Common use of Annual Bonus Opportunity Clause in Contracts

Annual Bonus Opportunity. During the Term of Employment, the Executive shall be eligible to earn an Annual Bonus pursuant to the terms and conditions of any annual Management Incentive Plan adopted by the Company in respect of each full fiscal year occurring during the Term of Employment, subject to the Executive’s continued employment through the date on which payments are made under the applicable Management Incentive Plan. The target amount of the Annual Bonus (the “Target Annual Bonus Opportunity”) shall be 50% of the Executive’s Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Endurance International Group Holdings, Inc.), Employment Agreement (Endurance International Group Holdings, Inc.)

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Annual Bonus Opportunity. During the Term of Employment, the Executive shall be eligible to earn an Annual Bonus pursuant to the terms and conditions of any annual Management Incentive Plan adopted by the Company in respect of 2018 and each successive full fiscal year occurring during the Term of Employment, subject to the Executive’s continued employment through the date on which payments are made under the applicable Management Incentive Plan. The target amount of the Annual Bonus (the “Target Annual Bonus Opportunity”) shall be 50% of the Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Endurance International Group Holdings, Inc.)

Annual Bonus Opportunity. During the Term of Employment, the Executive shall be eligible to earn an Annual Bonus pursuant to the terms and conditions of any annual Management Incentive Plan adopted by the Company in respect of 2020 and each successive full fiscal year occurring during the Term of Employment, subject to the Executive’s continued employment through the date on which payments are made under the applicable Management Incentive Plan. The target amount of the Annual Bonus (the “Target Annual Bonus Opportunity”) shall be 5075% of the Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Endurance International Group Holdings, Inc.)

Annual Bonus Opportunity. During the Term of Employment, the Executive shall be eligible to earn an Annual Bonus pursuant to the terms and conditions of any annual Management Incentive Plan adopted by the Company in respect of each full fiscal year occurring during the Term of Employment, subject to the Executive’s continued employment through the date on which payments are made under the applicable Management Incentive Plan. The target amount of the Annual Bonus (the “Target Annual Bonus Opportunity”) shall be 5060% of the Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Endurance International Group Holdings, Inc.)

Annual Bonus Opportunity. During the Term of Employment, the Executive shall be eligible to earn an Annual Bonus pursuant to the terms and conditions of any annual the Company’s Management Incentive Plan adopted by Plan, a copy of which has been provided to the Company Executive, in respect of each full fiscal year occurring during the Term of Employment, subject to the Executive’s continued employment through the date on which payments are made under the applicable Management Incentive PlanDecember 31 of each such year. The target amount of the Annual Bonus (the “Target Annual Bonus Opportunity”) shall be 5075.0% of the Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Endurance International Group Holdings, Inc.)

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Annual Bonus Opportunity. During the Term of Employment, the Executive shall be eligible to earn an Annual Bonus pursuant to the terms and conditions of any annual Management Incentive Plan adopted by the Company in respect of 2017 and each successive full fiscal year occurring during the Term of Employment, subject to the Executive’s continued employment through the date on which payments are made under the applicable Management Incentive Plan. The target amount of the Annual Bonus (the “Target Annual Bonus Opportunity”) shall be 5040% of the Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Endurance International Group Holdings, Inc.)

Annual Bonus Opportunity. During the Term of Employment, the Executive shall be eligible to earn an Annual Bonus pursuant to the terms and conditions of any annual Management Incentive Plan adopted by the Company in respect of 2016 and each successive full fiscal year occurring during the Term of Employment, subject to the Executive’s continued employment through the date on which payments are made under the applicable Management Incentive Plan. The target amount of the Annual Bonus (the “Target Annual Bonus Opportunity”) shall be 5060% of the Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Endurance International Group Holdings, Inc.)

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