Annual Incentive Compensation Program. Executive shall be eligible to participate in any and every annual incentive compensation program of the Company, at a level commensurate with other Company senior executives, as established by the Board of Directors of the Company from time to time.
Annual Incentive Compensation Program. During the Term, Employee shall be eligible for an annual discretionary performance-based bonus of 75% of base compensation at target level of achievement (the “Target Bonus”). This bonus shall be based upon achievement of such objectives established by the Compensation Committee, which may include financial, operational, strategic and personal objectives. Except as expressly provided in Sections 4.3 and 4.4, Employee shall not be entitled to any bonus or other incentive compensation with respect to the calendar year in which Employee’s employment with the Company is terminated for any reason.
Annual Incentive Compensation Program. Executive will participate in an annual incentive compensation program the terms and conditions of which will have been reviewed by the Compensation Committee and upon the recommendation of such Compensation Committee will have been submitted to, and approved by, the Board.
Annual Incentive Compensation Program. Executive shall be entitled to participate in the Annual Incentive Compensation Program ("AICP") pursuant to the terms and conditions of such program as it may exist from time to time, provided that with respect to Executive,
Annual Incentive Compensation Program. Executive shall be entitled to participate in the Annual Incentive Compensation Program ("AICP") pursuant to the terms and conditions of such program as it may exist from time to time. Executive's target bonus opportunity level shall be forty percent (40%) of annual base salary based principally upon the financial performance parameters of the Company and achievement of individual performance goals established in conjunction with the CEO of the Company.
Annual Incentive Compensation Program. Employee’s bonus shall be determined by the compensation committee of the Board (the “Compensation Committee”) in its sole discretion in accordance with the terms of Employer’s Annual Incentive Compensation Program. Notwithstanding the foregoing, Employee shall receive, no later than March 31st of each calendar year, his Annual Incentive Compensation Program outlining his potential bonus calculations and performance criteria to achieve such discretionary bonus for such calendar year. Any payments made pursuant to the Annual Incentive Compensation Program shall be made on or before March 15th of the year following the release of earnings for the year in which the services giving rise to such bonus award were performed.
Annual Incentive Compensation Program. Employee’s bonus shall be determined by the compensation committee of the Board (the “Compensation Committee”) in their sole discretion in accordance with the terms of Employer’s Annual Incentive Compensation Program.
Annual Incentive Compensation Program. Executive shall be entitled to participate in the Annual Incentive Compensation Program (“AICP”) at the level defined for this position (President), with an uncapped potential for company performance that exceeds budgeted performance, that is weighted at least thirty (30%) percent based on InfraSource corporate performance and seventy (70%) based on Xxxxxxxx Corporation performance, pursuant to the terms and conditions of such program as it may exist from time to time, provided that with respect to Executive,
Annual Incentive Compensation Program. (a) During the Term, the Executive shall participate in the Company’s annual incentive compensation plan, program and/or arrangements applicable to senior-level executives as established and modified from time to time by the board of directors of the Company (the “Board”) in its sole discretion. During the Term, the Executive shall have a Threshold Bonus opportunity under such plan or program of 40% of his current Base Salary, a Target Bonus opportunity under such plan or program of not less than 100% of his current Base Salary, and a Maximum Bonus opportunity under such plan or program of not less than 130% of his current Base Salary, in each case based on satisfaction of performance criteria to be established by the Compensation Committee of the Board (the “Bonus Opportunity”). Payment of annual incentive compensation awards shall be made in the same manner and at the same time that other senior-level executives receive their annual incentive compensation awards. The Executive shall first be eligible to participate in the fiscal year 2015 plan. The Executive shall not be eligible for an incentive compensation award in fiscal year 2014 other than as described in Section 4(b) hereof.
Annual Incentive Compensation Program. Employee’s bonus for the first twelve (12) months of the Term shall be $1,000,000 earned and payable on the first anniversary of the Start Date if Employee is then employed by the Employer and shall be in lieu of participation in Employer’s Annual Incentive Compensation Program. Employee’s bonus for the second twelve (12) months of the Term shall be at least $510,000 (of which $350,000 shall be payable following the end of Employer’s 2006 fiscal year and the remainder of which will be payable following Employer’s 2007 fiscal year) in accordance with Employer’s Annual Incentive Compensation Program. All subsequent bonus awards shall be determined by the compensation committee of the Board (the “Compensation Committee”) in their sole discretion in accordance with the terms of Employer’s Annual Incentive Compensation Program.
