. The Company intends to create a bonus plan based upon the earnings of the Company to provide incentives for certain employees of the Company and its subsidiaries. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Board of Directors of the Company or a duly constituted committee thereof, in their discretion. Nothing in this Agreement shall require the Company to pay any such bonus.
Bonus Pool. 3-D intends to create a bonus plan based upon the earnings of 3-D to provide incentives for certain employees of 3-D and its subsidiaries, including the Company. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Compensation Committee of the Board of Directors of 3-D, in its discretion. Nothing in this Agreement shall require 3-D to pay any such bonus.
Bonus Pool. Executive shall participate to the extent of the percentage determined by the Board of Directors of Employer in the bonus pool (the “Bonus Pool”) created with respect to each accident underwriting year, consisting of that portion of the underwriting profit for such year designated by the Board of Directors of Employer.
Bonus Pool. The aggregate bonus pool for a fiscal year shall not exceed 10% of Consolidated Operating Income for such fiscal year, and the actual amount shall be determined by the Committee in its sole discretion. If the number does exceed 10% of operating income, the difference shall be paid in stock. "Consolidated Operating Income" means the Company's consolidated operating income for the fiscal year. The calculation of Consolidated Operating Income shall be in accordance with generally accepted accounting principles (including FAS 14), adjusted to exclude the following:
Bonus Pool. The size of the annual Bonus Pool will be based upon the achievement of growth in annual revenues and the annual growth in EBIT (Earnings Before Interest and Taxes). In principle, the size of the Bonus Pool will be calculated based on the formula:
Bonus Pool. (a) Prior to the Mailing Date, NYBOT shall deliver to ICE and the Exchange Agent, in writing, a schedule (the “Allocation Schedule”) setting forth an allocation of up to an aggregate amount in cash and up to an aggregate number of shares of ICE Common Stock, in each case as set forth on Annex 4.6, to certain directors and employees of NYBOT and its Subsidiaries (in the aggregate, the “Bonus Pool”). With respect to the Bonus Pool, the Allocation Schedule shall identify the full name and such other identifying information as ICE may reasonably request with respect to each of the directors and employees of NYBOT and its Subsidiaries that NYBOT desires to receive a portion of the Bonus Pool, together with details of the amount of cash (in the aggregate, the “Awarded Cash Consideration”) and number of shares of ICE Common Stock (in the aggregate, the “Awarded Share Number”) in the Bonus Pool to be provided to each such director and employee. If any of the Bonus Pool has not been allocated to such directors and employees of NYBOT, the amount of (i) any unallocated cash plus (ii) any unallocated shares of ICE Common Stock shall be allocated to the Members (the “Members’ Allocation”).
Bonus Pool. (a) Beginning with the year 2000, the Bonus Pool shall equal 35% of Pre-Bonus Pre-Tax Profits, less the deductions specified in Section 3(B)(2) of the Employment Agreement.
