Service Bonus definition

Service Bonus means any bonus paid to a Participant by the Employer which is not Performance-Based Compensation.
Service Bonus means any bonus that does not meet the definition of Performance-Based Compensation that is paid to a Participant by the Employer as noted in the Adoption Agreement.
Service Bonus means one twelfth of the annual basic salary notches for levels 6 to 12 and one twelfth of the basic salary (60%) of the SMS member’s package payable as a 13th cheque for the member who structured for a 13th cheque;

Examples of Service Bonus in a sentence

  • The long term liability refers to a provision for the Service Bonus Fund relating to employees at Blanket Mine in Zimbabwe.

  • XX Service Bonus earned from 1/1 – 12/31, paid on or around first quarter of the following Plan Year.

  • Such payment shall be in lieu of any Special Long-Term Service Bonus to which the Executive might otherwise at the time be entitled under Paragraph 13(a) and shall be subject to the Corporation’s collection of all applicable withholding taxes.

  • The amount of the International Service Bonus shall be determined based on the Base Salary at the date the International Service Bonus is due hereunder.

  • As a condition precedent to receiving the Continued Service Bonus described in Section 4.2 hereof, the Executive must relinquish all claim that he has immediately prior to the Sale of the Company or the Sale of the Business, to any stock options which are not exercisable in accordance with their terms.


More Definitions of Service Bonus

Service Bonus means any bonus paid to a
Service Bonus has the meaning set forth in Section 5.16(b).
Service Bonus means any bonus paid to a Participant by the
Service Bonus means any bonus paid to a Participant by the Employer which is not Performance-Based Compensation. Table of Contents
Service Bonus shall have the meaning specified in Section 5.1.4.
Service Bonus minimum deferral: $__________% maximum deferral: $__________ or __________% ___
Service Bonus means any bonus paid to a Participant by the Employer which is not Base Salary or Performance-Based Compensation.