Performance Bonus Plan. Executive shall be included as a participant in any performance bonus plan introduced by the Corporation. It is anticipated that the Corporation shall develop such a performance bonus plan for the 1999 calendar year. This shall be a team-based plan and shall be dependent upon overall 1999 year-end performance of both the organization and its senior management. Any Deliverable-Based Bonus programs will be incorporated in this program. It is anticipated that if all business performance targets are realized during 1999, that the resulting bonus shall approximate ten to fifteen percent of each participant's base salary. This bonus is not guaranteed by the Corporation and is extended at the sole discretion of the Corporation.
Performance Bonus Plan. The Executive shall be entitled to a bonus equal to:
Performance Bonus Plan. U.S. Transferred Employees who are otherwise eligible to participate in the U.S. Ford Performance Bonus Plan will receive an award for calendar year 2000 prorated for the full number of months employed by Ford in 2000. Awards for calendar year 2000 shall be payable to the U.S. Transferred Employees in March, 2001.
Performance Bonus Plan. Employee shall be entitled to participate in any performance bonus plans that the Company adopts for the benefit of its senior executives in accordance with the terms and conditions thereof.
Performance Bonus Plan. WINCHESTER shall at the discretion of the Managers, be entitled to participate in any bonus plan provided to senior executives including stock option plans, profit sharing plans and/ or their equivalent.
Performance Bonus Plan. In addition to his Base Salary and participation in the Company’s Executive Cash Incentive Plan, the Employee shall receive a quarterly bonus during the term of this Agreement (the “Performance Bonus”), equal to an amount not to exceed fifty (50%) of the Employee’s Base Salary (the “Target Performance Bonus”). The Target Performance Bonus shall be payable to the Employee by the Company on a quarterly basis in the form of cash and shares of common stock of the Company, not registered under the Securities Act of 1933, as amended, to the extent that the Company achieves the performance targets (the “Performance Targets”) as set by its board of directors. Both the Car Allowance & the Long Term Disability Insurance will take effect on the day the Company closes its first acquisition, or raises equity or debt.”
Performance Bonus Plan. Xxxxx will be eligible to participate in the Company's performance bonus plan (the "Bonus Plan"), which currently provides for a bonus of twenty (20) percent of salary upon achievement of pre-established goals. Under the Bonus Plan, all bonuses, if earned, are paid at the end of the fiscal year. Any bonus will be governed by the terms of the Company's standard Bonus Plan in effect at the time.
Performance Bonus Plan. During the Employment Period, Executive will be eligible to participate in the Enstar annual discretionary performance bonus program in effect from time to time at a level commensurate with his position and in accordance with the policies and practices of Enstar in its sole discretion. The annual discretionary performance bonus program is administered by the Enstar Compensation Committee and subject to its discretionary review and approval each year, and therefore Enstar can only provide guidance that it expects Executive’s eligibility for future awards, beginning with respect to performance year 2023 (payable in calendar year 2024), to be based on a “target” of one hundred twenty-five percent (125%) of Base Salary, which awards shall be assessed pursuant to Enstar financial performance objectives and individual performance objectives to be established by the Enstar Compensation Committee in its discretion. In all cases, actual bonus awards received, if any, are subject to vary. Payment of the performance bonus under the bonus program, if any, is not a wage, and is not earned or accrued or payable, until the date that it is actually tendered to Executive. Receipt of a bonus in one year does not guarantee a bonus in any other year. If awarded, any performance bonus shall be payable at such time as the Company pays annual bonuses generally to its employees, but in no event later than April 30th of the year following the year to which the performance bonus relates; provided, however, that the accrual and payment of any performance bonus is conditioned upon Executive being employed through the end of the applicable calendar year and, as of the date of payment, Executive (A) not having been previously terminated for Cause (as defined herein) and (B) not having received notice of a termination for Cause where such Cause is not subsequently cured.
Performance Bonus Plan. 41 42 12.6(a) The Company intends to pay a performance bonus when financial performance equals or 43 exceeds the established targets. 44
Performance Bonus Plan. 12.7(a) The Company intends to pay a performance bonus when financial performance equals or exceeds the established targets. Employees covered by this collective bargaining agreement will participate in the Spirit AeroSystems Holdings, Inc. Incentive Award Plan for Salaried Employees (M&S Bonus Plan), as it may be amended from time-to-time. Targets will be the same as in the existing M&S Bonus Plan or any changes to the existing plan during the duration of this agreement. Payments will be as follows: • Plan Year 2012: 6% of Eligible Pay (straight-time and overtime wages, pay for Earned Time Off, and Holiday pay) at Target and 12% of Eligible Pay at Maximum • Plan Years 2013 – 2016: 7% of Eligible Pay at Target and 14% of Eligible Pay at Maximum • Plan Years 2017 – 2018: 8% of Eligible Pay at Target and 16% of Eligible Pay at Maximum
