Cash Performance Bonus. The Employee will be included in the Company’s annual discretionary bonus compensation program based on a June 30th year end in an amount to be decided by the Company’s Compensation Committee and approved by the Board, payable no later than September 30th of each year during the Employment Period.
Cash Performance Bonus. You will be eligible to receive a special cash performance bonus (your "CASH PERFORMANCE BONUS") as described in the Schedule. You will receive your Cash Performance Bonus on or shortly following the end of the Compensation Period only if you are an employee of the Company on the last day of your Compensation Period. Additionally, you shall receive a prorated portion of your maximum Cash Performance Bonus if you are involuntarily terminated by the Company without "Cause" (as defined in the Schedule) or you cease to be an employee of the Company prior to the applicable payment date as a result of death or physical or mental disability. You shall not receive any portion of your Cash Performance Bonus if you cease to be an employee of the Company prior to the applicable payment date if the Company terminates your employment for Cause.
Cash Performance Bonus. The Employee will be included in the Company’s annual bonus compensation program based on a June 30th year end in an amount to be decided by the Company’s Compensation Committee and approved by the Board, payable no later than September 30th of each year during the Employment Period. The annual incentive bonus target shall be set by the Compensation Committee, but shall be no less than sixty percent (60%) of annual base salary and will be based on specific performance objectives as predetermined by the Compensation Committee, with the Compensation Committee determining the June 30th year end percent achievement of performance objectives. The Compensation Committee may recommend a discretionary additional amount based on performance.
Cash Performance Bonus. The Company shall pay the Employee bonus compensation of up to one year's base salary (which base salary shall not be less than $65,000 per year) in an amount to be decided by the Company's Compensation Committee and approved by the Board, payable annually, no later than March 31 of each year during the Employment Period. Such performance bonus compensation shall be based upon, inter alia, yearly objectives mutually agreed upon by and between the Employee and the Company.
Cash Performance Bonus. Your cash performance bonus plan (commencing for calendar year 2000) will be determined each year at the time of budget review as determined by the Board of Directors, in consultation with you. Your first year cash performance bonus will be fixed at US$60,000 to be paid in four equal installments on 31 March, 30 June, 30 September and 31 December, 2000.
Cash Performance Bonus. (i) During the Term, in addition to the then applicable Base Salary, the Executive shall be eligible to receive a cash bonus of up to One Hundred Forty Thousand Dollars ($140,000) per annum, based on written performance objectives (the “Bonus Parameters”) defined by the Board or a committee thereof upon consultation with the Executive. In the event that the Board has not delivered the Bonus Parameters for fiscal year 2008 to the Executive in writing by the date that is sixty (60) days after the date of this Agreement, the Company shall pay the Executive a cash bonus of One Hundred Ten Thousand Dollars ($110,000) apportioned for fiscal year 2008, such bonus to be paid in the normal course as the Company disburses annual bonuses to other employees of the Company.
(ii) If, during the second year of the Term, the Board has not delivered the Bonus Parameters for the Company’s then current fiscal year to the Executive by the date that is thirty (30) days after the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008, the Company shall pay the Executive a cash bonus of One Hundred Forty Thousand Dollars ($140,000), such bonus to be paid in the normal course as the Company disburses annual bonuses to other employees of the Company.
(iii) If, during the third year of the Term, the Board has not delivered the Bonus Parameters for the Company’s then current fiscal year to the Executive by the date that is thirty (30) days after the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2009, the Company shall pay the Executive a cash bonus of One Hundred Forty Thousand Dollars ($140,000), such bonus to be paid in the normal course as the Company disburses annual bonuses to other employees of the Company.
(iv) Notwithstanding the foregoing, all cash bonuses set forth above are conditioned upon the Executive’s continued employment with the Company at the time such bonuses come due.
Cash Performance Bonus. The Executive is eligible for a cash performance bonus with an aggregate potential annual bonus of up to One-Hundred Sixty-Five Thousand and no/100 dollars ($165,000.00) (the “Cash Bonus”). The Cash Bonus will be calculated based upon the sum of 3% of Gross Revenue Growth and 5% of Net Revenue Change, capped at 100% of annualized Base Salary. The calculation, administration and payment of the bonus will be determined on a semi-annual basis and shall be payable semi-annually. The bonus payment shall be paid within a forty-five (45) days after the year-end, (e.g. December 31, 2019) and the Effective anniversary date of the Agreement (e.g. July 15, 2020). It is intended that the Bonus calculation shall not include any M&A changes or any IP Monetization revenue or expense impact. It is intended to be a bonus program related to growing the core businesses and improving the net operating profits of the 3 core business units.
Cash Performance Bonus. Cash bonuses shall be at the discretion of the Board of Directors based upon Executive’s performance.
Cash Performance Bonus. The Executive is eligible for a cash performance bonus with an aggregate potential annual bonus of up to $165,000 (the “Cash Bonus”). The Cash Bonus will be calculated based upon the sum of 3% of Gross Revenue Growth and 5% of Net Revenue Change, capped at 100% of annualized Base Salary. The calculation, administration and payment of the bonus will be determined and paid semi-annually and shall be payable within a forty-five (45) days after the semi-annual periods of January 1, 2020, July 15, 2020 and December 31, 2020. It is intended that the Cash Bonus calculation not include any M&A changes or financial impact, or any IP Monetization revenue or expense impact. It is intended to be a bonus program related to growing the core businesses and improving the net operating profits of the core business units.
Cash Performance Bonus. The Executive may be paid a cash bonus of up to 50% of his Base Salary (the “Cash Bonus”) if the Company achieves certain established adjusted EBITDA targets in 2017. The full bonus of $100,000 will be payable to Executive if the Company achieves adjusted EBITDA of $1,000,000 or greater during 2017. Such Cash Bonus will be proportional for EBITDA amounts that fall below $1,000,000. As and for an example, if adjusted EBITDA for 2017 is $500,000, then Executive’s Cash Bonus would be a prorated $50,000. Any earned Cash Bonus will be calculated and payable once audited financial results are available for 2017.
