2008 Bonus. Notwithstanding anything contained herein to the contrary or the expiration of the Prior Agreement, your annual bonus in respect of the 2008 calendar year shall be determined in accordance with paragraph 4(c) of the Prior Agreement, with the cash portion thereof to be paid at such time as annual bonuses are generally paid to senior executives of the Company and, unless administratively impracticable, in no event later than March 15, 2009, unless you have elected to defer the receipt of such annual bonus pursuant to an arrangement that meets the requirements of Section 409A of the Code.
2008 Bonus. The Company agrees with Employee that a bonus for 2008 will be negotiated and agreed to for Employee no later than March1, 2008.
2008 Bonus. (a) At the time annual bonuses for the 2008 performance year are paid to executives generally pursuant to the Company’s Senior Officer Incentive Compensation Plan, the Executive may be paid a bonus (the “2008 Bonus”), which shall be paid fully in cash, not subject to the ISP, and which shall be determined by the Committee in its sole discretion. The target amount for the 2008 Bonus shall be the product of (i) the number of full or partial months in 2008 in which the Executive holds the title of Chief Financial Officer, multiplied by (ii) $112,500 (the “2008 Target Amount”); provided, however, that nothing herein shall prevent the Company from awarding a 2008 Bonus amount that is greater than the 2008 Target Amount.
2008 Bonus. Employee shall, if the performance goals applicable to the executive leadership team are achieved, receive his 2008 bonus under the LifePoint Hospitals, Inc. Executive Performance Incentive Plan. Such bonus shall be paid at the same time all other bonuses are paid under such plan. This bonus will be paid at the same percentage of Employee’s target bonus as is paid to other members of the executive leadership team.
2008 Bonus. Corporation shall pay Executive an aggregate bonus for the year ending December 31, 2008, based upon the achievement of certain EBITDA targets as set forth in the attached Schedule I, subject to a maximum bonus of 100% of Executive’s Base Salary.
2008 Bonus. Although you otherwise would not have been entitled to receive any bonus from the Company for fiscal year 2008, the Company will pay you your fiscal
2008 Bonus. At the next payroll period following the Termination Date, the Company will pay the Employee a bonus of $36,120 for the 2008 year.
2008 Bonus. Pursuant to and in accordance with the provisions of paragraph 4.03(a)(2) of the EEA, as soon as practicable following January 1, 2009, Ceridian shall pay to you a bonus payment, less applicable withholdings, calculated in accordance with the provisions of Ceridian’s annual bonus (or management incentive) plan applicable to you for the fiscal year 2008.
2008 Bonus. With respect to fiscal year 2008, you will be entitled to a prorated annual cash bonus (based on the period of your employment during such year) (the “2008 Bonus”) which shall be based on an annual bonus determined based on actual achievement of 2008 performance targets, but in no event shall be less than the amount of the prorated Target Bonus (or, if greater, the bonus that would have become payable based on the Company’s plan as of the date of this Letter Agreement).
2008 Bonus. The Executive shall be entitled to receive a bonus relating to the Company’s 2008 Cash Incentive Program in the amount of Two Hundred Twenty Five Thousand Dollars ($225,000), (a) One Hundred Twenty Five Thousand Dollars ($125,000) of which shall be paid upon receipt of at least $900,000 of insurance proceeds relating to the fire that occurred on June 8, 2008 at the Company’s facility and (b) One Hundred Thousand Dollars ($100,000) of which shall be paid in six equal monthly installments beginning one month after the Effective Date but subject to delay after taking into account the cash flow needs of the Company, but in no event shall be the payments under clause (a) or clause (b) be made later than ten (10) days prior to the date in which penalties under Section 409A would be applicable.
