Cash Bonus Opportunity. Employee’s annual target cash bonus for any calendar year under this Agreement shall be equal to 60% percent of Employee’s base salary as in effect for such calendar year. On each annual compensation determination date established by the Corporation during the Term in respect of the Corporation’s senior executive team, the Corporation shall review the performance of the Corporation and of Employee during the prior year relative to such performance goals as may have been established by the Compensation Committee in connection with such bonus year, and the Compensation Committee may provide Employee with additional compensation in the form of a cash bonus if the Compensation Committee, in its discretion (taking into account the recommendation of the Corporation’s President and Chief Executive Officer) and with consideration of the target bonus and performance criteria described above, determines that Employee’s contribution to the Corporation warrants such annual bonus. Such bonus for any calendar year shall be paid in cash no later than March 15 of the calendar year following the bonus year. Except as otherwise provided in this Agreement, Employee must be actively employed by the Corporation on the payment date and shall not have given or received notice of resignation or termination in order to receive payment of the bonus. The bonus will be based on a combination of corporate/financial metrics and individual performance goals to be established by the Compensation Committee in consultation with the Employee.
Cash Bonus Opportunity. In addition to the Annual Base Salary, during the Employment Period the Company shall grant or cause to be granted to the Executive cash bonus opportunities (each a “Cash Bonus Opportunity”) for each Performance Period which ends or begins during the Employment Period. “Performance Period” means each period of time designated in accordance with any cash incentive arrangement which is based upon performance, including the Annual Cash Incentive Plan and the Long-Term Performance Plan. The Executive’s target and maximum Cash Bonus Opportunity with respect to any Performance Period shall not be less than the largest target and maximum established for the Executive under any Company cash incentive arrangement, including the Annual Cash Incentive Plan and the Long-Term Performance Plan, as in effect for a Performance Period immediately preceding the Change in Control Date.
Cash Bonus Opportunity. The Company will pay the Contractor a cash bonus of two hundred and fifty thousand dollars ($250,000) (the “Bonus”) upon the earliest occurrence of any of the following events, subject to the Contractor continuing to perform the Services under this Agreement through the date of such triggering event:
Cash Bonus Opportunity. The Employee shall be eligible to receive a one-time cash bonus (the “Cash Bonus”) equal to $162,500. The Employee shall be entitled to receive the Cash Bonus at the end of his Term of employment, provided that the Employee completes the work assigned by the Board of Directors.
Cash Bonus Opportunity. The Employee shall be eligible to participate in the Company's short-term incentive program for each year during the Term, with a target annual cash bonus opportunity equal to $600,000, prorated for partial years. The specific targets and metrics to be included in the Employee's short-term incentive shall be mutually agreed between the Board and the Employee.
Cash Bonus Opportunity. During the Employment Term, the Executive will be eligible to receive an annual cash bonus in an amount not to exceed 150% of Base Salary. The amount of cash bonus awarded to the Executive in any year will be determined by the Board based on annual performance metrics and strategic goals for the Company and annual individual objectives for the Executive. Such metrics, goals and objectives will be determined annually by the Board in consultation with the Executive. Payment of a cash bonus in respect of a Company fiscal year will be made not later than 120 days following the end of the applicable Company fiscal year, provided that, except as otherwise provided in this Agreement, if the Employment Term ends prior to payment, the Executive shall not be entitled to such cash award.
Cash Bonus Opportunity. In addition to salary, Executive shall be eligible to receive an annual cash bonus, as described and subject to the conditions set forth in Exhibit A hereto.
Cash Bonus Opportunity. During the Employment Term, the Employee will be eligible to earn an annual cash bonus targeted at 75% of Base Salary. The amount of cash bonus awarded to the Employee in any year will be determined by the Board, in consultation with the CEO, based on annual performance metrics and strategic goals for the Company and annual individual objectives for the Employee. Payment of a cash bonus in respect of a Company fiscal year will be made not later than 120 days following the end of the applicable Company fiscal year, provided that, if the Employment Term ends prior to payment, the Employee shall not be entitled to such cash award.
Cash Bonus Opportunity
