Common use of Cash Bonus Payment Clause in Contracts

Cash Bonus Payment. Executive shall receive a payment in an amount (the ------------------ "Minimum Bonus Payment") equal to fifty percent (50%) of Executive's "Target Bonus" for the year in which Executive's termination date occurs. In addition, if Executive's termination date

Appears in 3 contracts

Samples: Executive Retention and Severance Agreement (Homestore Com Inc), Executive Retention and Severance Agreement (Homestore Com Inc), Executive Retention and Severance Agreement (Homestore Com Inc)

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Cash Bonus Payment. Executive shall receive a payment in an amount (the ------------------ "Minimum Bonus Payment") equal to fifty percent (50%) of Executive's "Target Bonus" for the year in which Executive's termination date occurs. In addition, if Executive's termination datedate occurs in the second half of the year (i.e. after June 30th), and all financial performance criteria established in Executive's bonus plan are achieved by the Company for the full year in which

Appears in 2 contracts

Samples: Executive Retention and Severance Agreement (Homestore Inc), Executive Retention and Severance Agreement (Homestore Inc)

Cash Bonus Payment. Executive shall receive a payment in an amount (the ------------------ "Minimum Bonus Payment") equal to fifty percent (50%) of Executive's "’s “Target Bonus" for the year in which Executive's ’s termination date occurs. In addition, if Executive's ’s termination datedate occurs in the second half of the year (i.e., after June 30th), and all financial performance criteria established in Executive’s bonus plan are achieved by the Company for the full year in which Executive’s termination date occurs, then the Company will pay Executive an additional amount

Appears in 2 contracts

Samples: Executive Retention and Severance Agreement (Move Inc), Executive Retention and Severance Agreement (Move Inc)

Cash Bonus Payment. Executive shall receive a payment in an amount (the ------------------ "Minimum Bonus Payment") equal to fifty percent (50%) of Executive's "Target Bonus" for the year in which Executive's termination date occurs. In addition, if Executive's termination datedate occurs in the second half of the year (i.e. after June 30th), and all financial performance criteria

Appears in 2 contracts

Samples: Executive Retention and Severance Agreement (Homestore Inc), Executive Retention and Severance Agreement (Homestore Inc)

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Cash Bonus Payment. Executive shall receive a payment in an ------------------ amount (the ------------------ "Minimum Bonus Payment") equal to fifty percent (50%) a portion of Executive's "Target Bonus" target bonus for the year in which Executive's termination date occurs. In addition, if Executive's termination dateoccurs prorated based on achievement of objectives and the number of days Executive is employed by the Company during such year (less applicable withholding).

Appears in 1 contract

Samples: Executive Retention and Severance Agreement (Homestore Com Inc)

Cash Bonus Payment. Executive shall receive a payment in an amount (the ------------------ "Minimum Bonus Payment") equal to fifty percent (50%) a portion of Executive's "Target Bonus" target bonus for the year in which Executive's termination date occurs. In addition, if Executive's termination dateoccurs prorated based on achievement of objectives and the number of days Executive is employed by the Company during such year (less applicable withholding).

Appears in 1 contract

Samples: Executive Retention and Severance Agreement (Homestore Com Inc)

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