Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Board from time to time.
Bonus Eligibility. Employee shall be eligible to earn bonus compensation as determined by the Employer’s Compensation Committee (the “Bonus”). Unless expressly provided otherwise in the Bonus program document, and except as otherwise provided in Section 10.B below, Employee must remain employed by Employer on the date of payment to earn and become entitled to receive payment of any such Bonus.
Bonus Eligibility. You are eligible to receive an annual performance bonus with a target of 40% of your Base Salary. The actual amount of your annual performance bonus will be determined by the Committee in its discretion and will be subject to the Committee’s assessment of your performance, as well as business conditions at the Company. As a condition to receiving any such bonus, you must continue to be employed with the Company through the date that such bonus is to be paid. For 2019, your bonus is guaranteed in full and will not be subject to pro-ration.
Bonus Eligibility. Employee will be eligible for an annual bonus in an amount determined by the Board, in its sole discretion. Any such bonus will be paid within two and one-half months following the end of the applicable year; provided that, unless otherwise determined by the Board in its discretion, Employee will only be eligible to receive a bonus if he remains employed by the Bank through the applicable payment date. Employee's annual bonus, if any, with respect to 2008 will be pro-rated to reflect his or her commencement of employment after the start of that year.
Bonus Eligibility. The above bonuses shall be pro-rated for part-time employees. The quarterly bonus periods shall begin on July 1, October 1, January 1, and April 1, as the case may be.
Bonus Eligibility. In addition to Base Salary, the Executive will also be eligible to receive a bonus (the "Bonus"). The Bonus is entirely discretionary on the part of the Board with each Executive Officer to be considered and assessed individually. Under no circumstances is the Bonus to be considered part of the Executive's Base Salary or other regular employment income.
Bonus Eligibility. In the event Grantee remains employed with the Company through and including June 30, 2010 Grantee will be eligible for a cash bonus of $____________ the (“Bonus”).
Bonus Eligibility. You will be eligible to receive an annual cash incentive bonus with a target amount equal to 55% of your then-current annual base salary. Your annual bonus will be subject to the terms of the applicable bonus plan developed and approved by the Board or the Compensation Committee. Any bonus awarded will be paid, subject to required withholdings and deductions, on or before March 15 of the calendar year immediately following the year for which the bonus was awarded, subject to your employment at the end of the calendar year for which the bonus is due, except as otherwise expressly provided for herein.
Bonus Eligibility. During the Term of this Agreement, Executive will be eligible for an annual bonus opportunity of a year based upon the criteria as set forth annually by the Board of Directors. Accordingly, the parties agree after consultation with Executive, the Board of Directors shall establish specific bonus criteria based upon the Performance Contract applicable to each fiscal year of this Agreement. The bonus criteria may contain both objective and subjective elements. The criteria will be implemented not later than thirty 30 days into the fiscal year, and will apply for the duration of that year. The Board of Directors shall determine, in its reasonable discretion and not later than thirty (30) days after the end of the fiscal year, whether and to what extent Executive satisfied the bonus criteria for that year, and Executive's bonus, if any, shall be based on that determination. (Optional)
Bonus Eligibility. Employee will be eligible for consideration for an annual bonus and other incentive compensation plans generally available to other similarly situated executive or managerial employees, such as the OPC Variable Pay Program. Such a bonus, if awarded, will be an amount determined by the Company in its sole discretion. Employee must be employed by the Company as of December 31st of the award year in order to receive it; however, in the event Employee is terminated not for Cause during the last quarter of an award year, Employee will be eligible to receive a prorated bonus based on attainment of the applicable goals during Employee's employment. Any prorated bonus will be paid in accordance with the Company's regular bonus payment schedule.
