Cash Bonus Opportunity Sample Clauses

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.
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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.
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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: (1) Aggregate assets under management by the Manager or executed and valid subscription agreements from qualified purchasers received by the Private REIT, equal or exceed $60 million since inception of the Private REIT (excluding, for the avoidance of doubt, units purchased by the Company or its subsidiaries); (2) The Company and the Private REIT are not subject to any law, regulation or legal proceeding that would restrict their ability to offer units or raise capital through the Private REIT and the Company (i) abandons the proposed offering of units through the Private REIT; (ii) receives executed, valid subscriptions from qualified purchasers for at least $60 million of Private REIT units prior to December 31, 2020 that have not been revoked and elects not to accept subscriptions of at least $60 million by December 31, 2020; or (iii) makes a business decision that the Private REIT will not solicit or accept new contributions of at least $60 million prior to December 31, 2020. (3) The Company terminates the independent contractor relationship with the Contractor without Cause prior to December 31, 2020. Whether an event constitutes a payment trigger of the Bonus will be determined by the Company, in its sole discretion. Payment of the Bonus shall be made as soon as practicable following the applicable triggering event, but no later than March 15th of the calendar year following the calendar year in which the triggering event occurs.
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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.
Sample 1
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.
Sample 1
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.
Sample 1
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.
Sample 1
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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.
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Cash Bonus Opportunity 
Sample 1

Related to Cash Bonus Opportunity

  • Annual Bonus Opportunity Your annual target bonus opportunity following the Effective Date will be 50% of your annual base salary (the “Target Bonus”). The Target Bonus shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. Your actual bonuses shall be based upon achievement of performance objectives to be determined by the Board in its sole and absolute discretion. Bonuses will be paid as soon as practicable after the Board determines that such bonuses have been earned, but in no event will a bonus be paid to you after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which such bonus is earned or (ii) March 15 following the calendar year in which such bonus is earned.

  • Bonus Opportunity The Company shall offer each year an incentive bonus compensation plan. Such plan will include an annual bonus target amount equal to at least 50% of the Executive’s annual base salary and shall contain such additional terms as determined by the Chief Executive Officer. The amount of any bonus payable to Executive in any year shall be based upon performance targets established in advance under the bonus plan and Executive’s achievement of such performance criteria.

  • Cash Bonus Executive shall be entitled to a fraction of any Cash Bonus for the fiscal year of the Company within which Executive’s termination of employment occurs which, based upon the criteria established for such Cash Bonus, would have been payable to Executive had he remained employed through the date of payment, the numerator of which is the number of days of such fiscal year prior to his termination of employment and the denominator of which is three hundred and sixty-five (365); and

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Bonus Amount For purposes of this Agreement, "Bonus Amount" shall mean the greater of (a) the target annual bonus payable to the Executive under the Incentive Plan in respect of the fiscal year during which the Termination Date occurs or (b) the highest annual bonus paid or payable under the Incentive Plan in respect of any of the three full fiscal years ended prior to the Termination Date or, if greater, the three (3) full fiscal years ended prior to the Change in Control.

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

  • 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.

  • Target Bonus Executive will be eligible to receive an annual bonus of up to forty percent (40%) of Executive’s Base Salary, less applicable withholdings, upon achievement of performance objectives to be determined by the Board in its sole discretion (the “Target Bonus”). The Target Bonus, or any portion thereof, will be paid as soon as practicable after the Board determines that the Target Bonus has been earned, but in no event shall the Target Bonus be paid after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which the Target Bonus is earned or (ii) March 15 following the calendar year in which the Target Bonus is earned.

  • Bonus The Executive shall be eligible for Bonuses determined by the Board.

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