Common use of Annual Cash Bonus Clause in Contracts

Annual Cash Bonus. Executive shall be eligible for an annual cash bonus equal to a target of 75% of Executive's Base Salary (the "Year-End Bonus") to be paid to him in each calendar year and shall be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Human Resources Committee. The Year-End Bonus for each calendar year shall be paid to Executive on or before the end of February 28th of the immediately succeeding year.

Appears in 2 contracts

Samples: Employment Agreement (Gaylord Entertainment Co /De), Employment Agreement (Gaylord Entertainment Co /De)

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Annual Cash Bonus. Executive shall be eligible entitled to earn bonuses during the Term (the “Annual Cash Bonus”), based upon Executive’s achievement of performance objectives set by the Compensation Committee (the “Performance Goals”), with a targeted bonus of fifty percent (50%) of Executive’s annual salary for an annual such fiscal year (or partial fiscal year). Any such bonus will be paid within the year following the year for which the cash bonus equal to a target of 75% of Executive's Base Salary (the "Year-End Bonus") to be paid to him in each calendar year and shall be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Human Resources Committee. The Year-End Bonus for each calendar year shall be paid to Executive on or before the end of February 28th of the immediately succeeding yearwas earned.

Appears in 2 contracts

Samples: Employment Agreement (New Generation Biofuels Holdings, Inc), Employment Agreement (New Generation Biofuels Holdings, Inc)

Annual Cash Bonus. Executive shall be eligible for an annual cash bonus equal to a target of 7550% of Executive's ’s Base Salary Salary, up to a maximum of 100% of Base Salary, (the "Year-End “Annual Bonus") to be paid to him in each calendar year and shall be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's ’s Human Resources Committee. The Year-End Annual Bonus for each calendar year shall be paid to Executive on or before the end of February 28th of the immediately succeeding year.

Appears in 2 contracts

Samples: Employment Agreement (Ryman Hospitality Properties, Inc.), Employment Agreement (Gaylord Entertainment Co /De)

Annual Cash Bonus. In addition to Executive’s base salary, Executive shall be eligible for entitled to participate during the Term in an annual cash bonus equal plan generally available to a target senior executives of 75% of Executive's Base Salary (the "Year-End Bonus") to be paid to him in each calendar year Company, including any cash bonus plans and shall be determined based on the achievement of certain goals and Company performance criteria as established equity incentive plans sponsored by the CEO and approved by the Board's Human Resources CommitteeCompany. The Year-End Bonus for each calendar year Any annual cash bonus shall be paid to Executive on or before within two and one-half (2.5) months following the end of February 28th the fiscal year in which the Executive has a right to payment of the immediately succeeding yearbonus.

Appears in 2 contracts

Samples: Executive Employment Agreement (Fushi International Inc), Executive Employment Agreement (Fushi International Inc)

Annual Cash Bonus. In addition to the Annual Base Salary, effective as of the performance period commencing January 1, 2014, Executive shall will be eligible for to receive an annual cash bonus equal to a target of 75% of Executive's Base Salary (each fiscal year during the "Year-End Bonus") to be paid to him Employment Period as determined in each calendar year accordance with the Company’s annual bonus plan and shall be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Human Resources CommitteeCompensation Committee (the “Annual Bonus”). The Year-End actual amount of any Annual Bonus for each calendar year shall be paid to Executive depend on or before the end level of February 28th achievement of the immediately succeeding yearapplicable performance criteria established with respect to the Annual Bonus by the Board and the Compensation Committee in their sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Air Methods Corp)

Annual Cash Bonus. As of the Effective Date, the Executive shall be eligible for paid an annual cash bonus equal Annual Cash Bonus up to a target maximum of 75% twenty (20%) percent of Executive's his annual Base Salary Salary, with ten (the "Year-End Bonus"10%) to be paid to him in each calendar year percent based on financial performance and ten (10%) percent based on performance metrics, both of which shall be determined based on by and at the achievement discretion of certain goals and Company performance criteria as established by the Company’s CEO and approved by the Board's Human Resources Committeefrom time to time. The Year-End Annual Cash Bonus for each calendar year shall be paid to Executive on or before due and payable not later than sixty (60) days following the end of February 28th closing of the immediately succeeding year.fiscal year of the Company and filing of the associated Form 10-K.

Appears in 1 contract

Samples: Employment Agreement (VOXX International Corp)

Annual Cash Bonus. For each calendar year during the Term beginning with 2011, Executive shall be eligible for to receive an annual cash bonus equal to based on pre-established performance goals established by the Board or a committee thereof with a target cash bonus of 75160% of Executive's Base Salary and a range of cash bonus from 0% to 300% of Base Salary (the "Year-End “Annual Cash Bonus") to be paid to him in each calendar year and shall be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Human Resources Committee”). The Year-End Any Annual Cash Bonus for each calendar year shall be paid to Executive on or before the end of February 28th no later than March 15 of the immediately succeeding yearyear following the year to which such Annual Cash Bonus relates.

Appears in 1 contract

Samples: Employment Agreement (ALTERRA CAPITAL HOLDINGS LTD)

Annual Cash Bonus. During the Employment Period, the Executive shall be eligible for have the opportunity to earn an annual cash bonus. The payment of any annual bonus equal to a target of 75% of Executive's Base Salary (the "Year-End Bonus") to be paid to him in each calendar year and shall be determined based on contingent upon the achievement of certain corporate and/or individual performance goals and Company performance criteria as established by the CEO and approved Board in its discretion. The Executive's cash bonus target for the first year shall be 100% of the Executive's base salary or $250,000. Such cash bonus shall be subject to review each year for possible increase by the Board's Human Resources Committee. The Year, but shall in no event be decreased from its then-End Bonus for each calendar year shall be paid to Executive on or before existing level during the end of February 28th of the immediately succeeding yearEmployment Period.

Appears in 1 contract

Samples: Employment Agreement (U S Wireless Data Inc)

Annual Cash Bonus. During the Employment Period beginning with fiscal year 2003, Executive shall be eligible for an annual cash bonus equal of up to a target of 75100% of Executive's Base Salary (the "YearYEAR-End BonusEND BONUS") to be paid to him in each calendar year and shall with the determination of the Year-End Bonus, if any, to be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Human Resources Compensation Committee. The Year-End Bonus for each calendar year shall be paid to Executive on or before the end of February 28th April 30th of the immediately succeeding year.

Appears in 1 contract

Samples: Employment Agreement (Resortquest International Inc)

Annual Cash Bonus. During the Employment Period, Executive shall be eligible for an annual cash bonus equal of up to a target of 7560% of Executive's Base Salary (the "YearYEAR-End BonusEND BONUS") to be paid to him in each calendar year and shall with the determination of the Year-End Bonus, if any, to be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Human Resources Compensation Committee. The Year-End Bonus for each calendar year shall be paid to Executive on or before the end of February 28th April 30th of the immediately succeeding year.

Appears in 1 contract

Samples: Employment Agreement (Resortquest International Inc)

Annual Cash Bonus. Executive shall be eligible for an annual cash bonus equal to a target of 75100% of Executive's ’s Base Salary Salary, up to a maximum of 200% of Base Salary, (the "Year-End “Annual Bonus") to be paid to him in each calendar year year, and shall be determined based on the achievement of certain annually set performance goals and Company performance criteria criteria, subject and pursuant to the terms and conditions of the Company’s Cash Incentive Plan, as established by the CEO and approved by the Board's Human Resources Committeeit is amended from time to time. The Year-End Annual Bonus for each calendar year shall be paid to Executive on or before the end of February 28th of the immediately succeeding year.

Appears in 1 contract

Samples: Executive Employment Agreement (Gaylord Entertainment Co /De)

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Annual Cash Bonus. In addition to Executive's base salary, Executive shall may be eligible for entitled to participate during the Term in an annual cash bonus equal to a target of 75% of Executive's Base Salary (plan and equity incentive plans sponsored by the "Year-End Bonus") to Company as may be paid to him in each calendar year and shall be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Human Resources Committeefrom time to time. The Year-End Bonus for each calendar year Any annual cash bonus shall be paid to Executive on or before within two and one-half (2.5) months following the end of February 28th the fiscal year in which the Executive has a right to payment of the immediately succeeding yearbonus.

Appears in 1 contract

Samples: Executive Employment Agreement (Fushi Copperweld, Inc.)

Annual Cash Bonus. Executive shall be eligible for an annual cash bonus equal to a target of 7550% of Executive's ’s Base Salary, up to a maximum of 100% of Base Salary (the "Year-End “Annual Bonus") to be paid to him in each calendar year and shall be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's ’s Human Resources Committee. The Year-End Annual Bonus for each calendar year shall be paid to Executive on or before the end of February 28th of the immediately succeeding year.

Appears in 1 contract

Samples: Employment Agreement (Ryman Hospitality Properties, Inc.)

Annual Cash Bonus. The Executive shall be eligible for to earn an annual cash bonus equal to a target of 75between 0-30% of the Executive's ’s Base Salary (the "Year-End Annual Bonus") to be paid to him in each calendar year and ). The granting of an Annual Bonus, if any, shall be determined based on the achievement performance of certain goals the business and Company performance criteria as established the Executive and it is subject to the approval by the CEO and approved by the Board's Human Resources CommitteeBoard in its sole discretion. The Year-End Bonus Annual Bonus, if any, payable for each any calendar year shall be paid to Executive on or before the end of February 28th no later than March 15 of the immediately succeeding following calendar year. To be eligible to receive any Annual Bonus, the Executive must be a current employee in good standing of the Corporation at the time that Annual Bonus payments are made.

Appears in 1 contract

Samples: Employment Agreement (Aeterna Zentaris Inc.)

Annual Cash Bonus. Executive shall be eligible for an annual cash bonus equal to a target of 75150% of Executive's ’s base salary, up to a maximum of 300% of Base Salary (the "Year-End “Annual Bonus") ”), to be paid to him in with respect to each calendar year year, and shall be determined based on the achievement of certain goals and Company performance criteria as annually established by the CEO and approved by Human Resources Committee of the Board's Human Resources Committee, subject and pursuant to the terms of the Company’s Cash Incentive Plan, as it is amended from time to time. The Year-End Subject to the Company’s determinations pursuant to the Cash Incentive Plan, the Annual Bonus for each calendar year shall be paid to Executive on or before the end of February 28th of the immediately succeeding year.

Appears in 1 contract

Samples: Employment Agreement (Ryman Hospitality Properties, Inc.)

Annual Cash Bonus. Executive shall be eligible for an annual cash bonus equal to a target of 75% of Executive's ’s Base Salary (the "Year-End “Annual Bonus") to be paid to him in each calendar year and shall be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's ’s Human Resources Committee. The Year-End Annual Bonus for each calendar year shall be paid to Executive on or before the end of February 28th of the immediately succeeding year.

Appears in 1 contract

Samples: Employment Agreement (Gaylord Entertainment Co /De)

Annual Cash Bonus. During the Employment Period, Executive shall be eligible for an annual cash bonus equal of up to a target of 7545% of Executive's Base Salary (the "Year-End Bonus") to be paid to him in each calendar year and shall with the determination of the Year-End Bonus, if any, to be determined based on the achievement of certain goals and Company performance criteria as established by the CEO and approved by the Board's Human Resources Committee. The Year-End Bonus for each calendar year shall be paid to Executive on or before the end of February 28th of the immediately succeeding year.

Appears in 1 contract

Samples: Employment Agreement (Gaylord Entertainment Co /De)

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