Bonus definition

Bonus means the bonus described in the Section 2.3.

Bonus means an amount of incentive remuneration payable by the Employer to a Participant.

Bonus shall have the meaning set forth in Section 6.

Examples of Bonus in a sentence

• In order to receive the bonus, teachers must submit a National Certification Bonus application form to the Superintendent by November 1st.

• Transactional Account (S1) Goal Account (S2) Christmas Club (S3) Achiever Saver (S5) Bonus Saver (S6) Total $ Please note that any changes made to the above amounts do not affect payments made to the New Zealand Police Association or the Police Welfare Fund.

• All working employers shall observe the provisions of this Agreement in respect of hours of work, payment of Leave Pay Fund contributions and payment of Holiday Bonus Fund contributions at the prescribed foremen’s rate of pay, payment of Provident Fund contributions, additional Provident Fund contributions, payment of Council levies and payment of wages for public holidays.

• The Prorated Bonus, if payable, shall be paid to the Employee in accordance with the Company's normal payroll practices as in effect from time to time during the next fiscal year after the Termination Date; if the annual bonus is in equity grant, Company shall award Employee the Pro-rated Bonus in the form of such equity grant as approved by the Board in such form (i.e., options and/or Restricted Shares) and such vesting schedule as approved by the Board.

• The Company will pay the Employee the “Termination Compensation”; (as defined and in accordance with the terms and conditions set forth in Section 5.d. of the Employment Agreement), which shall be in the total gross amount of $3,300,000.00, minus applicable withholdings and deductions as solely determined by the Company, which represents two (2) times Employee’s 2023 Base Salary plus two (2) times Employee’s 2023 earned Annual Bonus.

More Definitions of Bonus

Bonus means any bonus payable to the Executive pursuant to Section 4(b) hereof.

Bonus means the amount payable to Executive under the Company's applicable annual bonus plan with respect to a fiscal year of the Company.

Bonus shall have the meaning set forth in Section 4(b).

Bonus means an amount equal to the average of the bonuses awarded to Executive for each of the three (3) fiscal years prior to the date of termination, or such lesser number of years as may be applicable if Executive has not been employed for three (3) full years on the date of termination. For purposes of determining Executive’s “Bonus,” to the extent Executive received no bonus in a year due to a failure to meet the applicable performance objectives, such year will still be taken into account (using zero (0) as the applicable bonus) in determining Executive’s “Bonus” for purposes of Section 4. If any portion of the bonuses awarded to Executive consisted of securities or other property, the fair market value thereof shall be determined in good faith by the Board.

Bonus means the compensation paid to a Brand Affiliate based on the volume of Products sold by a Brand Affiliate, his Downline Organization, and breakaway Executives upon meeting all requirements as set forth in the Sales Performance Program. Nu Skin Local has been assigned the right to pay Bonuses to Brand Affiliates in the Resident Country.

Bonus means a cash payment or a payment opportunity as the context requires.

Bonus has the meaning ascribed to it in section "4.4" hereinbelow;