Profit Share Plan definition

Profit Share Plan means any management profit sharing or incentive compensation plan of the Company covering a Participant.
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Profit Share Plan means the employee profit sharing plan of the Corporation.
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Examples of Profit Share Plan in a sentence

  • The Executive shall be entitled to participate in the annual Profit Share Plan (the "Bonus Plan") at a target level that shall not be less than 100% of Base Salary.

  • The Executive shall be entitled to participate in the annual Profit Share Plan (the “Bonus Plan”) at a target level that shall not be less than 100% of Base Salary.

  • The Profit Share Plan will be applied on a per project basis and be based on elements of profitability, schedule and performance criteria that, when met, will result in a distribution of money amongst the various project team members as determined by the administrator of the Profit Share Plan.

  • The portion of the Executive’s bonus for 2006 payable in April 2008, if any, shall be paid in accordance with existing Talbot Group Staff Profit Share Plan.

  • In addition the Executive’s bonus for 2007 shall be calculated and be payable in accordance with the existing Talbot Group Staff Profit Share Plan.

  • The Executive shall be entitled to participate in the annual Profit Share Plan (the “Bonus Plan”) at a target level that shall not be less than 50% of Base Salary.

  • Transferred Employees shall become eligible to participate in the Profit Sharing Plan for Hourly Employees of Ford Motor Company ("Ford Profit Share Plan") on or after the Transition Date, but shall receive a profit share for the entire calendar year 2003 based on Ford profits, if any, for 2003.

  • Any profit share payable under the Ford Profit Share Plan shall be payable to the extent and according to the timing specified in the Ford Profit Share Plan.

  • Agent's responsibility under this Section 3.a. shall be limited to the amount previously paid by the Company to Agent under the Profit Share Plan Addendum.

  • From 1985 through 1990, the special pay calculation included an adjustment factor that reduced the payment if the monthly plant performance, as defined in the Profit Share Plan, fell below 100 percent.

Related to Profit Share Plan

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Company Incentive Plan has the meaning set forth in Section 5.13.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.