Earned Bonus definition

Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

Earned Bonus means the bonus, determined based on the actual performance of the Company for the full fiscal year in which Executive’s employment terminates, that Executive would have earned for the year in which his employment terminates had he remained employed for the entire year, prorated based on the ratio of the number of days during such year that Executive was employed to 365. Such Earned Bonus will be determined and paid to Executive no later than 2½ months after the close of the fiscal year in which the Earned Bonus was earned.

Earned Bonus means any earned but unpaid Bonus for the fiscal year ending upon or immediately before the end of your employment.

Examples of Earned Bonus in a sentence

• The Executive’s employment with the Company shall terminate automatically upon the death of the Executive and the Company shall have no obligation to the Executive or the Executive’s estate other than to pay the Executive (i) the Accrued Amounts, (ii) the Earned Bonus and (iii) the Pro-Rata Bonus.

• The total amount of Bonus Payments earned by and paid to Subrecipient during the term of this Agreement shall be referred to as the “Earned Bonus.” In no event shall the Earned Bonus paid under this Agreement exceed the Max Bonus Amount.

• An Employee need not obtain prior approval before taking his Earned Bonus Day; he shall, however, give at least 24 hours prior notice, and may be required to defer taking his Earned Bonus Day, if more than ten percent (10%) of the same category Employees in his building will be absent on that day.

• Subject to Section 6(g), any Earned Bonus or Accrued Bonus due will be paid in accordance with the form and timing provisions contemplated by Section 4(c) and any Severance Pay or Disability/Death Pay will be paid in one cash lump sum on the 55th day following the end of your employment.

• If Executive dies while employed by the Company, the Company shall pay to Executive’s executor, legal representative, administrator or designated beneficiary, as applicable, (i) the Accrued Amounts; (ii) the Pro-Rata Bonus; and (iii) the Prior Earned Bonus.

More Definitions of Earned Bonus

Earned Bonus means the average bonus paid for the three most recent fiscal years pro rated for the portion of the year elapsed. If the calculation is as of a time after the end of a fiscal year but prior to the actual payment of the bonus for such fiscal year, then the Earned Bonus shall mean (i) 100% of the average bonus paid for the three most recent fiscal years plus (ii) the average bonus paid for the three most recent fiscal years pro rated for the portion of the then current year elapsed. For example, if the calculation is as of February 15, 2008, and the Company has not then paid a bonus for fiscal year 2007, then the Earned Bonus would be (i) the average bonus paid for fiscal years 2004, 2005 and 2006 plus (ii) the average bonus paid for fiscal years 2004, 2005 and 2006 pro rated for the portion of 2008 then elapsed.

Earned Bonus means the actual annual bonus earned by the Employee for the fiscal year in which the Employee’s Termination Date occurs; pro rated to reflect the portion of the fiscal year during which the Employee was employed by the Employer, determined by multiplying the full year bonus that would otherwise have been payable to the Employee based upon the achievement of applicable performance objectives by a fraction, the numerator of which is the number of days during which the Employee was employed by the Employer in the year of termination and the denominator of which is three hundred sixty-five (365).

Earned Bonus shall have the meaning set forth in Section 2(b) hereof.

Earned Bonus means the bonus amount (if any) earned under Section 5 with respect to the fiscal year ended immediately prior to the cessation of Executive’s employment, to the extent unpaid.

Earned Bonus means the executive bonus paid or payable to the Executive with respect to any fiscal year of the Company.

Earned Bonus has the meaning stated in the Incentive Cash Bonus Plan.

Earned Bonus means any annual bonus under TIP in respect of any calendar year ended before the Date of Termination to which the Executive would have been entitled under TIP (if the Date of Termination is during the Retention Period) and under this Plan (if the Date of Termination is during the Transition Period), if his or her employment had not terminated;