Bonus Payment Date definition

Bonus Payment Date has the meaning set out in paragraph 6 of Schedule 1;

Bonus Payment Date means the date on which the Bonus becomes payable with respect to a Plan Year, without regard to any Deferral Election respecting such Bonus.

Bonus Payment Date means each date on which Bonus payments are made under the Corporation's Executive Incentive Bonus Plan.

Examples of Bonus Payment Date in a sentence

• If the Securities are purchased on or after the relevant Ex-Date, the Security Holder is not entitled to receive a Bonus Amount on that Bonus Payment Date.

• In addition, if Executive's employment should terminate on his death or because of his Disability during the Employment Period (other than as a consequence of Employment-Related Death or Disability), the Company shall pay to Executive (or to his estate in the event of his death) the Pro-Rata Bonus, if any, in one lump sum payment on the Bonus Payment Date for the fiscal year of the Company that includes the Date of Termination.

• In addition, if Executive’s employment should terminate on his death or because of his Disability during the Employment Period (other than as a consequence of Employment-Related Death or Disability), the Company shall pay to Executive (or to his estate in the event of his death) the Pro-Rata Bonus, if any, in one lump sum payment on the Bonus Payment Date for the fiscal year of the Company that includes the Date of Termination.

• If on one of the Observation Dates specified in the Product Conditions a Bonus Event defined in the Product Conditions occurs, the Issuer shall pay on the, subject to section 10 (5), following Bonus Payment Date defined in the Product Conditions the Bonus Amount allocated to that Observation Date in respect of each Security.

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More Definitions of Bonus Payment Date

Bonus Payment Date shall have the meaning set forth in Section 2(b) of this Agreement.

Bonus Payment Date means the first anniversary of the Effective Date.

Bonus Payment Date means, with respect to a fiscal year, the date we pay Bonuses for such fiscal year to our senior executives (but not earlier than January 1 or later than March 15 of the year immediately following the end of the applicable fiscal year).

Bonus Payment Date means February 1st. Any payment that is due to be distributed as of the Bonus Payment Date will be deemed to be distributed as of that date if it is distributed on such date or, if later, by the 15th day of March following the date and the Participant is not permitted, directly or indirectly, to designate the calendar year of payment. Further, a payment will be treated as made on the Bonus Payment Date if it is made no earlier than 30 days before the date, and the Participant is not permitted, directly or indirectly, to designate the calendar year of payment.

Bonus Payment Date means the date designated by the Committee between January 1 and March 15 of each Year on which the Cash Bonus with respect to the prior Year is or would otherwise be received by the Participant.

Bonus Payment Date means the date on which Awards with respect to a Performance Period are paid, which shall not be later than March 15th of the year following the applicable Performance Period except to the extent the payment of such Award is credited to a Participant’s Bonus Bank or otherwise deferred pursuant to the terms of the RLI Corp. Executive Deferred Compensation Plan.

Bonus Payment Date for any Fiscal Year shall mean the date that a Bonus earned with respect to such Fiscal Year is due to be paid.