Common use of Annual Cash Bonus Clause in Contracts

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible to earn a cash bonus in the sole discretion of the Board of up to 200% of the Executive’s Base Salary (prorated for any partial fiscal year) (the “Annual Cash Bonus”).

Appears in 4 contracts

Samples: Employment Agreement (NTL Inc), Employment Agreement (NTL Inc), Employment Agreement (NTL Inc)

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Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible entitled to earn a cash bonus in bonuses during the sole discretion of the Board of up to 200% of the Executive’s Base Salary (prorated for any partial fiscal year) Term (the “Annual Cash Bonus”), based upon Executive’s achievement of performance objectives set by the Compensation Committee (the “Performance Goals”), with a targeted bonus of fifty percent (50%) of Executive’s annual salary for such fiscal year (or partial fiscal year). Any such bonus will be paid within the year following the year for which the cash bonus was earned.

Appears in 2 contracts

Samples: Employment Agreement (New Generation Biofuels Holdings, Inc), Employment Agreement (New Generation Biofuels Holdings, Inc)

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible to earn a cash bonus in the sole discretion of the Board of up to 200100% of the Executive’s 's Base Salary (prorated for any partial fiscal year) (the "Annual Cash Bonus").

Appears in 2 contracts

Samples: Employment Agreement (Skylynx Communications Inc), Employment Agreement (NTL Inc)

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible to earn a cash bonus in the sole discretion of the Board of up to 200100% of the Executive’s 's Base Salary (prorated for any partial fiscal year, except as otherwise provided herein) (the "Annual Cash Bonus"). For fiscal year 2003, Executive's Annual Cash Bonus will not be pro-rated and will be equal to or greater than 50% of Executive's Base Salary.

Appears in 1 contract

Samples: Employment Agreement (NTL Inc)

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible to earn a cash bonus in the sole discretion of the Board of up to 20075% of the Executive’s 's Base Salary (prorated for any partial fiscal year, except 2003) (the "Annual Cash Bonus").

Appears in 1 contract

Samples: Employment Agreement (NTL Inc)

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible to earn a cash bonus in the sole discretion of the Board of up to 200% of the Executive’s Base Salary (prorated for any partial fiscal year) (the “Annual Cash Bonus”).

Appears in 1 contract

Samples: Employment Agreement (NTL Inc)

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible to earn a cash bonus in the sole discretion of the Board of up (at target) 75%, but subject to 200% a maximum of the Executive’s 150%, of Base Salary (prorated for any partial fiscal year) (the “Annual Cash Bonus”). In addition, the Company shall cause the Executive to participate in the NTL Group Long Term Incentive Plan.

Appears in 1 contract

Samples: Employment Agreement (NTL Inc)

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible to earn a cash bonus in the sole discretion of the Board of up to 200% of the Executive’s Base Salary (prorated for any partial fiscal year) (the “Annual Cash Bonus”). For the fiscal year ending December 31, 2004, the Executive shall participate in the NTL Group 2004 Bonus Scheme with bonus eligibility of 100% of the Base Salary payable if the “target” performance is achieved, and up to a maximum bonus of 200% of the Base Salary if the “target” is exceeded.

Appears in 1 contract

Samples: Employment Agreement (NTL Inc)

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Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible to earn a cash bonus in the sole discretion of the Board of up to 200% of the Executive’s Base Salary (prorated for any partial fiscal year) (the "Annual Cash Bonus").

Appears in 1 contract

Samples: Severance Agreement (NTL Inc)

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible entitled to earn a cash bonus in bonuses during the sole discretion of the Board of up to 200% of the Executive’s Base Salary (prorated for any partial fiscal year) Term (the “Annual Cash Bonus”), based upon Executive’s achievement of performance objectives set by the Compensation Committee, with a targeted bonus of fifty percent (50%) of Executive’s annual salary for such fiscal year (or partial fiscal year).

Appears in 1 contract

Samples: Employment Agreement (New Generation Biofuels Holdings, Inc)

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effect, the Executive shall be eligible to earn a cash bonus in the sole discretion of the Board of up to 20060% of the Executive’s 's Base Salary (prorated for any partial fiscal year, except 2003) (the "Annual Cash Bonus").

Appears in 1 contract

Samples: Employment Agreement (NTL Inc)

Annual Cash Bonus. During For each fiscal year Fiscal Year of the Company that through which the Employment Term is in effectExecutive remains an active employee of the Company, the Executive shall be eligible will have the opportunity to earn a cash bonus based on achievement of a targeted level of performance, as reflected in the sole discretion annual bonus letter and based on performance criteria mutually determined by the President & CEO and the Executive. For the Fiscal Year ending March 25, 2007, and each Fiscal Year thereafter, the target bonus is forty percent (40%) of the Board of up to 200% of the Executive’s Base Salary (prorated for any partial fiscal year) (the “Annual Cash Bonus”)Salary.

Appears in 1 contract

Samples: Employment Agreement (Birks & Mayors Inc.)

Annual Cash Bonus. During each fiscal year of the Company that the Employment Term is in effectPeriod, the Executive shall be eligible have the opportunity to earn a an annual cash bonus. The payment of any annual bonus in shall be contingent upon the sole discretion achievement of certain corporate and/or individual performance goals established by the Board of up to 200% of the Executive’s Base Salary (prorated for any partial fiscal year) (the “Annual Cash Bonus”)in its discretion.

Appears in 1 contract

Samples: Employment Agreement (U S Wireless Data Inc)

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