Additional Cash Awards Sample Clauses

Additional Cash Awards. The Company may provide employees with additional cash awards. The selection of employees and the amounts of the cash awards will be made at the discretion of management.
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Additional Cash Awards. You shall be entitled to receive additional cash awards (“Additional Cash Awards”) of up to $4,250,000 in the aggregate, subject to the terms of this Section 3.3. The Additional Cash Awards are structured to comply with Section 162(m) of the Code and shall be paid pursuant to the Bonus Plan, provided that the Compensation Committee shall not have negative discretion to decrease the amount of the Additional Cash Awards. The Additional Cash Awards shall not be subject to the Policy on Recovery of Incentive Compensation in Event of Financial Restatement, attached as Appendix A to this Agreement. 3.3.1 The Additional Cash Awards shall consist of four equal cash awards of $1,062,500, one of which shall vest on each of September 30, 2009, March 31, 2010, September 30, 2010, and March 31, 2011 (each a “Vesting Date”), provided that (a) you have been continuously in active employment with Employer from the Effective Date through the applicable Vesting Date, and (b) Actual EBITDA (as defined in the 2009 Bonus Plan with the same adjustments to continue through March 31, 2011, as more fully described in Appendix B) is at least equal to the threshold amount described in Appendix B (“Threshold Amount”) during the six-month period immediately preceding the Vesting Date (“Vesting Period”). Notwithstanding the foregoing, if any Additional Cash Award that would otherwise have vested on a Vesting Date does not vest on such date solely because the condition in clause (b) of this Section 3.3.1 was not met, such portion shall vest on any subsequent Vesting Date, if any, (including a Vesting Date following termination of active employment) if average Actual EBITDA (as adjusted in accordance with Appendix B) for each completed Vesting Period through such subsequent Vesting Date was at least equal to the Threshold Amount; provided, however, that this sentence shall not apply if your active employment has been terminated by Employer for Employer’s Good Cause or by you without Employee’s Good Cause on or prior to such subsequent Vesting Date. 3.3.2 Any Additional Cash Awards that are vested (which shall mean, for purposes of this Agreement, that such Additional Cash Awards have satisfied the conditions in clauses (a) and (b) of Section 3.3.1) prior to March 31, 2011 will be paid on March 31, 2011 or within ten (10) business days thereafter and any Additional Cash Awards that vest on March 31, 2011 will be paid on March 31, 2011 or within ninety (90) days thereafter. In the event th...
Additional Cash Awards. The Company may provide employees with additional cash awards. The selection of employees and the amounts of the cash awards will be made at the discretion of management. $563.50 $563.50 $563.50 $591.00 $592.00 $593.50 $619.50 $622.50 $624.50 $649.50 $654.00 $657.50 $681.50 $687.50 $692.50 $714.50 $722.50 $729.00 $749.00 $759.50 $767.50 $785.50 $798.00 $808.00 $824.00 $839.00 $850.50 $864.00 $881.50 $895.50 $906.00 $926.50 $942.50 $950.00 $974.00 $992.50 $996.00 $1,023.50 $1,045.00 $1,044.50 $1,076.00 $1,100.00 $512.00 $512.00 $512.00 $544.00 $545.50 $546.50 $577.50 $581.00 $583.50 $613.50 $619.00 $623.00 $651.50 $659.50 $665.00 $692.00 $702.50 $710.00 $735.00 $748.00 $758.50 $780.50 $797.00 $809.50 $829.50 $849.00 $864.50 $881.00 $904.50 $923.00 $935.50 $963.50 $985.00 $445.50 $445.50 $445.50 $478.50 $480.00 $481.00 $514.00 $517.00 $519.50 $552.00 $557.00 $561.00 $593.00 $600.50 $605.50 $637.00 $646.50 $654.00 $684.50 $697.00 $706.00 $735.50 $750.50 $762.50 $790.00 $809.00 $823.50 $848.50 $871.50 $889.00 $911.50 $939.00 $960.00 EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE 09/03/16 09/03/17 09/02/18 09/03/16 09/03/17 09/02/18 09/03/16 09/03/17 09/02/18 START 0-6 07 - 12 13 - 18 19 - 24 25 - 30 31 - 36 37 - 42 43 - 48 49 - 54 55 - 60 61- 66 67- 72 73- 78 79+ START 0-6 07 - 12 13 - 18 19 - 24 25 - 30 31 - 36 37 - 42 43 - 48 49 - 54 55 - 60 61+ START 0-6 07 - 12 13 - 18 19 - 24 25 - 30 31 - 36 37 - 42 43 - 48 49 - 54 55 - 60 61+ $538.50 $538.50 $538.50 $553.00 $554.00 $555.00 $568.00 $570.50 $572.50 $583.00 $587.00 $590.00 $598.50 $604.00 $608.00 $614.50 $621.50 $627.00 $631.00 $640.00 $646.50 $648.00 $658.50 $666.50 $665.50 $677.50 $687.00 $683.00 $697.50 $708.00 $701.50 $717.50 $730.00 $720.50 $738.50 $752.50 $739.50 $760.00 $776.00 $759.50 $782.50 $800.00 $490.50 $490.50 $490.50 $507.50 $509.00 $510.50 $525.50 $528.50 $531.00 $544.00 $549.00 $552.50 $563.00 $570.00 $575.00 $583.00 $591.50 $598.00 $603.50 $614.00 $622.50 $624.50 $637.50 $647.50 $646.50 $662.00 $673.50 $669.00 $687.00 $701.00 $692.50 $713.50 $729.50 $420.00 $420.00 $420.00 $439.00 $440.50 $441.50 $459.00 $461.50 $463.50 $479.50 $484.00 $487.00 $501.50 $507.50 $512.00 $524.00 $532.00 $538.00 $548.00 $557.50 $565.00 $572.50 $584.50 $594.00 $598.50 $613.00 $624.00 $625.50 $642.50 $655.50 $654.00 $673.50 $689.00 EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE EFFECTIVE 09/03/16 09/03/17 09/02/18 09/03/16 09/03/17 09/02/...

Related to Additional Cash Awards

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee. b) The Executive shall be eligible to receive grants under the Company's long-term incentive plans as in effect from time to time; provided, however, that the size, type and other terms and conditions of any such grant to the Executive shall be determined by the Compensation Committee.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Incentive Bonuses After the Company attains profitability, the Employee shall be eligible to be considered for an annual incentive bonus. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Board or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. Except as expressly provided in this Agreement, the Employee shall not be entitled to an incentive bonus if he is not employed by the Company on the date when such bonus is payable.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Equity Incentive Awards The Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board and the Executive shall be eligible for consideration for such awards in the same manner as other senior executive officers of the Company. In the event of a Change of Control in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards of substantially equivalent value, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.

  • Service Awards The County shall continue its present policy with respect to service awards including time off; provided, however, that the type of award given shall be at the sole discretion of the County. The following procedures shall apply with respect to service awards:

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