Additional Bonus shall have the meaning set forth in Section 2(b) hereof.
Additional Bonus means either (A) or (B) in the following sentence, whichever has the greatest value as of the date Executive becomes entitled to an Additional Bonus (i.e., termination of employment other than for Cause or for Good Reasons or the fifth anniversary of the Effective Date). For purposes of the preceding sentence (A) shall mean (x) $200,000 multiplied by the number of Executive’s complete years of employment with the Company (such years to be determined based on anniversaries of the Effective Date), less (y) any amounts received under the FIF HE Holdings LLC Senior Management Compensation Plan, and (B) shall mean continued participation in the FIF HE Holdings LLC Senior Management Compensation Plan. If Executive receives the bonus described in clause (A) of the preceding sentence, then (I) Executive shall cease to participate in the FIF HE Holdings LLC Senior Management Compensation Plan effective as of the fifth anniversary of the Effective Date or the date on which Executive’s employment is terminated by the Company other than for Cause or by Executive for Good Reason, as applicable, and (II) such amount will be paid to Executive as soon as practicable after Executive becomes entitled to such amount, but in no event later than two (2) months after the end of the fiscal year in which Executive becomes entitled to such amount. For purposes of determining whether clause (A) or clause (B) of the third sentence of this paragraph has a greater value, the value of clause (B) will be determined in good faith by the Managing Member as of the applicable date. For purposes of determining the value of clause (B), the Managing Member will assume that the Company is sold as of the applicable date for a price that takes into account the present value of future cash flows (considering appropriate discount rates and terminal values) of the Company as well as customary pricing metrics for comparable companies such as the book value of the assets of the Company. Managing Member will disclose to Executive the methodology, values and assumptions used to determine the value of clause (B).
Additional Bonus. An additional bonus, to be determined by IHS, will be paid if Rotech exceeds the net income target.
Examples of Additional Bonus in a sentence
Bonus Interest Rates and Additional Bonus Interest Rates are subject to change.
Bonus Interest and Additional Bonus Interest will be calculated on a non-accrued, non- compounded and simple interest basis, and shall be paid separately from the prevailing interest (if any) payable on the credit balance in the Eligible Account.
Additional Bonus points may be achieved by providing documentation that the proposed development is located within ¼-mile of a MetroRail or MetroMover station, or a stop along the South Dade TransitWay.
Final Additional Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity.
In all cases, Eligible Customers must satisfy all the conditions of this Promotion before any Bonus Interest or Additional Bonus Interest (as the case may be) is paid.
More Definitions of Additional Bonus
Additional Bonus means an amount equal to (i) 62.5% of Base Salary if the Date of Termination occurs within the first two calendar years following the Effective Date and (ii) 100% of Base Salary if the Date of Termination is at any time thereafter.
Additional Bonus. While you are in the employ of the Company, you will be such additional bonus awards as determined from time to time by the Company's Board of Directors. Additional While you are in the employ of the Company, you will be Options: granted such additional stock option awards as determined from time to time by the Company's Board of Directors.
Additional Bonus means (x) (i) in the case of a Termination _ _ due to death or a Termination due to Disability, the Pro-Rata Retention Bonus, or (ii) in the case of a Termination Without __ Cause or a Termination for Good Reason, the Retention Bonus, and (y) in case of a Termination due to death, a Termination due to _ Disability, a Termination Without Cause or a Termination for Good Reason, the excess, if any, of (i) the amount, if any, of the _ Alternative Bonus that would otherwise be payable to Executive in connection with the Property Casualty Sale pursuant to Paragraph 3(d) over (ii) the amount paid to Executive in respect of __ whichever of the Pro-Rata Retention Bonus or the Retention Bonus is payable to Executive hereunder.
Additional Bonus has the meaning given to it in paragraph 6.1 in Schedule IV;
Additional Bonus means, with respect to a Closing Cash Bonus Participant, a non-transferable contingent right to an amount in cash equal to the product obtained by multiplying (i) any cash amount required to be delivered from the Escrow Amount to the Rights Holders and the Closing Cash Bonus Participants pursuant to Section 4.03, by (ii) a fraction, the numerator of which is such Closing Cash Bonus Participant’s applicable amount of Closing Cash Bonus Payment Escrow Amount Per Person and the denominator of which is the Escrow Deposit.
Additional Bonus see Section 4.3(a).
Additional Bonus shall have the meaning set forth in Section 2(b)(iii).