Annual Bonus Eligibility. Employee shall be eligible to receive an annual bonus of up to eighty percent (80%) of Employee’s Base Salary based upon individual and company performance, as determined by Employer in its sole discretion. The specific bonus eligibility and the standards for earning a bonus will be developed by Employer and communicated to Employee as soon as practicable after the beginning of each year.
Annual Bonus Eligibility. Employee shall be eligible to participate in Employer’s annual bonus program under which Employee’s target bonus shall equal seventy percent (70%) of Employee’s Base Salary with a maximum bonus of up to two hundred percent (200%) of Employee’s target bonus. Bonus payment in respect of the first year of employment shall be pro- rated based on the number of days employed during such year. Payment of any bonus shall be based upon individual and company performance, as determined by Employer’s Chief Executive Officer and/or the compensation committee of the Board (the “Compensation Committee”), as well as any applicable terms of the annual bonus program. The terms of the annual bonus program shall be developed by Employer and communicated to Employee as soon as practicable after the beginning of each year.
Annual Bonus Eligibility. Employee shall be eligible to participate in Employer’s annual bonus program under which Employee’s target bonus shall equal seventy percent (70%) of Employee’s Base Salary. Bonus payment in respect of the first year of employment shall be pro-rated based on the number of days employed during such year. Payment of any bonus shall be based upon individual and company performance, as determined by Employer’s Chief Executive Officer and/or the compensation committee of the Employer’s board of directors (the “Compensation Committee”). The terms of the annual bonus program shall be developed by Employer and communicated to Employee as soon as practicable after the beginning of each year.
Annual Bonus Eligibility. I shall be eligible to receive an annual bonus with a target of 60% of my Base Salary, to be awarded by the Board of Directors or the compensation committee of the Board of Directors (the “Compensation Committee”) in its sole and absolute discretion. The determination to pay the annual bonus described above in any year shall be based on such criteria as the Board of Directors or the Compensation Committee shall determine, in its sole and absolute discretion; provided, however, that such criteria shall include the attainment by the Company of its forecasted EBITDA and financial plans approved by the Board of Directors. The Board of Directors or Compensation Committee may award such other bonus payments as it determines in its sole and absolute discretion. The annual bonus amounts described above, if determined by the Board of Directors or the Compensation Committee to be payable to me, shall be paid no later than February 28th of each year during my Employment Term.
Annual Bonus Eligibility. Employee will be eligible to receive a prorated annual bonus payment for the year in which the termination of employment occurs determined based on the lesser of target or actual performance for relevant performance period, which amount shall be paid in a lump sum cash payment no later than the fifteenth (15th) day of the third (3rd) calendar month following the end of the performance period.
Annual Bonus Eligibility. You will remain eligible for annual bonuses for 2023 and 2024, subject in all respects to bonus terms as determined by the Company in its discretion.
Annual Bonus Eligibility. Employee shall be eligible to receive an annual bonus based upon individual and/or company performance, as determined by the independent members of the Board or the compensation committee of the Board (the “Committee”) in its sole discretion; however, the Committee shall have no obligation to provide for such a bonus. The specific bonus eligibility and the standards for earning a bonus (if any) will be developed by the Board or the Committee and communicated to Employee as soon as practicable after the beginning of each year.
Annual Bonus Eligibility. Employee shall be eligible to participate in Employer’s annual bonus program under which Employee’s target bonus shall equal sixty percent (60%) of Employee’s Base Salary. Payment of any bonus shall depend upon individual and company performance, and shall be subject to management discretion and clawback under applicable law. The terms of the annual bonus program shall be developed by Employer and communicated to Employee as soon as practicable after the beginning of each year and shall provide Employee with an opportunity to earn up to two (2) times Employee’s target bonus.
Annual Bonus Eligibility. As of the Effective Date, you will be eligible for a discretionary annual bonus award under the terms of the Company’s Executive Bonus Plan (“EBP”), a copy of which will be provided to you upon request. As of the Effective Date of your new role, you will have a target bonus of $1,000,000. Actual awards under the EBP may range from 0% to 200% of target, depending on Company and individual performance, and in all cases are paid at the sole discretion of the Company. For calendar year 2021, your EBP bonus amount will be pro-rated against the Effective Date of your new role. As stated in the EBP, an express condition of earning or vesting in this bonus is your continued employment through the date bonuses are paid. Should your employment terminate prior to the date on which bonuses are paid, no bonus will have been earned or vested and none will be payable, except as may be provided in the EBP. The bonus payment date is normally on or before March 15 of the succeeding year, but CBRE reserves the right to change this date as it deems appropriate. Xxxx Xxxxxxxxxx
Annual Bonus Eligibility. As additional compensation for his Services, the Executive shall be entitled to earn an annual bonus of up to 35% of his Salary (“Annual Bonus”), payable (i) of up to 50% in cash and (ii) the balance payable in equity of the Company, subject to performance criteria and objectives established by the Board of Directors (“Bonus Objectives”). The Bonus Objectives shall be established by the mutual approval of the CEO and Executive within the first ninety (90) days following the Effective Date of this Agreement, which approval shall not unreasonably delayed or withheld. The terms agreed shall be committed to writing. Thereafter, Bonus Objectives shall be established from time to time by the CEO, at reasonable intervals selected by the CEO in its reasonable discretion, and in consultation with Executive, but in any event, no less than annually. The Annual Bonus shall be prorated on a monthly basis for any partial year during the Term. The Annual Bonus shall be reviewed annually for increases by the CEO.
