Annual Performance-Based Bonus Sample Clauses

Annual Performance-Based Bonus. During the Term, Executive shall be eligible to earn an annual bonus (the “Annual Bonus”) based upon the achievement of such corporate and individual performance goals and other criteria that are established by the Compensation Committee of the Board and which shall be generally consistent with the goals and measures for other executive officers of the Company. Executive’s target Annual Bonus opportunity (the “Target Annual Bonus”) shall be 150% of Executive’s Base Salary, and Executive shall be subject to all other terms of the then current Company Annual Bonus plan. The Annual Bonus shall be paid in accordance with Company practices and any guidelines issued for that given Annual Bonus year. The Annual Bonus, if earned, shall be paid on the date that eligible executives of the Company are paid a bonus for the applicable Annual Bonus year, and shall be pro-rated for any partial years of employment.
Sample 1
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Annual Performance-Based Bonus. During the Term, the Executive shall be eligible to receive annual performance bonuses as determined by the Compensation Committee in its sole discretion ("Discretionary Performance Bonuses"). Discretionary Performance Bonuses (if any) shall be payable at the same time bonuses are payable to the Company's senior executives generally in accordance with the Company's policies in effect. The Executive's Discretionary Performance Bonus will be determined in the sole discretion of the Compensation Committee and is not guaranteed to be any specific amount, but its target will be 80% of Executive’s Base Salary and shall be based on the performance of the Company and the Executive based upon the goals set by the Compensation Committee after consultation with the Executive. In no case shall Executive’s Discretionary Bonus pertaining to a given fiscal year exceed 160% of Executive’s Base Salary. All Discretionary Performance Bonuses will be subject to the terms and conditions of the “Body Central Corporation’s Annual Incentive Plan” and any amendments thereto, including but not limited to the eligibility criteria for receipt.
Sample 1
Annual Performance-Based Bonus. 1. 1Section 4(b)(iv) of the Agreement is hereby amended and replaced in its entirety as follows:
Sample 1
Annual Performance-Based Bonus. During the Term, Executive shall be eligible to earn an annual bonus (the “Annual Bonus”) based upon the achievement of such corporate and individual performance goals and other criteria that are established by the Compensation Committee of the Board and which shall be generally consistent with the goals and measures for other executive officers of the Company. Executive’s target Annual Bonus opportunity shall be 110% of Executive’s Base Salary (the “Target Annual Bonus”) and the maximum Annual Bonus payable shall be equal to 300% of Executive’s Base Salary. The Annual Bonus shall be paid in accordance with Company practices and any guidelines issued for that given Annual Bonus year. The Annual Bonus, if earned, shall be paid on the date that eligible executives of the Company are paid a bonus for the applicable Annual Bonus year. With respect to fiscal year 2019, the Company shall pay to Executive an amount equal to or exceeding the Target Annual Bonus. Except with respect to fiscal year 2019, the Annual Bonus, if earned, shall be pro-rated for any partial years of employment.
Sample 1
Annual Performance-Based Bonus. During the Term, the Executive shall be eligible to receive annual performance bonuses as determined by the Compensation Committee in its sole discretion ("Discretionary Performance Bonuses"). Discretionary Performance Bonuses (if any) shall be payable at the same time bonuses are payable to the Company's senior executives generally in accordance with the Company's policies in effect. The Executive's Discretionary Performance Bonus shall be up to a maximum of 65% of Executive’s Base Salary and shall be based on the performance of the Company and the Executive. The Executive's Discretionary Performance Bonus pertaining to the remainder of fiscal year 2014 shall be pro-rated based on the period from the Commencement Date through the last day of the 2014 fiscal year (the "2014 Prorated Discretionary Performance Bonus"). To have earned, and be eligible to receive a Discretionary Performance Bonus for any given year, the Executive must be employed by the Company on the day such Discretionary Performance Bonus for such year is paid (the "Discretionary Performance Bonus Vesting Date"). The Executive shall not be deemed to have earned or be entitled to (and shall not receive) any annual Discretionary Performance Bonus, or any pro-rata portion of any Discretionary Performance Bonus for a given year if the Executive's employment terminates for any reason (whether by the Company or the Executive) prior to the Discretionary Performance Bonus Vesting Date. All Discretionary Performance Bonuses will be subject to the terms and conditions of the “Body Central Corporation 2012 Annual Incentive Plan” and any amendments thereto. Furthermore, all Discretionary Performance Bonuses will be paid no later than June 30 in the year following the performance year on which the bonus is based.
Sample 1
Annual Performance-Based Bonus. 4.1 The Executive will be eligible for an annual bonus payment in the range of 0 -100% of Base Salary, for the previous financial year. Payment of the bonus is contingent on meeting or exceeding agreed upon objectives, as determined by the Board of Directors, in its sole discretion. For the calendar year 2001 the Executive will be paid a minimum annual bonus of $50,000 prorated for the partial year from the date of commencement of employment. This bonus will be paid in equal installments with the Executive's bi-weekly salary payment.
Sample 1

Related to Annual Performance-Based Bonus

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • Performance-Based Vesting At the end of each Measurement Year, on the Measurement Date, the percentage of Shares set forth above shall be eligible to vest (the "Eligible Shares"). On each Measurement Date, 50% of the Eligible Shares shall become Vested Shares if at least 90% of the Target EBITDA amount was met for the prior Measurement Year. If more than 90% of the Target EBITDA amount was met for the prior Measurement Year, then the Eligible Shares shall become Vested Shares on a straight line basis such that an additional 5% of Eligible Shares shall become Vested Shares for each 1% that actual Consolidated Adjusted EBITDA exceeds 90% of the Target EBITDA amount.

  • Performance Based Compensation During the Period of Employment and assuming Executive remains continuously employed by the Company through the end of the relevant fiscal year, Executive shall also be entitled to participate in an annual performance-based cash bonus program as set forth in Exhibit B.

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Annual Performance Review The Employee’s performance of his duties under this Agreement shall be reviewed by the Board of Directors or a committee of the Board of Directors at least annually and finalized within thirty (30) days of the receipt of the annual audited financial statements. The Board of Directors or a committee of the Board of Directors shall additionally review the base salary, bonus and benefits provided to the Employee under this Agreement and may, in their discretion, adjust the same, as outlined in Addendum B of this Agreement, provided, however, that Employee’s annual base salary shall not be less than the base salary set forth in Section 4(A) hereof.

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit H), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

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