Collective Agreement Bonus or Payplan Sample Clauses

Collective Agreement Bonus or Payplan. You will be eligible for a Collective Agreement Bonus or for Payplan. You will be eligible for a Collective Agreement Bonus, unless your manager determined that you are eligible for Payplan. Appendix 1B contains all the arrangements agreed for the Collective Agreement Bonus. The table below shows the percentages achievable, if you meet the agreed collective targets and your appraisal score is ‘successful’. Standard Collective Agreement Bonus 6.25% Special Collective Agreement Bonus 12.25% Your manager will decide whether you qualify for Payplan. This will generally be the case, if you hold a sales position. Appendix 1A contains the arrangements agreed for Payplan. If you qualify for Payplan, you will not be eligible for the Collective Agreement Bonus. The table below shows the percentages that apply if you fulfil the agreed arrangements. The level of your position determines the percentage that applies to you.
Sample 1
Collective Agreement Bonus or Payplan. You will be eligible for a Collective Agreement Bonus or for Payplan. You will be eligible for a Collective Agreement Bonus, unless your manager determined that you are eligible for Payplan. The appendices contain details of all the arrangements agreed about the Collective Agreement Bonus. Until January 1, 2014 appendix 2 applies. As of January 1, 2014 appendix 2A applies. This means that the setting of the Collective Agreement Bonus in 2014 in relation to the year 2013 takes place on the basis of appendix 2 and the setting of the Collective Agreement Bonus in 2015 in relation to the year 2014 takes place on the basis of appendix 2A. The table below shows the percentages achievable, if you meet the agreed targets and your appraisal score is ’good’ or ‘successful’. Standard CA Bonus Special CA Bonus
Sample 1

Related to Collective Agreement Bonus or Payplan

  • 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.

  • 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.

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

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Incentive Bonuses Executive shall be entitled to participate in such incentive bonus programs as the Board of Directors may adopt from time to time for members of senior management of the Company (“Incentive Bonus”).

  • 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 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.

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Equity Incentive Compensation Executive shall be eligible to receive annual equity awards based on the Company’s and Executive’s actual performance, as determined by the Board or the Compensation Committee. Each such equity award granted to Executive hereunder shall be subject to the terms and conditions of the incentive plan pursuant to which it is granted and such other terms and conditions as are established by the Board or Compensation Committee and set forth in an award agreement evidencing the grant of such equity award.