Accrued Incentive Compensation Sample Clauses

Accrued Incentive Compensation. The Company shall pay you, not later than thirty (30) days following your Date of Termination, the amount of your accrued Incentive Compensation which shall be determined as follows:
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Accrued Incentive Compensation. The Company shall pay you, not later than thirty (30) days following your Date of Termination, the amount of your Accrued Incentive Compensation. If the Date of Termination is after the end of a Variable Compensation Year, but before Incentive Compensation for said Variable Compensation Year has been paid, the Company shall pay you as Incentive Compensation for that Variable Compensation Year the greatest of: (a) an amount that bears the same ratio to your total base salary in said Variable Compensation Year as the Incentive Compensation paid to you during the immediately prior Variable Compensation Year bears to your base salary for said prior Variable Compensation Year, (b) an amount that bears the same ratio to your base salary for such Variable Compensation Year as the Incentive Compensation paid to you during the three (3) immediately prior Variable Compensation Years bears to your base salary for said three (3) prior years, (c) the average of the Incentive Compensation paid to you during the three (3) years immediately prior to said Variable Compensation Year, or (d) the amount of your target variable compensation payment for such Variable Compensation Year. In addition, if the Date of Termination is other than the first day of a Variable Compensation Year, the Company shall pay you, as Incentive Compensation for the Variable Compensation Year in which the Date of Termination occurs, the greatest of: (a) an amount that bears the same ratio to your total base salary earned (up to the Date of Termination) in said Variable Compensation Year as the Incentive Compensation paid to you during the immediately prior Variable Compensation Year bears to your base salary for said prior Variable Compensation Year, (b) an amount that bears the same ratio to your total base salary earned (up to the Date of Termination) for such Variable Compensation Year as the Incentive Compensation paid to you during the three (3) Variable Compensation Years immediately prior to such Variable Compensation Year bears to your base salary for said three (3) prior years, (c) the average of the Incentive Compensation paid to you during the three (3) years immediately prior to said Variable Compensation Year multiplied by a fraction, the numerator of which is the total number of days which have elapsed in the current Variable Compensation Year to the Date of Termination, and the denominator of which is three hundred sixty-five (365), or (d) the amount of your target variable compensati...
Sample 1
Accrued Incentive Compensation. Notwithstanding anything herein to the contrary and in addition to Employee Payments payable by Old Long Beach pursuant to Section 1.5(a), all incentive compensation amounts or awards which have been accrued for on the Company's books and due to Subject Employees who are production personnel pursuant to existing Old Long Beach policy on loans closed and funded (including closed and funded loans transferred to the Company pursuant to Section 2.8 below but excluding unfundings in
Sample 1
Accrued Incentive Compensation. The Company shall pay you, not later than thirty (30) days following your Date of Termination, but in no event later than sixty (60) days following your “separation from service” within the meaning of Section 409A, the amount of your accrued Incentive Compensation which shall be determined as follows:
Sample 1
Accrued Incentive Compensation. The obligation of Buyer or a PLG Subsidiary to reimburse Parent or the Retained Companies for 2012 accrued incentive compensation accrued through the Closing Date with respect to (a) shared employees in Asia or (b) 100% PLG Business employees at the EDC is waived.
Sample 1
Accrued Incentive Compensation. There shall be no incentive compensation unless an incentive compensation arrangement for the Employee is established after the date of this Agreement and is in effect anytime on or after the ninetieth (90) day prior to the date the Change in Control occurred. The amount of the Key Man’s accrued but unpaid incentive compensation under the incentive agreement established for Key Man, if any, shall be pro-rated for the year in which the termination occurs and shall be calculated through the end of the last full month prior to his termination with a proportionate adjustment to all caps and floors, if any, based upon the portion of the fiscal year worked prior to termination of Key Man’s employment and such amount shall be paid within 30 days from the date of such termination; and
Sample 1

Related to Accrued Incentive Compensation

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Equity Incentive Compensation During the term of employment hereunder the Executive shall be eligible to participate, in an appropriate manner relative to other senior executives of the Parent and its subsidiaries, in any equity-based incentive compensation plan or program approved by the Board from time to time, including (but not by way of limitation) any plan providing for the granting of (a) options to purchase stock of the Parent, (b) restricted stock of the Parent or (c) similar equity-based units or interests.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Incentive Compensation The Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s target annual incentive compensation shall be forty five percent (45%) of their Base Salary, although any the actual incentive compensation amount shall be discretionary. To earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • Incentive Pay (1) For any calendar year in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then:

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