Performance Bonuses definition

Performance Bonuses means those bonuses to be given to PwCES as set forth in Exhibit 1.

Performance Bonuses has the meaning assigned to that term in Section 9.4 hereof.

Performance Bonuses means the performance bonus earned by a Participant during the Company’s fiscal year, as such performance bonuses may be determined by the Company.

Examples of Performance Bonuses in a sentence

• The performance pay is added to the base pay (or paid as a bonus as described in Performance Bonuses) on April 1st of each year.

• However, such calculations will use the Clubs’ cap projections as of the end of the day on March 12, 2020 and will assume all Players that were eligible for Loan were Loaned on March 13, 2020 for determining cap room available for accommodating Performance Bonuses paid.

• Performance Bonuses For an employee in L1, L2, L3 or L4, where the Performance Pay increase that would be awarded is restricted by the job rate, or by the top of the range and promotion is not warranted, the employee’s salary will be increased to the top of the range, and the balance will be paid as a performance bonus to the employee.

• In the event of such termination, any Guaranteed Minimum Compensation for the Contract Year of termination shall be pro-rated based upon the number of days during the Contract Year the Agreement was in effect, and any Performance Bonuses earned prior to the effective date of termination shall be paid to Endorser.

• The non-renewal termination, or other voluntary or involuntary termination of a Representative-ship following which the former Representative shall have no right, title, claim or interest to the Representative-ship or Downline that she or he operated or to the opportunity to receive any Commissions or Performance Bonuses from the sales generated by such Representative-ship or Downline.

More Definitions of Performance Bonuses

Performance Bonuses means the performance bonus earned during a Plan Year, whether or not paid during such Plan Year as such performance bonuses may be determined by the Company.

Performance Bonuses. With respect to each fiscal year in which the actual revenues and net income of the Company after taxes (as determined by the Company's public accountants) equal or exceed the actual projected revenue and net income amounts set forth in the budget projections approved by the Board for such fiscal year, the Company shall pay the Executive a bonus (the "Performance Bonus"). The Performance Bonus shall be in an amount equal to (a) 50% of the Base Salary on the last day of such fiscal year plus (b) the product of the Base Salary on the last day of such fiscal year, multiplied by the percentage by which the Company's actual net income for such fiscal year exceeded it projected net income for such fiscal year, if any.

Performance Bonuses. With respect to each fiscal year in which the actual revenues and net income of the Company after taxes (as determined by the Company's public accountants) equal or exceed the actual projected revenue and net income amounts set forth in the budget projections approved by the Board for such fiscal year, the Company shall pay the Executive a bonus (the "Performance Bonus"). The Performance Bonus shall be in an amount equal to (a) 50% of the Base Salary on the last day of such fiscal year plus (b) the product of the Base Salary on the last day of such fiscal year, multiplied by the percentage by which the Company's actual net income for such fiscal year exceeded it projected net income for such fiscal year, if any. Deferral of Performance Bonuses: Notwithstanding anything else contained herein to the contrary, Executive may elect in writing on forms provided by the Company to receive the entire Performance Bonus in the form of restricted stock if Executive makes such election prior to December 31 of the fiscal year to which the Performance Bonus relates.

Performance Bonuses. With respect to each fiscal year in which actual revenues and net income of Orbital Tracking Corp. after taxes (as determined by the Company’s public accountants) equal or exceed the actual projected revenue and net income amounts adopted by the Compensation Committee of the Board of the Company (the “Compensation Committee”) for earning Bonuses, which shall be adopted by the Compensation Committee annually, the Company shall pay the Executive a bonus the (“Performance Bonus”). The Performance Bonus shall be an amount equal to (a) 50% of the base salary on the last day of such fiscal year, plus (b) the product of the base salary in the last day of such fiscal year multiplied by the percentage by which the company’s actual net income for such fiscal year exceeded its projected net income fiscal year, if any. Upon consummation of an equity instrument, resulting in proceeds greater than $1 million, Executive shall be entitled to a lump sum distribution as compensation of 1.5% of the gross proceeds, during the term of the agreement. Should this coincide with a change in control, it will be in addition to the change in control provisions.

Performance Bonuses means those bonuses ----------- ------- to be given to PwCES as set forth in Exhibits 1-F and 2-C.

Performance Bonuses means any bonus payable to any Employees based on the overall performance of the Business or any segment thereof, including the performance bonus payable to Caress Kxxxxxx for the year 2006.

Performance Bonuses means all amounts to be paid by the Company and/or any of its subsidiaries to the management and employees of the Company and/or its subsidiaries as set out in the Box Data Room for the purposes of recognising their successful execution of the Group’s various initiatives and key medium-term objectives for the years 2019, 2020 and 2021;