BOX OFFICE BONUSES Sample Clauses

BOX OFFICE BONUSES. 6.1 At such time, if ever, that the domestic theatrical box office receipts (i.e., United States and Canada) ("DBO") as reported in Daily Variety that the First Picture has earned equals the greater of (a) One Hundred Million Dollars ($100,000,000) or (b) an amount equal to the actual cost of production of the First Picture (inclusive of the costs of financing, completion bond, overhead computed at the rate of ten percent (10%), but exclusive of pre-breakeven gross third party participations) plus Thirty Million Dollars ($30,000,000) ("First Box Office Breakpoint"), Owner shall be entitled to receive the sum of Two hundred Thousand Dollars($200,000), which shall be payable within thirty (30) days after the date of publication of such report; plus 6.2 At such time, if ever, that the DBO that the First Picture has earned equals First Box Office Breakpoint plus Thirty Million Dollars ($30,000,000) in DBO, Owner shall be entitled to receive the sum of Two Hundred Thousand Dollars ($200,000), which shall be payable within thirty (30) days after the date of publication of such report; plus 6.3 At such time, if ever, that the DBO that the First Picture has earned equals First Box Office Breakpoint plus Sixty Million Dollars ($60,000,000) in DBO, Owner shall be entitled to receive the sum of Two Hundred Thousand Dollars ($200,000), which shall be payable within thirty (30) days after the date of publication of such report; plus 6.4 At such time, if ever, that the DBO that the First Picture has earned equals First Box Office Breakpoint plus Ninety Million Dollars ($90,000,000) in DBO, Owner shall be entitled to receive the sum of Two hundred Thousand Dollars ($200,000), which shall be payable within thirty (30) days after the date of publication of such report; plus 6.5 At such time, if ever, that the DBO that the First Picture has earned equals First Box Office Breakpoint plus One Hundred Twenty Million Dollars ($120,000,000) in DBO, Owner shall be entitled to receive the sum of Two Hundred Thousand Dollars ($200,000), which shall be payable within thirty (30) days after the date of publication of such report; plus 6.6 At such time, if ever, that the DBO that the First Picture has earned equals First Box Office Breakpoint plus One Hundred Fifty Million Dollars ($150,000,000) in DBO, Owner shall be entitled 6A PARTICIPATION. .
Sample 1
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BOX OFFICE BONUSES. In addition to any other compensation payable hereunder, and provided that the Picture is produced and commercially exploited theatrically, box office bonuses (“Box Office Bonuses”) will be paid to Investor pursuant to Exhibit “E,” a copy of which is attached hereto and incorporated herein for reference. Box office sales will be reported: by Rentrak, if the US distributor does not also distribute the Picture in Canada, or the US Domestic Theatrical Box Office (i.e. US and Canada) as reported in Variety, if the US distributor also distributes the Picture in Canada. Negative costs and distribution expenses will be as defined in the definition of "AGR" applicable to Aloris. The Domestic Distributor will assume the obligation of payment of US-Box Office Bonuses. Neither Aloris or Investor makes any warranty and/or representations of any kind as to the accuracy of any figures reported by Xxxxxxx and/or Variety in regards to the Picture. Box Office Bonuses will be subject to distributor approval, and may be subject to change. The Box Office Bonuses will be paid to Xxxx Entertainment, LLC, or such other Investor-designee as the Investor may solely identify in writing at a later time.
Sample 1

Related to BOX OFFICE BONUSES

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Cash Bonuses The Chief Executive Officer shall determine the Executive’s right to receive cash bonuses. Cash bonuses shall be awarded annually based upon the Executive’s and the Company’s annual performance pursuant to the Company’s policy. 5.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Annual Bonuses For each fiscal year during the term of employment, the Executive shall be eligible to receive a bonus in the amount, if any, as may be determined from time to time by the Board in its discretion.

  • Annual Incentive Compensation Executive shall be eligible to receive an annual bonus (“Annual Bonus”) with respect to each fiscal year ending during the Employment Period. The Annual Bonus shall be determined under the 2006 Omnibus Incentive Plan (the “Omnibus Plan”) or such other annual incentive plan maintained by the Company for similarly situated employees that the Company designates, in its sole discretion (any such plan, the “Bonus Plan”), in accordance with the terms of such plan as in effect from time to time. For each such fiscal year, Executive shall be eligible to earn a target Annual Bonus equal to seventy percent (70%) of Executive’s Base Salary for such fiscal year, if the Company achieves the target performance goals established by the Board for such fiscal year in accordance with the terms of the Bonus Plan. If the Company does not achieve the threshold performance goals established by the Board for a fiscal year, Executive shall not be entitled to receive an Annual Bonus for such fiscal year. If the Company exceeds the target performance goals established by the Board for a fiscal year, Executive may be entitled to earn an additional Annual Bonus for such year in accordance with the terms of the applicable Bonus Plan. The Annual Bonus for each year shall be payable at the same time as bonuses are paid to other senior executives of the Company in accordance with the terms of the applicable Bonus Plan, but in no event later than two and a half (21/2) months following the end of the applicable fiscal year in which such Annual Bonus was earned. Executive shall be entitled to receive any Annual Bonus that becomes payable in a lump-sum cash payment, or, at his election, (A) up to fifty percent (50%) of the Annual Bonus in the form of a grant of restricted stock units of Common Stock (as defined below) or (B) in any form that the Board generally makes available to the Company’s executive management team, provided that any such election is made by Executive in compliance with Section 409A of the Code and the regulations promulgated thereunder.

  • 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.

  • Travel Compensation The Contractor shall not be compensated or reimbursed for travel time, travel expenses, meals, or lodging.

  • 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.

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