Additional Bonus Compensation. The Company reserves the right to recognize and reward special contributions Executive may make to the Company. The Company may, from time to time and at any time, pay, or cause to be paid, to Executive such bonus compensation, if any, as the Board may, in its sole and absolute discretion, determine to be appropriate.
Additional Bonus Compensation. The Company shall pay the Executive, at such time as other participants in the Bonus Plan are paid their respective bonuses, in respect of each of the two (2) Bonus Plan years immediately following the Termination Year, an amount equal to the greater of (A) the Executive's Target Bonus for the Termination Year; and (B) the Executive's actual annual incentive compensation paid or payable with respect to the plan year immediately preceding the Termination Year (whether or not deferred), provided that any actual bonus paid or payable in respect of calendar year 2004 shall be disregarded for purposes of this calculation, and provided, further, that the Company shall pay in respect of the last of such Bonus Plan years only a pro rata share of such annual bonus equal to the product of such bonus and a fraction, the numerator of which is the number of days during the Termination Year through and including the Termination Date and the denominator of which is 365;
Additional Bonus Compensation. For each calendar year in which Employer’s EBITDA projections for Acquired Products are exceeded by 25% or more, Employer may pay Employee, within 90 days after the end of that year, an additional bonus (“Additional Bonus Compensation”) in a target amount of $175,000 (less all required tax withholding), provided that the Board is otherwise satisfied with the performance of both the Employee and the Employer. The foregoing notwithstanding, subject to the approval of the Employee (which shall not be unreasonably withheld or delayed), the criteria for each of the bonuses described in this Section 2(c) may be modified from time to time by the Board to include alternate targets and milestones.
Additional Bonus Compensation. The “Additional Bonus Compensation” as more particularly set forth in Section 2.2(c) of the Amendment to Employment Agreement by and between the Company and Employee dated March 16, 2017 shall remain in full force and effect and is by this reference fully restated herein.
Additional Bonus Compensation. Upon the closing of a Liquidity Event, the Company shall pay (or arrange for the payment) to Executive in cash the sum equal to four percent (4%) of the Gross Closing Proceeds (the “Liquidity Bonus”), subject to a cumulative cap of $750 million for payment of the Liquidity Bonus and any liquidity bonus payable to Xxxxxxx Xxxx, Jr..
Additional Bonus Compensation. Executive shall be eligible to participate in the annual incentive bonus programs available to officers of Employer and will be
Additional Bonus Compensation. Discretionary at the sole determination of the Client.
Additional Bonus Compensation. During the Employment Period, Executive shall also be eligible to receive a bonus in an anticipated amount of one to three times his Base Salary (an “Annual Bonus”), payable in connection with the end of the Company’s fiscal year at times determined by the Board or the Committee, at least 50% of which shall be paid to the Executive in cash. Subject to the Minimum Bonus described below, the exact amount of and the eligibility to receive any such Annual Bonus (including any performance metrics to be met in order to establish such eligibility) shall be determined at the discretion of the Board and the Committee in accordance with the Company’s Charter and Bylaws. Notwithstanding the foregoing, so long as the Executive remains employed by the Company, the Executive shall be entitled to receive a minimum Annual Bonus (“Minimum Bonus”) in connection with the first two fiscal years of the Company ending during the Employment Period (currently expected to end on December 31, 2015 and December 31, 2016, but specifically excluding the Company’s fiscal year ended April 30, 2015) equal to his Base Salary then in effect, at least 50% of which shall be payable in cash, in accordance with the Company’s normal timing of and payroll practices for bonus payments; provided that, with respect to any such Minimum Bonus payable for a fiscal year ended December 31, 2015, the amount of such bonus shall be the amount of such Base Salary as prorated from and including Start Date and to and including December 31, 2015.
Additional Bonus Compensation. In addition to the network and bonus compensation payable by Telemundo to the Affiliate under this Agreement as set forth above, the Affiliate will be eligible to receive a supplementary monthly bonus to be adjusted retroactive to the first day of June and December based on Station KFWD's Audience Share for the May and November ratings periods Monday through Friday, 1:00 pm to 10:00 pm, Central Time, as set forth below: MONTHLY BONUS AMOUNT AUDIENCE SHARE DURING YEAR ABOVE 45% ------------ -------------- 1 $2,083.33 2 $2,916.66 3 $4,166.66 Notwithstanding anything to the contrary contained in this Section 4, until the November 1993 ratings book results become available, the bonus eligibility for the period September 1993 through December 1993 shall be based on the May 1993 ratings book in which the Affiliate had a Audience Share of more than 45%, and the Affiliate shall be entitled to a supplementary monthly bonus in the amount of $2,083.33 per month as of September 1, 1993. As soon as the November 1993 ratings book becomes available, an adjustment shall be made retroactive to December 1, 1993 based on the bonus chart set forth above.
Additional Bonus Compensation. In the event SWBC earns vesting rights to all of the 250,000 shares of the warrant before December 31, 1999, then billserv.com will issue a xxxxxx warrant to SWBC in the amount of 250,000 shares. This second warrant will be issued on terms similar to the first warrant and will have an exercise price at the then-current fair market value of billserv.com's common xxxxx. In the event SWBC earns vesting rights to all of the 250,000 shares of the first warrant before December 31, 2000, then billserv.com will issue a xxxxxx warrant to SWBC in the amount of 125,000 shares. This second warrant will be issued on terms similar to the first warrant and will have an exercise price at the then-current fair market value of billserv.com's commox xxxxx.
