Bonus Percentage Sample Clauses

Bonus Percentage. You will be eligible to receive a bonus (“Annual Bonus”) for each fiscal year of the Company under a plan established by the Company in the amount determined by the Company’s Board of Directors or its Compensation Committee (the “Board”) based upon achievement of performance measures derived from the business plan presented by management and approved by the Board. For fiscal year 2015, you will continue to be eligible for an Annual Bonus under the bonus plan in which you are a participant prior to the Restructuring. Your target Annual Bonus will be 60% of your Base Salary. If such performance measures are only partially achieved or not achieved, you will only be entitled to such Annual Bonus, if any, as provided under the applicable bonus plan or as otherwise determined in the sole discretion of the Board.
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Bonus Percentage. The Bonus Percentage is 0% if the Sale Price of INTEGRAL common stock is less than $32.00 per share. The Bonus Percentage equals 10% if the Sale Price of INTEGRAL common stock is $32.00 per share. The Bonus Percentage incrementally increases over that percentage by 0.03333% for every one cent incremental increase in the Sale Price of INTEGRAL common stock over $32.00 per share. For example, if the Sale Price of INTEGRAL common stock is $42.00 per share, the Bonus Percentage is 43.33% (i.e., 10% + (0.03333% x 1000)). On the other hand, if the Sale Price is $30.00 per share, the Bonus Percentage would be 0%. These are hypothetical examples solely to illustrate the Bonus Percentage calculation.
Sample 1Sample 2
Bonus Percentage. Participation in the Incentive Compensation Plan including cash bonuses and stock options and grants in accordance with Executive Salary Grade 14. Current annual incentive compensation at this grade is a target bonus of 75% of Annual Base Salary with a maximum of 150% of Annual Base Salary. Equity Grants: Initial grant of 10,000 Stock Options and 10,000 Restricted Shares as an incoming member of senior management, and continuing participation in the Company’s annual stock option plans for the Company’s senior management. The granted Stock Options and Restricted Shares will vest periodically in accordance with Company polices. Participation in annual stock option grants is subject to approval of the Compensation Committee of the Board of Directors.
Sample 1
Bonus Percentage. From and after January 24, 2005, you will participate in the Incentive Compensation Plan including cash bonuses and stock options and grants in accordance with Executive Salary Grade 11. From and after January 1, 2006, you will participate in the Incentive Compensation Plan including cash bonuses and stock options and grants in accordance with Executive Salary Grade 12. Current annual incentive compensation at Salary Grade 12 is a target bonus of 50% of Annual Base Salary with a maximum of 100% of Annual Base Salary. Equity Grants: Initial grant of 12,000 Stock Options and no Restricted Shares as an incoming member of senior management, and continuing participation in the Company’s annual stock option plans for the Company’s senior management. The granted Stock Options will vest periodically in accordance with Company polices. Participation in annual stock option and restricted share grants is subject to approval of the Compensation Committee of the Board of Directors.
Sample 1
Bonus Percentage. Participation in the Incentive Compensation Plan including cash bonuses and stock options and grants in accordance with Executive Salary Grade 16. Current annual incentive compensation at this grade is a target bonus of 75% of Annual Base Salary with a maximum of 150% of Annual Base Salary. Equity Grants: Initial grant of 75,000 Stock Options and 25,000 Restricted Shares as an incoming member of senior management, and continuing participation in the Company’s annual stock option plans for the Company’s senior management. The Restricted Shares will vest five years after the Effective Date of your employment, subject to your continuous employment by the Company and the Company achieving certain targeted financial goals. The granted Stock Options and Restricted Shares otherwise will vest periodically in accordance with Company polices. Participation in annual stock option grants is subject to approval of the Compensation Committee of the Board of Directors.
Sample 1
Bonus Percentage. The Founder’s “Bonus Percentage” shall be as follows:
Sample 1

Related to Bonus Percentage

  • Bonus Amount For purposes of this Agreement, "Bonus Amount" shall mean the greater of (a) the target annual bonus payable to the Executive under the Incentive Plan in respect of the fiscal year during which the Termination Date occurs or (b) the highest annual bonus paid or payable under the Incentive Plan in respect of any of the three full fiscal years ended prior to the Termination Date or, if greater, the three (3) full fiscal years ended prior to the Change in Control.

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • 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.

  • Annual Bonus Opportunity Your annual target bonus opportunity following the Effective Date will be 50% of your annual base salary (the “Target Bonus”). The Target Bonus shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. Your actual bonuses shall be based upon achievement of performance objectives to be determined by the Board in its sole and absolute discretion. Bonuses will be paid as soon as practicable after the Board determines that such bonuses have been earned, but in no event will a bonus be paid to you after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which such bonus is earned or (ii) March 15 following the calendar year in which such bonus is earned.

  • Cash Bonus Executive shall be entitled to a fraction of any Cash Bonus for the fiscal year of the Company within which Executive’s termination of employment occurs which, based upon the criteria established for such Cash Bonus, would have been payable to Executive had he remained employed through the date of payment, the numerator of which is the number of days of such fiscal year prior to his termination of employment and the denominator of which is three hundred and sixty-five (365); and

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Bonus Payment Executive will receive a lump-sum payment equal to one hundred fifty percent (150%) of the higher of (A) the greater of (x) Executive’s target bonus for the fiscal year in which the Change of Control occurs (as in effect immediately prior to the Change of Control) or (y) Executive’s target bonus as in effect for the fiscal year in which Executive’s termination of employment occurs, or (B) Executive’s actual bonus for performance during the calendar year prior to the calendar year during which the termination of employment occurs. For avoidance of doubt, the amount paid to Executive pursuant to this Section 3(b)(iii) will not be prorated based on the actual amount of time Executive is employed by the Company during the fiscal year (or the relevant performance period if something different than a fiscal year) during which the termination occurs.

  • Discretionary Bonus The Executive shall be entitled to participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that may be authorized and declared by the Board of Directors to its senior management executives from time to time. No other compensation provided for in this Agreement shall be deemed a substitute for the Executive's right to participate in such discretionary bonuses when and as declared by the Board.

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