Common use of Incentive Bonuses Clause in Contracts

Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 80% of his Base Salary (the “Target Bonus”). Executive’s bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 2 contracts

Samples: Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc)

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Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 8060% of his her Base Salary (the “Target Bonus”). Executive’s bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he she is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 80110% of his Base Salary (the “Target Bonus”). Executive’s bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the 1 “Board”) or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 80110% of his Base Salary (the “Target Bonus”). Executive’s bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 8060% of his Base Salary (the “Target Bonus”). Executive’s bonus (if any) 1 shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 8070% of his Base Salary (the “Target Bonus”). Executive’s bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 8060% of his Base Salary (the "Target Bonus"). Executive’s 's bonus (if any) shall be awarded based on criteria established by the Company’s 's Board of Directors (the "Board") or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2Yi months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

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Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 80% of his Base Salary (the “Target Bonus”). Executive’s bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 8070% of his Base Salary (the ·'Target Bonus"). Executive’s 's bonus (if any) shall be awarded based on criteria established by the Company’s 's Board of Directors (the "Board") or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. Executive shall be eligible for an annual incentive bonus with a target amount equal to 80% of his Base Salary (the “Target Bonus”). Executive’s bonus (if any) 1 shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable or is provided notice of termination under Section 5(b) prior to such time. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

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