Base Bonus. If the Base Bonus Target, but neither the Target Bonus Target nor the Stretch Bonus Target, is achieved, the number of Performance Shares payable to the Employee hereunder shall be the Base Bonus. If the Base Bonus Target is not achieved, the Employee shall not be entitled to payment of any Performance Shares under this Agreement.
Base Bonus. (i) Subject to Section 6(e), during the Term, Executive shall be eligible to receive an annual cash bonus (the “Base Bonus”) under the Executive Cash Incentive Plan in respect of each fiscal year of the Company (a “Fiscal Year” which, as of the date hereof, is the period January 1 through December 31) commencing after December 31, 2004 and ending during the Term.
(ii) The annual Base Bonus shall be earned and payable quarterly based on the attainment of EBITDAR-based targets determined in the sole discretion of the Committee for each such quarter following consultation with senior management. If Executive fails to achieve the EBITDAR-based targets for one or more fiscal quarters in a Fiscal Year, he shall be eligible to earn the missed quarterly Base Bonus payment on account of achieving additional targets in later quarters of the same Fiscal Year or targets in respect of the entire Fiscal Year, in each case as established by the Committee in its sole discretion following consultation with senior management.
(iii) The target annual Base Bonus for the 2005 Fiscal Year shall be $0.
(iv) Commencing with the 2006 Fiscal Year and for each Fiscal Year of the Term during which Executive is employed thereafter, the target annual Base Bonus shall increase automatically by at least four percent (4%) of the sum of (x) Executive’s Base Salary for the immediately preceding Fiscal Year plus (y) the Base Bonus paid to Executive with respect to the immediately preceding Fiscal Year. In addition, commencing with the 2006 Fiscal Year, if the Company sustains for at least six (6) months annualized EBITDAR levels at the threshold levels described below, the target annual Base Bonus shall be cumulatively increased by at least the corresponding amount described in the following table: $ 600,000,000 $ 50,000 $ 700,000,000 $ 100,000 $ 800,000,000 $ 150,000 $ 900,000,000 $ 200,000 $ 1,000,000,000 $ 250,000
Base Bonus. The Company shall pay the Employee a bonus with respect to each fiscal year or portion thereof during the Term in accordance with the following provisions:
(i) If the Financial Results of the Company for a fiscal year during the Term are at least 90% but less than 95% of the EBITDA Target for such year, Employee shall be paid an amount equal to 25% of so much of his Base Salary as was paid with respect to such year.
(ii) If the Financial Results of the Company for a fiscal year during the Term are at least 95% but less than 100% of the EBITDA Target for such year, Employee shall be paid an amount equal to 37.5% of so much of his Base Salary as was paid with respect to such year.
(iii) If the Financial Results of the Company for a fiscal year equal or exceed 100% of the EBITDA Target for such year, Employee shall be paid an amount equal to 50% of so much of his Base Salary as was paid with respect to such year.
Base Bonus. Shares, plus an additional number of Shares equal to 1.00% of for each full $ increment by which the Base Bonus Target exceeds $ but does not exceed $ .
Base Bonus. Commencing with the fiscal year ending September 30, 2021, the Executive shall be paid a base bonus (the “Base Bonus”) with respect to each fiscal year ending during the Term of two hundred thousand ($200,000).
Base Bonus. For so long as the Employee is the C.F.O. of the ---------- Company, the Company shall pay the Employee a bonus with respect to each fiscal year or portion thereof during the Term in accordance with the following provisions:
(i) If the Financial Results of the Company for a fiscal year during the Term are at least 90% but less than 95% of the EBITDA Target for such year, Employee shall be paid an amount equal to 20% of so much of his Base Salary as was paid with respect to such year.
(ii) The Financial Results of the Company for a fiscal year during the Term are at least 95% but less than 100% of the EBITDA Target for such year, Employee shall be paid an amount equal to 30% of so much of his Base Salary as was paid with respect to such year.
(iii) If the Financial Results of the Company for a fiscal year equal or exceed 100% of the EBITDA Target for such year, Employee shall be paid an amount equal to 40% of so much of his Base Salary as was paid with respect to such year.
Base Bonus. The Company shall pay the Employee a bonus with respect to each fiscal year or portion thereof during the Term in accordance with the following provisions: (i) If the Financial Results of the Company for a fiscal year during the Term are at least 90% but less than 95% of the EBITDA Target for such year, Employee shall be paid an amount equal to 20% of so much of his Base Salary as was paid with respect to such year.
Base Bonus. Employee shall be entitled to receive a Base Bonus (herein so called) of 5% of the net profits before taxes of the Dress Division (herein so called, which includes all division and profit centers of the Employer other than the Multiples Division) for the Employer's fiscal year if the Dress Division's net profits before taxes are $1 million or less.
Base Bonus. The Executive shall be eligible to receive a base ---------- bonus (the "Base Bonus") after the end of each year equal to a maximum of 100% of his then-effective Base Salary. Fifty percent of the Base Bonus shall be determined on the basis of subjective factors to be evaluated by the Chief Executive Officer of the Company and 50% of the Base Bonus shall be determined on the basis of the achievement of objective standards that will be mutually defined by the Executive and the Chief Executive Officer of the Company. The Executive shall receive a minimum Base Bonus of not less than $87,500 for the calendar year ending December 31, 1996.
Base Bonus. Restricted Stock Units, plus an additional 1.00% of for each full $ increment by which the Base Bonus Target exceeds $ but does not equal or exceed $ .
