2Bonus Sample Clauses

2Bonus. Executive will be eligible for an annual discretionary bonus of up to forty percent (40%) of Executive’s Base Salary (the “Annual Bonus”), under the terms herein and in the Company’s written bonus plan applicable to executives. Whether Executive receives an Annual Bonus for any given year, and the amount of any such Annual Bonus, will be determined by the Company’s Board of Directors (the “Board”), the Compensation Committee of the Board, or the Chief Executive Officer (the “CEO”), as applicable, in its sole discretion, based upon the Company’s and Executive’s achievement of objectives to be determined on an annual basis by the Board, the Compensation Committee of the Board, or the CEO, as applicable. In order to earn and receive payment of an Annual Bonus (including a prorated Annual Bonus), Executive must be an active employee of the Company on the date that any such Annual Bonus is paid. Any such Annual Bonus will be paid no later than March 15 of the calendar year after the applicable bonus year.
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2Bonus. With respect to each fiscal year of the Company ending during the Term, and subject to the achievement of any applicable performance goals, based on corporate, business unit and/or individual performance, to be established by the Board or Compensation Committee, Executive shall be entitled to participate in the Company’s annual incentive plan, on such terms and conditions as may be established by the Board or Compensation Committee from time to time, under which Executive shall be eligible to earn an annual bonus (the “Annual Bonus”), with a target amount equal to 60% of the Base Salary (the “Target Bonus”), subject to Executive being employed with the Company on the date that the Annual Bonus is paid. The Annual Bonus shall be paid in accordance with the Company’s customary practices. For avoidance of doubt, Executive shall be eligible to receive “stretch” bonuses under the terms established in the Company’s annual incentive plan.
2Bonus. Executive shall be eligible to participate in the current Alliance Leadership Bonus Plan (“Management Bonus Plan”) at a bonus rate of up to 100% of Base Salary subject to the terms and conditions set forth in the Bonus Plan. To be eligible for a Bonus, at the time such Bonus is paid, Executive must be employed by the Company and not given or been given notice of termination of employment, except as otherwise provided in Section 7 below. ​ ​
2Bonus. During the period Executive is employed with the Company, Executive shall be eligible to earn for Executive’s services to be rendered under this Agreement a discretionary annual cash bonus of up to 50% of Base Salary (“Target Amount”), subject to review and adjustment by the Company in its sole discretion, payable subject to standard federal and state payroll withholding requirements. Whether or not Executive earns any bonus will be dependent upon (a) Executive’s continuous performance of services to the Company through the date any bonus is paid; and (b) the actual achievement by Executive and the Company of the applicable performance targets and goals set by the Board of Directors of the Company (“Board”). The annual period over which performance is measured for purposes of this bonus is January 1 through December 31. The Board will determine in its sole discretion the extent to which Executive and the Company have achieved the performance goals upon which the bonus is based and the amount of the bonus, which could be above or below the Target Amount (and may be zero). Any bonus shall be subject to the terms of any applicable incentive compensation plan adopted by the Company. Any bonus, if earned, will be paid to Executive within the time period set forth in the incentive compensation plan.
2Bonus. During the period Executive is employed with the Company, Executive shall be eligible to earn for Executive's services to be rendered under this Agreement a discretionary annual cash bonus of up to 50% of Base Salary ("Target Amount"), subject to review and adjustment by the Company in its sole discretion, payable subject to standard federal and state payroll withholding requirements. Whether or not Executive earns any bonus and its amount will be dependent upon (a) the actual achievement by Executive and the Company of the applicable performance targets and goals set by the CEO; and (b) the reasonable discretion of the Chief Executive Officer, including with respect to whether Executive has worked materially more or less than an expected 50% of full time. The annual period over which performance is measured for purposes of this bonus is January 1 through December 31. The Board will determine in its sole discretion the extent to which Executive and the Company have achieved the performance goals upon which the bonus is based and the amount of the bonus, which could be above or below the Target Amount (and may be zero). Any bonus shall be subject to the terms of any applicable incentive compensation plan adopted by the Company. Any bonus, if earned, will be paid to Executive within the time period set forth in the incentive compensation plan. In any subsequent year, if Executive completes six months of service and is subsequently terminated by the Company, Executive shall be entitled to a pro rata bonus payment, in an amount determined in accordance with this Section 2.2, whether or not Executive remains employed through the date the Company pays bonuses for such year. For the three month period ended December 31, 2017 and for any period Executive works that is less than six months of a calendar year, the CEO and Compensation Committee may consider making a bonus payment based on Executive’s performance and hours worked. Any such payments would be made at the time of the payment of other Executive bonuses for such year.
2Bonus. The Employee shall be eligible for an annual performance bonus (the “Bonus”). The Bonus is a discretionary bonus, payable in either cash compensation or stock option award or a combination of both, at the sole discretion of the Board, that can be modified and is subject to review and annual approval by the Board. The Employee must be employed by the Company on the last day of the fiscal year for which the Bonus is earned. The Bonus will be paid to the Employee no later than March 14th of the year following the year in which the Bonus is earned.
2Bonus. Executive will also be eligible to receive a bonus, up to $45,000 per year (the "Bonus") based On-Target Marketing.
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2Bonus. Beginning in 2021, Executive shall be eligible to be awarded an annual cash bonus pursuant to the Company’s annual performance bonus plan (“Bonus”), with the initial target amount of such bonus equal to forty percent (40%) of Executive’s Base Salary during the then current bonus year (“Target Bonus”), subject to review and adjustment from time to time by the Company in its sole discretion, payable subject to standard federal and state payroll withholding requirements. Whether or not Executive is awarded any Bonus will be dependent upon (a) the actual achievement by Executive and the Company of the applicable individual and corporate performance goals, as determined by the Board’s Compensation Committee in its sole discretion, and (b) Executive’s continuous performance of services to the Company through the date any Bonus is paid. The Bonus may be greater or lesser than the Target Bonus and may be zero. The annual period over which performance is measured for purposes of this bonus is January 1 through December 31. Any Bonus awarded pursuant to this Section 2.2 will be paid on or before March 15 of the year following the year for which it is ​ ​ awarded. Executive must be employed on the date bonuses are paid in order to be eligible for any bonus. In the event of termination of Executive’s employment, no bonus, prorated or otherwise, will be paid for the year in which termination occurs.
2Bonus. With respect to each fiscal year of the Company ending during the Term, and subject to the achievement of any applicable performance goals, based on corporate, business unit and/or individual performance, to be established by the Board or Compensation Committee, Executive shall be entitled to participate in the Company’s annual incentive plan, on such terms and conditions as may be established by the Board or Compensation Committee from time to time, under which Executive shall be eligible to earn an annual bonus (the “Annual Bonus”), with a target amount equal to 50% of the Base Salary (the “Target Bonus”), subject to Executive being employed with the Company on the date that the Annual Bonus is paid. The actual bonus amount may be greater or less than the Target Bonus based on performance and pursuant to the Company’s bonus policies and plans in place at the time. The Annual Bonus shall be paid in accordance with the Company’s customary practices. For avoidance of doubt, Executive shall be eligible to receive “stretch” bonuses under the terms established in the Company’s annual incentive plan.
2Bonus. Based on the Company’s Bonus Program, which requires that Employee remain employed by the Company through the end of the relevant Bonus year, Employee is not entitled to a Bonus for the current calendar year.
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