Bonus/Incentive Payment. In addition to the base salary paid to Executive pursuant to Section III(A), Executive shall be eligible for an annual incentive payment target of one hundred percent (100%) of his base salary. The portion of the incentive payment to be received by Executive will be determined in accordance with Company’s applicable incentive or bonus plan in effect at that time (e.g., subject to reduction for Company under-performance and increase for Company over-performance) and will be paid in the accordance with the applicable incentive or bonus plan.
Bonus/Incentive Payment. In addition to the base salary paid to Executive pursuant to Section III(A), Executive shall be eligible for an annual incentive payment target of one hundred fifty percent (150%) of his base salary, effective beginning for the 2013 bonus year. The portion of the incentive payment to be received by Executive will be determined in accordance with Company's applicable incentive or bonus plan in effect at that time (e.g., subject to reduction for Company under-performance and increase for Company over-performance) and will be paid in the accordance with the applicable incentive or bonus plan.
Bonus/Incentive Payment. Participants will receive a bonus incentive payment when their performance meets or exceeds the defined benchmark on 75% or more of the measures for which they are eligible.
Bonus/Incentive Payment. The following is hereby added at the end of Section III(B): “Effective January 1, 2019, Executive’s annual incentive payment target shall be increased to one hundred seventy five percent (175%) of his base salary. The calculation and timing of payment of Executive’s annual bonus payout shall continue to be governed by Company’s applicable incentive or bonus plan.”
Bonus/Incentive Payment. In addition to the base salary paid to Executive pursuant to Section III(A), Executive shall be eligible for an annual incentive payment target of 100% of his base salary. The portion of the incentive payment to be received by Executive will be determined in accordance with Company’s applicable incentive or bonus plan in effect at that time (e.g., subject to reduction for Company under-performance and increase for Company over-performance) and will be paid in accordance with the applicable incentive or bonus plan.
Bonus/Incentive Payment. In addition to the base salary paid to Executive pursuant to Section III(A): (1) Executive shall be eligible for an annual incentive payment target of 60 percent (60%) of his base salary for calendar year 2008 pro rated based upon his start date of January 14, 2008 and on a full year basis for years 2009 and 2010. The bonus/incentive payment to be received by Executive will be determined and paid in accordance with Company’s applicable incentive or bonus plan in effect at that time (e.g., subject to reduction for Company under-performance and increase for Company over-performance and subject to Executive’s rated performance).
Bonus/Incentive Payment. In addition to the base salary paid to Executive pursuant to Section III(A), Executive shall be eligible for an annual incentive payment target of one hundred twenty percent (120%) of his base salary. This increase in bonus target shall be effective on September 1, 2014 and Executive’s bonus target for 2014 shall be blended based on eight months at his previous bonus target of 100% and four months at the new target of 120%. The portion of the incentive payment to be received by Executive will be determined in accordance with Company’s applicable incentive or bonus plan in effect at that time (e.g., subject to reduction for Company under-performance and increase for Company over-performance) and will be paid in the accordance with the applicable incentive or bonus plan.
Bonus/Incentive Payment. In addition to the base salary paid to Executive pursuant to Section III(A), Executive shall be eligible for an annual incentive payment target of ONE HUNDRED FIFTEEN PERCENT (115%) of his base salary. The portion of the incentive payment to be received by Executive will be determined in accordance with Company’s applicable incentive or bonus plan in effect at that time (e.g., subject to reduction for Company under-performance and increase for Company over-performance) and will be paid in accordance with the applicable incentive or bonus plan. Executive shall be eligible for a prorated bonus for 2015, based on the number of days of employment in 2015 and calculated using financial metrics based on overall Company performance but not more than 100% for Company performance. Company shall determine the bonus payout amount for Executive based on the terms of the annual bonus plan and consistent with the process followed for other similarly-situated senior executives.
Bonus/Incentive Payment. In addition to the base salary paid to Executive pursuant to Section III(A), Executive shall be eligible for an annual incentive payment target of one hundred thirty percent (130%) of his base salary. This increase in bonus target shall be effective on August 1, 2014, and Executive’s bonus target for FY 2014 shall be blended based on seven months at his previous bonus target of 90% and five months at the new target of 130%. The portion of the incentive payment to be received by Executive will be determined in accordance with Company’s applicable incentive or bonus plan EXECUTION COPY in effect at that time (e.g., subject to reduction for Company under-performance and increase for Company over-performance) and will be paid in accordance with the applicable incentive or bonus plan. For the 2014 bonus year, the financial metrics that apply to Executive’s bonus calculation shall be the overall corporate metrics. For 2015, the Company shall determine the proportion of the annual bonus measures for Executive that shall be attributable to the Digital line of business.
Bonus/Incentive Payment. In addition to the base salary paid to Executive pursuant to Section III.A, Executive shall be eligible for an annual incentive payment target of 75% of his base salary. The portion of the incentive payment to be received by Executive will be determined in accordance with Company’s applicable incentive or bonus plan in effect at the time of award and will be paid in accordance with the applicable incentive or bonus plan payment schedule in the calendar year following the calendar year for which the bonus is paid. For FY 2008 only, Company shall guarantee Executive’s bonus payment at $470,000. In addition, for FY 2008 only, Executive shall be eligible to receive a discretionary performance bonus to be determined at the sole discretion of the CEO and the Compensation Committee of the Board (the “Compensation Committee”) based upon individual performance and the success of the transition of the Company to a Reporting Company as defined below. In the event that the FY 2008 discretionary performance bonus is awarded, it shall be awarded and paid in accordance with the schedule of payments established by the Company’s applicable incentive or bonus plan in the 2009 calendar year.
