Common use of Annual Bonus Clause in Contracts

Annual Bonus. During the Employment Period, Executive will be entitled to receive an annual bonus (“Annual Bonus”) of 100% of Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earned.

Appears in 21 contracts

Samples: Employment Agreement (JBG SMITH Properties), Employment Agreement (JBG SMITH Properties), Employment Agreement (JBG SMITH Properties)

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Annual Bonus. During In addition to the Base Salary, during the Employment Period, the Executive will shall be entitled eligible to receive an annual bonus (the "Annual Bonus") based on a target annual bonus (the "Target Bonus," which term shall include any subsequent adjustments thereto) of 100an amount equal to 50% of the Base Salary at target performance, with the actual amount earned payable in cashSalary. Such bonus Annual Bonus shall be paid no later than March 15th subject to the terms and conditions of the year following the year in which it was earnedCompany's annual bonus plan.

Appears in 7 contracts

Samples: Employment Agreement (Watford Holdings Ltd.), Employment Agreement (Watford Holdings Ltd.), Employment Agreement (Watford Holdings Ltd.)

Annual Bonus. During the Employment PeriodTerm, Executive will shall be entitled eligible to receive earn an annual bonus award (an “Annual Bonus”) of 100with a target amount equal to 60% of Executive’s Base Salary at target performancethe end of the performance period (the “Annual Target Bonus”). The Annual Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th to Executive within two and one-half months after the end of the year following the applicable fiscal year. Except as provided in Section 5, no Annual Bonus shall be payable in respect of any fiscal year in which it was earnedExecutive’s employment is terminated.

Appears in 6 contracts

Samples: Employment Agreement (Vivint Smart Home, Inc.), Employment Agreement (Vivint Smart Home, Inc.), Employment Agreement (Vivint Smart Home, Inc.)

Annual Bonus. During the Employment Period, Executive will shall be entitled eligible to receive earn an annual bonus (the “Annual Bonus”) based upon the achievement of 100% of Base Salary at target performance, with corporate and/or individual performance goals established by the actual amount Board in its sole and absolute discretion. Any Annual Bonus earned payable in cash. Such bonus by Executive shall be paid to Executive no later than March 15th of the year following the year in to which it such Annual Bonus relates; provided, that no Annual Bonus will be paid to Executive unless Executive has been continuously employed by the Employer through the end of the fiscal year for which the Annual Bonus was earned.

Appears in 6 contracts

Samples: Employment Agreement (Bravo Brio Restaurant Group, Inc.), Employment Agreement (Bravo Brio Restaurant Group, Inc.), Employment Agreement (Bravo Brio Restaurant Group, Inc.)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of with a target amount equal to 100% of Annual Base Salary at target performancecontingent upon the achievement of qualitative and quantitative performance goals approved by the Board. The Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th in accordance with the terms of the year following applicable bonus plan as in effect from time to time, and shall require that Executive be employed with the year in which it was earnedCompany on the date of payment of such Bonus.

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement (Warrior Met Coal, LLC), Employment Agreement (Warrior Met Coal, LLC)

Annual Bonus. During For each calendar year completed during the Employment Period, the Executive will shall be entitled eligible to receive an annual cash bonus (“Annual Bonus”) based upon the attainment of 100% performance targets that are established by the Board, provided that the Executive shall have a target Annual Bonus of at least fifty percent (50%) of his Annual Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedSalary.

Appears in 4 contracts

Samples: Employment Agreement (Bally Total Fitness Holding Corp), Employment Agreement (Bally Total Fitness Holding Corp), Employment Agreement (Bally Total Fitness Holding Corp)

Annual Bonus. During the Employment Period, Executive will be entitled to receive an annual target bonus (“Annual Bonus”) of 100% one hundred percent of Base Salary at target performanceSalary, with the actual amount earned payable in cash. Such If Executive’s annual target bonus shall be paid no later than March 15th is increased or decreased by the Company, such increased or decreased annual target bonus will then constitute the target bonus for all purposes of the year following the year in which it was earnedthis Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Aurora Acquisition Corp.), Employment Agreement (Aurora Acquisition Corp.), Employment Agreement (Aurora Acquisition Corp.)

Annual Bonus. During each calendar year during the Employment PeriodTerm, Executive will shall be entitled eligible to receive an annual earn a cash performance bonus (“Annual Bonus”) of up to 100% of Base Salary at target performance(the “Bonus”), with the actual amount earned payable in cash. Such bonus which Bonus shall be earned and paid no later than March 15th in the sole discretion of the year following the year in which it was earnedCompany’s Board of Directors.

Appears in 4 contracts

Samples: Executive Employment Agreement (KL Energy Corp), Executive Employment Agreement (KL Energy Corp), Executive Employment Agreement (Omni Bio Pharmaceutical, Inc.)

Annual Bonus. During With respect to each fiscal year ending during the Employment PeriodTerm, Executive will shall be entitled eligible to receive earn an annual bonus award (an “Annual Bonus”) based upon the achievement of 100certain performance targets, as reasonably established by the Board in good faith, after consultation with Executive; provided, however, that Executive shall have a target Annual Bonus of 55% of the Base Salary at target performanceSalary, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th subject to Executive’s achievement of the year following the year in which it was earnedsuch performance targets.

Appears in 4 contracts

Samples: Employment Agreement (Superior Essex Inc), Employment Agreement (Superior Essex Inc), Employment Agreement (Superior Essex Inc)

Annual Bonus. During For each complete fiscal year of the Employment PeriodTerm, the Executive will shall be entitled eligible to receive earn an annual bonus (the "Annual Bonus") of 100% equal to a percentage of Base Salary (the "Target Bonus") established by the Board, as in effect at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th beginning of the year following applicable fiscal year, based on achievement of target performance goals and benchmarks (i.e., products brought to market, production and revenue goals) mutually established by the year in which it was earnedBoard and the Executive.

Appears in 4 contracts

Samples: Employment Agreement (Biotech Products Services & Research, Inc.), Employment Agreement (Biotech Products Services & Research, Inc.), Employment Agreement (Biotech Products Services & Research, Inc.)

Annual Bonus. During the Employment PeriodTerm, Executive will shall be entitled eligible to receive earn an annual bonus award (an “Annual Bonus”) of 100with a target amount equal to 50% of Executive’s Base Salary at target performancethe end of the performance period (the “Annual Target Bonus”). The Annual Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th to Executive within two and one-half months after the end of the year following the applicable fiscal year. Except as provided in Section 5, no Annual Bonus shall be payable in respect of any fiscal year in which it was earnedExecutive’s employment is terminated.

Appears in 4 contracts

Samples: Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.), Employment Agreement (APX Group Holdings, Inc.)

Annual Bonus. During With respect to each full calendar year during the Employment PeriodTerm, Executive will shall be entitled eligible to receive earn an annual bonus award (an “Annual Bonus”) calculated, in accordance with Exhibit A attached hereto, with a targeted bonus equal to fifty percent (50%) of 100% of Executive’s Base Salary at target performance, with (the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earned“Target Bonus”).

Appears in 3 contracts

Samples: Employment Agreement (El Pollo Loco, Inc.), Employment Agreement (El Pollo Loco, Inc.), Employment Agreement (El Pollo Loco, Inc.)

Annual Bonus. During In addition to the Base Salary, during the Employment Period, the Executive will shall be entitled eligible to receive an annual bonus (the "Annual Bonus") based on a target annual bonus (the "Target Bonus," which term shall include any subsequent adjustments thereto) of 100an amount equal to 70% of the Base Salary at target performance, with the actual amount earned payable in cashSalary. Such bonus Annual Bonus shall be paid no later than March 15th subject to the terms and conditions of the year following the year in which it was earnedCompany's annual bonus plan.

Appears in 3 contracts

Samples: Employment Agreement (Watford Holdings Ltd.), Employment Agreement (Watford Holdings Ltd.), Employment Agreement (Watford Holdings Ltd.)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of 100up to 150% of Annual Base Salary at target performanceSalary, with contingent upon the actual amount earned payable in cashachievement of qualitative and quantitative performance goals approved by the Board. Such bonus The Bonus, if any, shall be paid no later than March 15th of the year following the fiscal year in to which it was earnedthe Bonus relates.

Appears in 3 contracts

Samples: Employment Agreement (Hospitality Distribution Inc), Employment Agreement (Hospitality Distribution Inc), Employment Agreement (Hospitality Distribution Inc)

Annual Bonus. During Commencing on the Effective Date, Executive shall be eligible, during the Employment Period, Executive will be entitled to receive an annual bonus (the “Annual Bonus”) of 100based on such criteria as is determined in accordance with the Company’s annual incentive bonus plan. Executive’s target Annual Bonus shall be equal to 75% of Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedSalary.

Appears in 3 contracts

Samples: Employment Agreement (Generac Holdings Inc.), Employment Agreement (Generac Holdings Inc.), Employment Agreement (Generac Holdings Inc.)

Annual Bonus. During the Employment Period, the Executive will shall be entitled eligible to receive an annual performance-based bonus (“Annual Bonus”) of 100% of Base Salary at target performancepursuant to an annual plan to be established by the Company, with an annual target bonus of $500,000. Actual annual bonus amounts shall be determined by the Board in its sole discretion. With respect to each of the first five annual bonuses payable to the Executive hereunder, the actual bonus amount earned payable in cash. Such bonus determined by the Board shall be paid no later than March 15th of the year following the year in which it was earnedreduced by $25,000.

Appears in 3 contracts

Samples: Employment Agreement (PlayAGS, Inc.), Employment Agreement (AP Gaming Holdco, Inc.), Employment Agreement (AP Gaming Holdco, Inc.)

Annual Bonus. During With respect to each full fiscal year during the Employment PeriodTerm, Executive will shall be entitled eligible to receive earn an annual bonus award (an “Annual Bonus”) of up to one hundred percent (100% %) of Executive’s Base Salary at (the “Target”) based upon the achievement of an annual EBITDA target performanceestablished by the Board within the first three months of each fiscal year during the Employment Term. The Annual Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th to Executive within two and one-half (2.5) months after the end of the year following the year in which it was earnedapplicable fiscal year.

Appears in 3 contracts

Samples: Employment Agreement (Orbitz Worldwide, Inc.), Employment Agreement (Travelport LTD), Employment Agreement (Travelport LTD)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of 100% of Base Salary at target performancepursuant to the terms and conditions set forth in the EVERTEC Annual Performance Incentive Guidelines in effect on the date eligibility for a bonus is determined, with the actual amount earned payable in cash. Such bonus which Bonus shall be paid no later than prorated for partial calendar years and which shall be payable on or about March 15th 15 of the year following the year in which it was earnedeach year.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (EVERTEC, Inc.), Employment Agreement (EVERTEC, Inc.)

Annual Bonus. During For each calendar year or part thereof during the Employment Period, Executive will be entitled to shall receive an annual bonus (an "Annual Bonus") equal to no less than the greater of 100(i) 50% of his Base Salary at target performance, with or (ii) the actual amount earned payable of annual bonus paid to Xxxxxx Xxxxxxxx in cashsuch year. Such bonus The Annual Bonus shall be paid no later than March 15th payable within thirty (30) days after certification of the year following the year in which it was earnedCompany's financial statements for such year.

Appears in 2 contracts

Samples: Employment Agreement (Telecorp PCS Inc /Va/), Employment Agreement (Telecorp Communications Inc)

Annual Bonus. During With respect to each calendar year during the Employment PeriodTerm, the Executive will be entitled eligible to receive an annual incentive bonus in accordance with, and subject to, the terms and conditions of the Company’s applicable annual incentive bonus program (the “Annual Bonus”) of 100). During the Employment Term, the Executive’s target Annual Bonus will be 75% of the Executive’s Base Salary at target performance(the “Target Bonus”), with subject to the actual amount earned payable in cashachievement of applicable performance objectives. Such bonus shall With respect to any partial calendar year during the Employment Term, any Annual Bonus will be paid no later than March 15th of the year following the year in which it was earnedpro-rated.

Appears in 2 contracts

Samples: Employment Agreement (Empeiria Acquisition Corp), Employment Agreement (Empeiria Acquisition Corp)

Annual Bonus. During For each calendar year or part thereof during the Employment Period, Executive will be entitled to shall receive an annual bonus (an "Annual Bonus") equal to no less than the greater of 100(i) 50% of his Base Salary at target performance, with or (ii) the actual amount earned payable of annual bonus paid to Xxxxxxx Xxxxx in cashsuch year. Such bonus The Annual Bonus shall be paid no later than March 15th payable within thirty (30) days after certification of the year following the year in which it was earnedCompany's financial statements for such year.

Appears in 2 contracts

Samples: Employment Agreement (Telecorp PCS Inc /Va/), Employment Agreement (Telecorp Communications Inc)

Annual Bonus. During For each calendar year or part thereof during the Employment Period, Executive will shall be entitled eligible to receive an annual bonus (an "Annual Bonus") of 100equal to up to 50% of his Base Salary at target performance, with based upon the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th achievement of certain objectives determined by the Compensation Committee of the year following Board of Directors for such calendar year, payable within thirty (30) days after certification of the year in which it was earnedCompany's financial statements for such year.

Appears in 2 contracts

Samples: Employment Agreement (Tritel Inc), Employment Agreement (Tritel Inc)

Annual Bonus. During For each fiscal year completed during the Employment Period, the Executive will be entitled to shall receive an annual cash bonus ("Annual Bonus") based upon performance targets that are established by the Board or an appropriate committee of 100the Board, provided that the Executive shall have a target Annual Bonus of at least 250% of his Annual Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedSalary.

Appears in 2 contracts

Samples: Employment Agreement (Cardinal Health Inc), Employment Agreement (Cardinal Health Inc)

Annual Bonus. During the Employment PeriodTerm hereof, Executive will be entitled to receive an annual bonus equaling fifty percent (“Annual Bonus”50%) of 100% of Base Salary at target performance, with the actual amount earned payable in cashExecutive's annual base salary. Such The annual bonus shall will be paid no later than on or before March 15th 31 of the year following the year in which it was earnedeach calendar year.

Appears in 2 contracts

Samples: Reorganization Agreement (Carolina First Corp), Reorganization Agreement (Anchor Financial Corp)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of 100with a target amount equal to 75% of Annual Base Salary at target performancecontingent upon the achievement of qualitative and quantitative performance goals approved by the Board. The Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th in accordance with the terms of the year following applicable bonus plan as in effect from time to time, and shall require that Executive be employed with the year in which it was earnedCompany on the date of payment of such Bonus.

Appears in 2 contracts

Samples: Employment Agreement (Warrior Met Coal, Inc.), Employment Agreement (Warrior Met Coal, LLC)

Annual Bonus. During In addition to the Base Salary, during the Employment Period, Period the Executive will shall be entitled eligible to receive annual bonuses (each, regardless of whether for a 12-month period or a different period, an annual bonus (“"Annual Bonus") pursuant to this Section 3(b). The Annual Bonus shall be determined and paid at the sole discretion of 100% the Company pursuant to the terms and conditions of Base Salary at target performancethe Company's standard Management Incentive Plan as in effect from time to time, or any successor thereto (the "MIP"), with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th an MIP potential equal to 85 percent of the year following the year in which it was earnedBase Salary.

Appears in 2 contracts

Samples: Employment Agreement (Cardinal Health Inc), Employment Agreement (Cardinal Health Inc)

Annual Bonus. During the Employment Period, Executive will be entitled to receive an annual bonus (“Annual Bonus”) of 1000% of Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earned.

Appears in 2 contracts

Samples: Employment Agreement (JBG SMITH Properties), Employment Agreement (JBG SMITH Properties)

Annual Bonus. During In addition to the Base Salary, during the Employment Period, the Executive will shall be entitled eligible to receive an annual bonus (the "Annual Bonus") based on a target annual bonus (the "Target Bonus," which term shall include any subsequent adjustments thereto) of 100an amount equal to 45% of the Base Salary at target performance, with the actual amount earned payable in cashSalary. Such bonus Annual Bonus shall be paid no later than March 15th subject to the terms and conditions of the year following the year in which it was earnedCompany's annual bonus plan.

Appears in 2 contracts

Samples: Employment Agreement (Watford Holdings Ltd.), Employment Agreement (Watford Holdings Ltd.)

Annual Bonus. During With respect to each full fiscal year during the Employment PeriodTerm, Executive will shall be entitled eligible to receive earn an annual bonus award (an “Annual Bonus”) of 100% forty percent (40%) of Executive’s Base Salary at target performance, (the “Target”) based upon the achievement of certain performance goals established by the Board and generally consistent with the actual amount earned payable in cashCompany’s budget and performance goals established for other management employees. Such bonus The Annual Bonus, if any, shall be paid no later than March 15th to Executive within two and one-half (2.5) months after the end of the year following the year in which it was earnedapplicable fiscal year.

Appears in 2 contracts

Samples: Employment Agreement (Rub Music Enterprises, Inc.), Employment Agreement (Rub Music Enterprises, Inc.)

Annual Bonus. During For each fiscal year completed during the Employment Period, the Executive will shall be entitled eligible to receive an annual cash bonus ("Annual Bonus") based upon performance targets that are established as soon as practicable by mutual agreement between the Executive and the compensation committee of 100the Board, provided that, the Executive's target Annual Bonus shall be at least 50% of his Annual Base Salary at target performance, with (the actual amount earned payable in cash. Such bonus "Target Bonus") and his maximum Annual Bonus shall be paid no later than March 15th at least 150% of the year following the year in which it was earnedhis Annual Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Annuity & Life Re Holdings LTD), Employment Agreement (Annuity & Life Re Holdings LTD)

Annual Bonus. During the Employment Period, the Executive will shall be entitled eligible to receive an annual cash bonus ("Annual Bonus") at a target of 50% of his Annual Base Salary up to a maximum of 100% of Annual Base Salary, provided the Annual Bonus shall be in a minimum amount such that the sum of the Executive's Annual Base Salary at target performance, with the actual amount earned payable in cash. Such bonus and Annual Bonus shall be paid no later less than March 15th 80% of the year following sum of the annual base salary and annual bonus paid to the Chief Executive Officer of the Company with respect to the year in which it was earnedquestion.

Appears in 2 contracts

Samples: Employment Agreement (First American Corp /Tn/), Employment Agreement (First American Corp /Tn/)

Annual Bonus. During the Employment Period, Executive will be entitled to receive an annual target bonus (“Annual Bonus”) of 100% of Base Salary at target performanceSalary, with the actual amount earned payable in cash. Such If Executive’s annual target bonus shall be paid no later than March 15th is increased or decreased by the Company, such increased or decreased annual target bonus will then constitute the target bonus for all purposes of the year following the year in which it was earnedthis Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Aurora Acquisition Corp.), Employment Agreement (Aurora Acquisition Corp.)

Annual Bonus. During the Employment Period, for each fiscal year, the Executive will be entitled eligible to receive earn an annual bonus. The targeted amount of that bonus (“Annual Bonus”) of 100will be 40% of Executive’s Base Salary at target performancefor the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Board based on the achievement of corporate and/or individual performance objectives established by the Board, with in each case as determined by the actual amount earned Board in its sole discretion. Any bonus payable in cash. Such bonus shall under this paragraph will only be paid no later than March 15th of if the year following Executive remains continuously employed by the year in which it was earnedCompany through the date the annual bonus is paid.

Appears in 2 contracts

Samples: Employment Agreement (Cardiol Therapeutics Inc.), Employment Agreement (Cardiol Therapeutics Inc.)

Annual Bonus. During the Employment PeriodIn addition to his Base Salary, Executive will shall be entitled to receive paid an annual bonus (“Annual the "Bonus") during the term of his employment hereunder with a target amount equal to 50% of Base Salary (the "Target Bonus") and a maximum amount equal to 100% of Base Salary at target performance, with based on performance criteria determined by the actual amount earned payable Company in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedits reasonable discretion.

Appears in 2 contracts

Samples: Employment Agreement (Brunos Inc), Employment Agreement (Brunos Inc)

Annual Bonus. During the Employment Period, the Executive will shall be entitled eligible to receive an annual cash bonus (the "Annual Bonus”) "), with a target bonus opportunity of 100up to 125% of the Executive's Annual Base Salary at target performance, with (the "Target Annual Bonus"). The actual amount earned payable in cash. Such bonus of the Annual Bonus shall be paid determined based on the achievement by the Executive of pre-established performance goals, which goals shall be no later less favorable than March 15th of the year following goals established for the year Executive under the Company's annual bonus program as in which it was earnedeffect on the date hereof.

Appears in 2 contracts

Samples: Employment Agreement (Comerica Inc /New/), Employment Agreement (Comerica Inc /New/)

Annual Bonus. During the Employment Period, the Executive will shall be entitled to receive paid an annual cash bonus ("Annual Bonus") with a target level of 100% of not less than 4.85 times Annual Base Salary at target performance("Target Bonus"), with or such greater amount as determined by the actual amount earned payable in cash. Such Human Resources Committee of the Board (the "HR Committee"); provided, however, that a minimum annual bonus shall be paid no later than March 15th of in any event to the year following Executive equal to the year in which it was earned.difference between one million dollars and the Annual Base Salary; and further provided, that (A) the formula for

Appears in 1 contract

Samples: Employment Agreement (Republic New York Corp)

Annual Bonus. During the Employment Periodperiod of employment, Executive will shall be entitled to receive earn an annual performance-based bonus (“Annual Bonus”) as follows: Executive will be eligible to receive an Annual Bonus of up to 100% of Base Salary at target performanceExecutive's then-current Salary, with based on Executive's achievement of performance objectives as established in good faith by the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th Board (or any Compensation Committee of the year following the year in which it was earnedBoard).

Appears in 1 contract

Samples: Employment Agreement (Umami Sustainable Seafood Inc.)

Annual Bonus. During the Employment Period, the Executive will be entitled to shall receive an annual cash bonus ("Annual Bonus") in an amount no less than $168,505, which is the highest annual bonus paid to the Executive by Keystone in respect of 100% of Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th any of the year following three calendar years prior to the year in which it was earnedEffective Date (the "Minimum Bonus").

Appears in 1 contract

Samples: Employment Agreement (M&t Bank Corp)

Annual Bonus. During the Employment Period, the Executive will shall be entitled to receive paid an annual cash bonus ("Annual Bonus") with a target level of 100% of not less than 3.5 times Annual Base Salary at target performance("Target Bonus"), with or such greater amount as determined by the actual amount earned payable in cash. Such Human Resources Committee of the Board (the "HR Committee"); provided, however, that a minimum annual bonus shall be paid no later than March 15th of in any event to the year following Executive equal to the year in which it was earned.difference between one million dollars and the Annual Base Salary; and further provided, that (A) the formula for determining Executive's 1999 Award under the Company's 1994 Performance

Appears in 1 contract

Samples: Employment Agreement (Republic New York Corp)

Annual Bonus. During the Employment Period, Executive will be entitled to receive an annual bonus (“Annual Bonus”payable in cash and/or equity of the Company) of 100% of Base Salary at target performance, on the same basis as other senior executives commensurate with his position with the actual amount earned payable Company to be determined in cash. Such bonus shall be paid no later than March 15th the discretion of the year following Company. The target for the year in which it was earnedvalue of the annual bonus will be $1,000,000 (but, such bonus will be at the discretion of the Company).

Appears in 1 contract

Samples: Employment Agreement (Vornado Realty Trust)

Annual Bonus. During the Employment Period, the Executive will be entitled to shall receive an annual cash bonus ("Annual Bonus") in an amount such that the sum of 100% of his Annual Base Salary at target performance, with and the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th Annual Bonus is the higher of (x) the sum of the annual base salary and annual bonus paid to the Executive with respect to calendar year following 1996, and (y) the sum of the annual base salary and annual bonus paid to the Chief Executive Officer of the Company with respect to the year in which it was earnedquestion.

Appears in 1 contract

Samples: Employment Agreement (First Bank System Inc)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of 100up to 75% of Annual Base Salary at target performancecontingent upon the achievement of qualitative and quantitative performance goals established by the Board of Directors of the Company (the “Board”); provided, however, that with the actual amount earned payable in cashrespect to calendar year 2013, Executive shall receive a guaranteed Bonus equal to $100,000. Such bonus The Bonus, if any, shall be paid no later than March 15th in accordance with the terms of the year following the year Company bonus plan as in which it was earnedeffect from time to time.

Appears in 1 contract

Samples: Employment Agreement (EVERTEC, Inc.)

Annual Bonus. During the Employment PeriodTerm of Employment, the Executive will shall be entitled eligible to receive an annual bonus performance bonus, with a target of 50% of Base Salary, for each fiscal year of the Employer at the discretion of the Employer, payable in cash (each an “Annual Bonus”) of 100% of Base Salary at target performance), which shall be determined in accordance with criteria established by the actual amount earned Board or any compensation committee appointed by the Board. No Annual Bonus will be payable in cash. Such bonus shall be paid no later than March 15th respect of the year following the year in which it was earned2014.

Appears in 1 contract

Samples: Executive Employment Agreement (Liquid Holdings Group, Inc.)

Annual Bonus. During the Employment Period, the Executive will shall be entitled to receive an annual cash bonus ("Annual Bonus") at a target of 10035% up to a maximum of 55% of the deemed annual base salary of $200,000 (as opposed to the Annual Base Salary at target performanceSalary), with to be determined on the actual amount earned payable in cash. Such same basis as annual bonus shall be paid no later than March 15th is determined for other Executive Vice Presidents of the year following the year in which it was earnedNPI.

Appears in 1 contract

Samples: Employment Agreement (National Processing Inc)

Annual Bonus. During the Employment Period, Executive will be entitled to receive an annual bonus (“Annual Bonus”) of the greater of $425,000 or 100% of Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earned.

Appears in 1 contract

Samples: Employment Agreement (JBG SMITH Properties)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of 100up to 150% of Annual Base Salary at target performance(the “Maximum Bonus Opportunity”), with contingent upon the actual amount earned payable in cashachievement of qualitative and quantitative performance goals approved by the Board. Such bonus The Bonus, if any, shall be paid no later than March 15th of the year following the fiscal year in to which it was earnedthe Bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Hospitality Distribution Inc)

Annual Bonus. During For each fiscal year during the Employment Periodterm of employment, the Executive will shall be entitled eligible to receive an annual a bonus (“Annual Bonus”) in a range of 10015 – 200% of Base Salary at target based on performance, with and as may be determined from time to time by the actual amount earned payable Board in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedits discretion.

Appears in 1 contract

Samples: Executive Employment Agreement (IDS Industries, Inc.)

Annual Bonus. During the Employment Period, Executive will shall be entitled eligible to receive an annual bonus for each fiscal year during the Employment Period at a target equal to 100% of Annual Base Salary (“Annual Bonus”), based on Company and individual performance and subject to the discretion of the Company’s board of directors (the “Board of Directors”) of 100% of Base Salary at target performance, with the actual amount or a committee thereof. Any Annual Bonus earned payable in cash. Such bonus shall will be paid to Executive no later than March 15th 15 of the year following the year in which it was is earned.

Appears in 1 contract

Samples: Employment Agreement (Lordstown Motors Corp.)

Annual Bonus. During With respect to each full calendar year during the Employment PeriodTerm, Executive will shall be entitled eligible to receive earn an annual bonus award (an “Annual Bonus”) targeted at eighty percent (80%) of 100Executive’s Base Salary (the “Target”), payout to range from 0-200% of Base Salary at target performanceTarget, with based upon the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th achievement of performance targets established by the year following the year in which it was earnedBoard.

Appears in 1 contract

Samples: Employment Agreement (Celanese CORP)

Annual Bonus. During the Employment PeriodTerm (effective beginning with the 2023 calendar year), the Executive will shall be entitled eligible to receive an annual bonus based on the achievement of performance goals established and evaluated by the Compensation Committee (the “Annual Bonus”) of 100). The Executive’s annual target bonus opportunity shall be equal to 125% of the Executive’s Base Salary at target performance(the “Target Bonus”). The Annual Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th within two and a half (2 1/2) months after the end of the year following during which the year in which it was Annual Bonus is earned.

Appears in 1 contract

Samples: Executive Employment Agreement (Centene Corp)

Annual Bonus. During the Employment PeriodTerm, the Executive will shall be entitled eligible to receive an annual bonus (the “Annual Bonus”) of 100). The Executive’s annual target bonus opportunity shall be equal to 150% of the Executive’s Base Salary at target performance, (the “Target Bonus”) with the actual amount earned payable in cashpotential to earn up to 200% of the Target Bonus, each based on the achievement of performance goals established and evaluated by the Compensation Committee. Such bonus The Annual Bonus, if any, shall be paid no later than March 15th within two and a half (2 1/2) months after the end of the year following during which the year in which it was Annual Bonus is earned.

Appears in 1 contract

Samples: Executive Employment Agreement (Centene Corp)

Annual Bonus. During With respect to each fiscal year completed during the Employment Period, the Executive will be entitled to receive an shall have a target annual bonus opportunity including for 2007 equal to 60% of his Annual Base Salary (“Annual Target Bonus”) of 100); provided that the maximum bonus payable for any fiscal year shall not exceed 200% of Base Salary at target performanceTarget Bonus with a $240,000.00 guaranteed. The Board shall establish, with in its sole discretion, the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of performance and payment conditions applicable to such annual bonuses and (i) for the year following 2007 the year in which it was earnedannual bonus should be pro-rated by months of employment.

Appears in 1 contract

Samples: Employment Agreement (Doral Financial Corp)

Annual Bonus. During For each fiscal year during the Employment Period, Executive will shall be entitled eligible to receive an annual bonus (the “Annual Bonus”) thereunder in respect of 100% each fiscal year based on a maximum full year bonus opportunity of three hundred percent (300%) of the Executive’s Base Salary at target performancefor the appliable fiscal year, with subject to the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th satisfaction of annual performance targets as approved annually by the year following the year in which it was earnedBoard, and subject to customary withholding.

Appears in 1 contract

Samples: Employment Agreement (Tesspay Inc.)

Annual Bonus. During For each calendar year completed during the Employment Period, the Executive will shall be entitled eligible to receive an annual cash bonus (“Annual Bonus”) based upon the attainment of 100performance targets that are established by the Board, provided that the Executive shall have a target Annual Bonus of at least 70% of his Annual Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedSalary.

Appears in 1 contract

Samples: Employment Agreement (Bally Total Fitness Holding Corp)

Annual Bonus. During The Employment Entity shall pay to the Employment Period, Executive will be entitled to receive an annual bonus (“Annual Bonus”) of in an amount up to 100% of the Base Salary for each calendar year that the Executive is employed under this Agreement (“Bonus Year”), based on the attainment of certain goals and objectives determined by the SH Executive Committee at target performance, with the actual amount earned payable in cashbeginning of such Bonus Year. Such bonus The payment of the Annual Bonus shall be paid no later than made on or before March 15th of the calendar year following the year in which it was earnedBonus Year.

Appears in 1 contract

Samples: Employment Agreement (Sun Communities Inc)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of 100up to 75% of Annual Base Salary at target performancecontingent upon the achievement of qualitative and quantitative performance goals established by the Board of Directors of the Company (the “Board”); provided, however, that with the actual amount earned payable in cashrespect to fiscal year 2012, Executive shall receive a guaranteed Bonus equal to $100,000. Such bonus The Bonus, if any, shall be paid no later than March 15th of in the year following the fiscal year in to which it was earnedthe Bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Evertec, LLC)

Annual Bonus. During the Employment Period, The Executive will may be entitled to receive an annual incentive bonus in an amount up to forty percent (“Annual Bonus”40%) of 100% of the Base Salary at target performance, with Rate. The award of a bonus as well as the actual amount earned bonus amount, if any, payable to the Executive shall be determined by the Company in cashits sole discretion, depending upon the Executive’s attainment of individual and the Company performance objectives. Such bonus shall The Executive’s annual bonus, if any, generally will be paid no later than March 15th of the year following the calendar year in to which it was earnedthe performance objectives relate. In order to receive any bonus, the Executive must be employed through the date that such bonus is paid.

Appears in 1 contract

Samples: Executive Employment Agreement (Bridgeway National Corp.)

Annual Bonus. During the Employment Period, the Executive will annually be entitled eligible to receive an annual earn a bonus (the “Annual Bonus”) of 100up to 80% to 110% of his Annual Base Salary at target performance, with based on the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th Company’s achievement of the annual Net Sales, Earnings per Share and Cash Flow objectives included in the annual budget approved by the Board and the achievement of one or more qualitative objectives as established at the beginning of each fiscal year following by the year in which it was earnedCompensation Committee of the Board.

Appears in 1 contract

Samples: Employment Agreement (Cyberonics Inc)

Annual Bonus. During With respect to each full fiscal year during the Employment PeriodTerm, Executive will shall be entitled eligible to receive earn an annual bonus award (an "Annual Bonus") of 100up to 50% of Executive's Base Salary at target performance, (the "Target") based upon the achievement of performance goals established under the Genesee Value Added bonus plan consistent with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th terms of the year following the year in which it was earnedplan.

Appears in 1 contract

Samples: Employment Agreement (Genesee & Wyoming Inc)

Annual Bonus. During the Employment Period, the Executive will shall be entitled eligible to receive an annual bonus ("Annual Bonus") with a target level of not less than 100% of Annual Base Salary at target performanceSalary, with or such greater amount as determined by the actual amount earned payable in cashCompensation Committee. Such bonus The Annual Bonus shall be paid no later than March 15th in cash or in such other form of consideration as agreed to by Executive and the year following the year in which it was earnedCompensation Committee from time to time.

Appears in 1 contract

Samples: Employment Agreement (Unumprovident Corp)

Annual Bonus. During the Employment Period, the Executive will shall be entitled eligible to receive an annual bonus opportunity (“Annual Bonus”) with a target of 10035% of the Executive’s Annual Base Salary at target performance(the “Target Bonus”). The actual Annual Bonus, with which could be higher or lower than the actual amount earned payable in cashTarget Bonus, shall be based on the attainment of performance objectives to be established by the Board or the Compensation Committee of the Board. Such bonus The Annual Bonus shall be paid in cash no later than March 15th 15 of the year following the year in to which it was earnedthe Annual Bonus relates.

Appears in 1 contract

Samples: Employment Agreement (BNC Bancorp)

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Annual Bonus. During the Employment PeriodTerm, Executive will be entitled eligible to receive an annual bonus (“Annual Bonus”) of 100up to [ ]% of Base Salary at target performance, with based on the actual amount earned payable in cash. Such bonus shall achievement of certain performance targets to be paid no later than March 15th to set by the [Compensation Committee of the year following Board (the year in which it was earned"Compensation Committee")] at the beginning of each fiscal year.

Appears in 1 contract

Samples: Employment Agreement

Annual Bonus. During the Employment Period, the Executive will be entitled to shall receive an annual cash bonus (“Annual Bonus”) of 100% of Base Salary in an amount at target performance, with least equal to the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th annual average of the Executive’s bonuses earned with respect to years 1999, 2000, and 2001 (the “Recent Annual Bonus”), pro rated in the case of any partial year following during the year in which it was earnedEmployment Period.

Appears in 1 contract

Samples: Employment Agreement (HSBC Holdings PLC)

Annual Bonus. During In addition to Annual Base Salary, the Executive shall be awarded, for each fiscal year or portion thereof during the Employment Period, Executive will be entitled to receive an annual bonus Annual Bonus opportunity (the "Annual Bonus") in an amount substantially consistent with competitive industry practice, prorated for any period consisting of 100% of Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later less than March 15th of the year following the year in which it was earned12 full months.

Appears in 1 contract

Samples: Employment Agreement (Conoco Inc /De)

Annual Bonus. During With respect to each fiscal year ending during the Employment Period, and any partial fiscal year occurring but not ending during the Employment Period, the Executive will be entitled to shall receive an annual bonus ("Annual Bonus") of 100not less than 70% of Base Salary at target performancethe annual bonus earned by the Chief Executive Officer of the Company, with the actual amount earned appropriate prorating for any such partial fiscal year. The Annual Bonus shall be payable in cash. Such bonus shall be paid no later than March 15th of accordance with the year following the year Company's regular payroll practice for its senior executives, as in which it was earnedeffect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Fleet Financial Group Inc)

Annual Bonus. During the Employment Period, Executive will be entitled to receive an annual bonus (“Annual Bonus”payable in cash and/or equity of the Company) of 100% of Base Salary at target performance, on the same basis as other senior executives commensurate with his position with the actual amount earned payable Company to be determined in cash. Such bonus shall be paid no later than March 15th the discretion of the year following Company. The target for the year in which it was earnedvalue of the annual bonus will be no less than $1,500,000 (but, such bonus will be at the discretion of the Company).

Appears in 1 contract

Samples: Employment Agreement (Vornado Realty Trust)

Annual Bonus. During the Employment Period, Executive will may be entitled eligible to receive an annual bonus with a target achievement of ______% of Annual Base Salary (the “Annual Bonus”) of 100% of Base Salary at target performance, with the actual amount earned payable in cash). Such bonus shall be paid no later than March 15th of the year following The Annual Bonus plan for the year in which it was earnedthe Effective Date occurs and beyond will be based on the achievement of the criteria approved by the Board or applicable committee. Any Annual Bonus if earned under a program adopted by the Company shall be [pro-rated for the initial year in which the Effective Date occurs and] subject to Executive’s continued employment through the applicable date of payment.

Appears in 1 contract

Samples: Employment Agreement (Amplitude, Inc.)

Annual Bonus. During For each complete calendar year of the Employment PeriodTerm, Executive will shall be entitled eligible to receive an annual bonus (the "Annual Bonus”) "). As of 100the Effective Date, the Executive's annual target bonus opportunity shall be equal to 130% of Base Salary at target performance(the "Target Bonus"), with based on the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th achievement of Company and Executive performance goals established by the Compensation Committee of the year following Board (the year in which it was earned"Compensation Committee"); provided that, depending on results, the Executive's actual bonus may be higher or lower than the Target Bonus, as determined by the Compensation Committee.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Inseego Corp.)

Annual Bonus. During For each calendar year completed during the Employment Period, the Executive will shall be entitled eligible to receive an annual cash bonus (“Annual Bonus”) based upon the attainment of 100% performance targets that are established by the Board, provided that the Executive shall have a target Annual Bonus of at least seventy percent (70%) of his Annual Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedSalary.

Appears in 1 contract

Samples: Employment Agreement (Bally Total Fitness Holding Corp)

Annual Bonus. During the Employment Period, the Executive will shall be entitled eligible to receive an annual cash bonus, with a target bonus (“Annual Bonus”) of equal to 100% of his Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedSalary.

Appears in 1 contract

Samples: Employment Agreement (Crompton & Knowles Corp)

Annual Bonus. During the Employment Period, the Executive will shall be entitled to receive paid an annual cash bonus ("Annual Bonus") with a target level of 100% of not less than 3.75 times Annual Base Salary at target performance("Target Bonus"), with or such greater amount as determined by the actual amount earned payable in cash. Such Human Resources Committee of the Board (the "HR Committee"); provided, however, that a minimum annual bonus shall be paid no later than March 15th of in any event to the year following Executive equal to the year in which it was earned.difference between one million dollars and the Annual Base Salary; and further provided, that (A) the formula for 2

Appears in 1 contract

Samples: Employment Agreement (Republic New York Corp)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of up to 100% of Annual Base Salary at target performance, with (the actual amount earned payable “Maximum Bonus”) pursuant to the terms and conditions set forth in cash. Such the EVERTEC Annual Performance Incentive Guidelines in effect on the date eligibility for a bonus shall be paid no later than March 15th of the year following the year in which it was earnedis determined.

Appears in 1 contract

Samples: Employment Agreement (EVERTEC, Inc.)

Annual Bonus. During the Employment Period, the Executive will shall be entitled eligible to receive earn an annual bonus (an "Annual Bonus") under the terms and conditions of 100% of Base Salary at target performancethe Corporation's Executive Incentive Bonus Plan (the "Bonus Plan"). For each full fiscal year during the Employment Period, with the actual amount earned payable in cash. Such bonus Executive shall be paid no later than March 15th entitled to earn a bonus based upon performance objectives established by the Compensation Committee of the Board. The target bonus level for each full fiscal year following during the year in which it was earned.Employment Period shall be 45% of

Appears in 1 contract

Samples: Employment Agreement (Pep Boys Manny Moe & Jack)

Annual Bonus. During the Employment Period, the Executive will shall be entitled eligible to receive an annual cash bonus (“Annual Bonus”) in an amount determined reasonably and in good faith by the Employer based upon Employer’s overall performance and business prospects and the performance and prospects of 100the Executive. The Employer shall consider setting the bonus opportunity between 150% and 300% of the Executive’s Base Salary at target performance, with each year. Any annual bonus payable to the actual amount earned payable in cash. Such bonus Executive hereunder shall be paid no later than March 15th at the time bonuses are otherwise paid to other executive officers of the Employer, but in any event, by March 15 of the calendar year following the year in with respect to which it was such annual bonus is earned.

Appears in 1 contract

Samples: Employment Agreement (Capitalsource Inc)

Annual Bonus. During the Employment PeriodTerm, the Executive will shall be entitled eligible to receive an annual bonus (the “Annual Bonus”) of 100). The Executive’s annual target bonus opportunity shall be equal to 125% of the Executive’s Base Salary at target performance, (the “Target Bonus”) with the actual amount earned payable in cashpotential to earn up to 250% of the Executive’s Base Salary, each based on the achievement of performance goals established and evaluated by the Compensation Committee. Such bonus The Annual Bonus, if any, shall be paid no later than March 15th within two and a half (2 1/2) months after the end of the year following during which the year in which it was Annual Bonus is earned.

Appears in 1 contract

Samples: Executive Employment Agreement (Centene Corp)

Annual Bonus. During the Employment Period, the Executive will be entitled to shall receive an annual cash bonus ("Annual Bonus") of 100% of Base Salary in an amount at target performance, with least equal to the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th annual average of the Executive's bonuses earned with respect to years 1999, 2000, and 2001 (the "Recent Annual Bonus"), pro rated in the case of any partial year following during the year in which it was earnedEmployment Period.

Appears in 1 contract

Samples: Employment Agreement (Household International Inc)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of up to 100% of Annual Base Salary at target performance(the “Maximum Bonus”) contingent upon the achievement of qualitative and quantitative performance goals established by the Board; provided, however, that with the actual amount earned payable in cashrespect to fiscal year 2012, Executive shall be eligible to earn a Bonus of up to 50% of Annual Base Salary. Such bonus The Bonus, if any, shall be paid no later than March 15th of in the year following the fiscal year in to which it was earnedthe Bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Evertec, LLC)

Annual Bonus. During In addition to the Base Salary, during the Employment Period, Period the Executive will shall be entitled eligible to receive annual bonuses (each, regardless of whether for a 12-month period or a different period, an annual bonus (“"Annual Bonus") pursuant to this Section 3(b). The Annual Bonus shall be determined and paid at the sole discretion of 100% the Company pursuant to the terms and conditions of Base Salary at target performancethe Company's standard Management Incentive Plan as in effect from time to time, or any successor thereto (the "MIP"), with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th an MIP potential equal to 75 percent of the year following the year in which it was earnedBase Salary.

Appears in 1 contract

Samples: Employment Agreement (Cardinal Health Inc)

Annual Bonus. During the Employment Period, the Executive will be entitled to receive shall have an annual cash bonus (“Annual Bonus”) opportunity of 100% of his Annual Base Salary at target performanceSalary, with provided that for calendar year 2000, the actual amount earned payable in cash. Such Executive shall receive a minimum bonus shall be paid no later than March 15th of the year following the year in which it was earned$125,000.

Appears in 1 contract

Samples: Employment Agreement (West Coast Bancorp /New/Or/)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) of 100% up to twenty five percent (25%) of Annual Base Salary at target performancecontingent upon the achievement of qualitative and quantitative performance goals approved by the Board. The Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th of in the year following the fiscal year to which the Bonus relates in which it was earnedaccordance with the terms of the Company bonus plan as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Great Wolf Resorts, Inc.)

Annual Bonus. During the Employment Period, the Executive will be entitled to shall receive an annual cash bonus ("Annual Bonus") in an amount such that the sum of 100% of his Annual Base Salary at target performance, with and the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th Annual Bonus is equal to the sum of the year following annual base salary and annual bonus of the Chief Executive Officer of the Company with respect to the year in which it was earnedquestion, pro rated in the case of any partial years during the Employment Period.

Appears in 1 contract

Samples: Employment Agreement (Us Bancorp \De\)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual bonus (the Annual Bonus”) of targeted at 100% of Annual Base Salary at target performanceSalary, with a maximum bonus of 150% of Annual Base Salary, contingent upon the actual amount earned payable in cashachievement of qualitative and quantitative performance goals approved by the Board. Such bonus The Bonus, if any, shall be paid no later than March 15th of the year following the fiscal year to which the Bonus relates. Executive shall be eligible for a Bonus in which it was earnedrespect of 2018 on a pro rata basis based on the Effective Date.

Appears in 1 contract

Samples: Employment Agreement (Cec Entertainment Inc)

Annual Bonus. During In addition to the Base Salary, during the Employment Period, the Executive will shall be entitled eligible to receive an annual bonus (the "Annual Bonus") based on a target annual bonus (the "Target Bonus," which term shall include any subsequent adjustments thereto) of 100an amount equal to 62.5% of the Base Salary at target performance, with the actual amount earned payable in cashSalary. Such bonus Annual Bonus shall be paid no later than March 15th subject to the terms and conditions of the year following the year in which it was earnedCompany's annual bonus plan.

Appears in 1 contract

Samples: Employment Agreement (Watford Holdings Ltd.)

Annual Bonus. During With respect to each full fiscal year during the Employment PeriodTerm, Executive will be entitled shall have the opportunity to receive earn an annual bonus award (the “Annual Bonus”) of 100% of his Base Salary (“Annual Bonus Target”), as in effect at target performancethe beginning of the applicable fiscal year, with based upon the actual amount earned payable in cash. Such bonus achievement of annual performance targets established by the Board; provided, however, if Executive achieves superior performance targets as established by the Board, then Executive shall be paid no later than March 15th eligible to receive a bonus award constituting 200% of the year following the year in which it was earnedhis Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Energy Future Holdings Corp /TX/)

Annual Bonus. During the Employment Period, Executive will be entitled to receive an annual target bonus (“Annual Bonus”) of 100[ ]% of Base Salary at target performanceSalary, with the actual amount earned payable in cash. Such If Executive’s annual target bonus shall be paid no later than March 15th is increased or decreased by the Company, such increased or decreased annual target bonus will then constitute the target bonus for all purposes of the year following the year in which it was earnedthis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Aurora Acquisition Corp.)

Annual Bonus. During the Employment Period, Executive will shall be entitled to receive eligible for an annual bonus under a bonus program to be established by the Compensation Committee of the Board and approved by the Board. Under the bonus program, Executive’s annual bonus will be tied to performance criteria and Executive shall be eligible for a bonus of forty to fifty percent (“Annual Bonus”40-50%) of 100% of Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedhis annual base salary.

Appears in 1 contract

Samples: Employment Agreement (Nuvox Inc /De/)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual bonus (“Annual the "Bonus") of 100targeted at I 00% of Annual Base Salary at target performanceSalary, with a maximum bonus of 150% of Annual Base Salary, contingent upon the actual amount earned payable in cashachievement of qualitative and quantitative performance goals approved by the Board. Such bonus The Bonus, if any, shall be paid no later than March 15th of the year following the fiscal year to which the Bonus relates. Executive shall be eligible for a Bonus in which it was earnedrespect of 2015 on a pro rata basis based on the Effective Date.

Appears in 1 contract

Samples: Employment Agreement (Cec Entertainment Inc)

Annual Bonus. During the Employment Periodeach Term, Executive will be entitled eligible to receive an annual bonus (“Annual Bonus”) of 100% of Base Salary at target performanceincentive bonus, with a target bonus amount equal to $150,000. The actual bonus amount will be based upon achievement of Company and individual performance targets established by the actual amount earned payable in cashBoard for the fiscal year to which the bonus relates. Such The payment of any annual bonus shall will be paid no later than to Executive on or prior to March 15th of 15 and will be subject to your continued employment with the year following Company through the year in which it was earnedapplicable payment date.

Appears in 1 contract

Samples: Employment Agreement (Guided Therapeutics Inc)

Annual Bonus. During the Employment Period, the Executive will be entitled to shall receive an annual bonus ("Annual Bonus”) "), whether payable in cash or otherwise, such that the sum of 100% of the Executive's Annual Base Salary at target performance, with and Annual Bonus is no less than the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th sum of the year following annual base salary and annual bonus of the year in which it was earnedChief Executive Officer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Norwest Corp)

Annual Bonus. During the Employment Period, the Executive will shall be entitled eligible to receive an annual bonus opportunity (“Annual Bonus”) with a target of 10040% of the Executive’s Annual Base Salary at target performance(the “Target Bonus”). The actual Annual Bonus, with which could be higher or lower than the actual amount earned payable in cashTarget Bonus, shall be based on the attainment of performance objectives to be established by the Board or the Compensation Committee of the Board. Such bonus The Annual Bonus shall be paid in cash no later than March 15th 15 of the year following the year in to which it was earnedthe Annual Bonus relates.

Appears in 1 contract

Samples: Employment Agreement (BNC Bancorp)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) with a target amount equal to seventy-five percent (75%) of 100% of Annual Base Salary at target performancecontingent upon the achievement of qualitative and quantitative performance goals approved by the Board. The Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th in accordance with the terms of the year following applicable bonus plan as in effect from time to time, and shall require that Executive be employed with the year in which it was earnedCompany on the date of payment of such Bonus.

Appears in 1 contract

Samples: Employment Agreement (Warrior Met Coal, Inc.)

Annual Bonus. During the Employment Period, in addition to the Base Salary, the Company shall pay the Executive will be entitled to receive an annual bonus of $175,000 (the "Annual Bonus”) of 100% of Base Salary at target performance, with the actual amount earned payable in cash"). Such bonus The Annual Bonus shall be paid as soon as practicable, but in no later event more than March 15th of the year 30 days, following the year in which it was is earned., unless electively deferred by the Executive pursuant to any deferral programs or arrangements that the Company may make available to the Executive

Appears in 1 contract

Samples: Employment Agreement (Worldspan BBN Holdings LLC)

Annual Bonus. During the Employment Period, Executive will may be entitled eligible to receive an annual bonus with a target achievement of ____% of Annual Base Salary (the “Annual Bonus”) of 100% of Base Salary at target performance, with the actual amount earned payable in cash). Such bonus shall be paid no later than March 15th of the year following The Annual Bonus plan for the year in which it was earnedthe Effective Date occurs and beyond will be based on the achievement of the criteria approved by the Board or applicable committee. Any Annual Bonus if earned under a program adopted by the Company shall be [pro-rated for the initial year in which the Effective Date occurs and] subject to Executive’s continued employment through the applicable date of payment.

Appears in 1 contract

Samples: Employment Agreement (Amplitude, Inc.)

Annual Bonus. During the Employment PeriodTerm, the Executive will shall be entitled to receive eligible for an annual bonus of up to 60% of his Salary based on minimum performance standards to be determined on an annual basis by management of Employer (the “Annual Bonus”) of 100% of Base Salary at target performance, ). The Employer shall pay the Executive the Annual Bonus consistent with the actual amount earned payable in cash. Such its normal bonus shall be paid no later than March 15th of the year following the year in which it was earnedpractices.

Appears in 1 contract

Samples: Employment Agreement (Measurement Specialties Inc)

Annual Bonus. During the Employment Period, with respect to each completed fiscal year of the Company, Executive will shall be entitled eligible to receive an annual a bonus (the Annual Bonus”) with a target amount equal to eighty percent (80%) of 100% of Annual Base Salary at target performancecontingent upon the achievement of qualitative and quantitative performance goals approved by the Board. The Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th in accordance with the terms of the year following applicable bonus plan as in effect from time to time, and shall require that Executive be employed with the year in which it was earnedCompany on the date of payment of such Bonus.

Appears in 1 contract

Samples: Employment Agreement (Warrior Met Coal, Inc.)

Annual Bonus. During the Employment PeriodTerm (effective beginning with the 2023 calendar year), the Executive will shall be entitled eligible to receive an annual bonus based on the achievement of performance goals established and evaluated by the Compensation Committee (the “Annual Bonus”) of ). The Executive’s annual target bonus opportunity shall be equal to 100% of the Executive’s Base Salary at target performance(the “Target Bonus”). The Annual Bonus, with the actual amount earned payable in cash. Such bonus if any, shall be paid no later than March 15th within two and a half (2 1/2) months after the end of the year following during which the year in which it was Annual Bonus is earned.

Appears in 1 contract

Samples: Executive Employment Agreement (Centene Corp)

Annual Bonus. During the Employment Periodterm of this Agreement, Executive will shall be entitled eligible to receive earn an annual performance bonus based on a target bonus opportunity of 100% of the Base Salary (the “Annual Bonus”) ), based on the attainment of 100% of Base Salary at target performancecertain annual objectives and performance goals to be determined by the Board, in its sole discretion, after consulting with the actual amount Executive. Any Annual Bonus earned payable in cash. Such bonus for a particular fiscal year shall be paid to Executive no later than March 15th of the year following the year in respect of which it was such bonus is earned, subject to Executive’s continued employment through the date of payment.

Appears in 1 contract

Samples: Employment Agreement (Bullish)

Annual Bonus. During the Employment Period, the Executive will be entitled to shall receive an annual bonus ("Annual Bonus”) "), whether payable in cash or otherwise, such that the sum of 100% of the Executive's Annual Base Salary at target performance, with and Annual Bonus is no less than the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th sum of the year following annual base salary and annual bonus of the year in which it was earnedPeer Executive.

Appears in 1 contract

Samples: Employment Agreement (Norwest Corp)

Annual Bonus. During the Employment PeriodTerm, Executive will shall be entitled eligible to receive earn an annual bonus award (an "Annual Bonus”) of "), with a target bonus amount equal to 100% of the Base Salary at target performance(the "Target Bonus"), with adjustments based on the actual amount earned payable schedules set forth in cashthe Citizens Incentive Plan, as amended from time to time. Such In no instance will the adjustments to the Plan result in a reduction in the target bonus shall be paid no later to less than March 15th 100% of the year following the year in which it was earnedbase salary.

Appears in 1 contract

Samples: Employment Agreement (Citizens Communications Co)

Annual Bonus. During Commencing on the Effective Date, Executive shall be eligible, during the Employment Period, Executive will be entitled to receive an annual bonus (the “Annual Bonus”) of 100based on such criteria as is determined in accordance with the Company’s annual incentive bonus plan. Executive’s target Annual Bonus shall be equal to 112.5% of Base Salary at target performance, with the actual amount earned payable in cash. Such bonus shall be paid no later than March 15th of the year following the year in which it was earnedSalary.

Appears in 1 contract

Samples: Employment Agreement (Generac Holdings Inc.)

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