Common use of Annual Incentive Bonus Clause in Contracts

Annual Incentive Bonus. Employee shall be eligible to participate in JDI’s annual incentive bonus program, as in effect from time to time during the Term. Employee’s bonus target is % of Base Salary on the last day of JDI’s fiscal year. The bonus may range from 0% to 200% of bonus target based upon JDI and personal performance of Employee versus objectives. The bonus shall be payable as provided in the bonus program and payment may be taken in cash or deferred with interest pursuant to JDI’s Deferred Compensation Plan.

Appears in 6 contracts

Samples: Employment Agreement (Johnsondiversey Holdings Inc), Employment Agreement (Johnsondiversey Inc), Employment Agreement (Johnsondiversey Holdings Inc)

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Annual Incentive Bonus. Employee shall be eligible to participate in JDI’s annual incentive bonus program, as in effect from time to time during the Term. Employee’s bonus target is 65% of Base Salary on the last day of JDI’s fiscal year. The bonus may range from 0% to 200% of bonus target based upon JDI and personal performance of Employee versus objectives. The bonus shall be payable as provided in the bonus program and payment may be taken in cash or deferred with interest pursuant to JDI’s Deferred Compensation Plan.

Appears in 3 contracts

Samples: Employment Agreement (Johnsondiversey Holdings Inc), Employment Agreement (Johnsondiversey Holdings Inc), Employment Agreement (Johnsondiversey Holdings Inc)

Annual Incentive Bonus. Employee shall be eligible to participate in JDI’s annual incentive bonus program, as in effect from time to time during the Term. Employee’s bonus target is 50% of Base Salary on the last day of JDI’s fiscal year. The bonus may range from 0% to 200% of bonus target based upon JDI and personal performance of Employee versus objectives. The bonus shall be payable as provided in the bonus program and payment may be taken in cash or deferred with interest pursuant to JDI’s Deferred Compensation Plan.

Appears in 1 contract

Samples: Employment Agreement (Johnsondiversey Holdings Inc)

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Annual Incentive Bonus. Employee shall be eligible to participate in JDI’s annual incentive bonus program, as in effect from time to time during the Term. Employee’s bonus target is 100% of Base Salary on the last day of JDI’s fiscal year. The bonus may range from 0% to 200% of bonus target based upon JDI and personal performance of Employee versus objectives. The bonus shall be payable as provided in the bonus program and payment may be taken in cash or deferred with interest pursuant to JDI’s Deferred Compensation Plan.

Appears in 1 contract

Samples: Employment Agreement (Johnsondiversey Holdings Inc)

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