Executive Incentive Plan Bonus Sample Clauses

Executive Incentive Plan Bonus. Subject to the approval of the Compensation Committee, if your Separation Date is on or after March 15, 2011 and you meet the Agreement Eligibility Requirements, then your 2010 Executive Incentive Plan (EIP) incentive bonus payout will be paid at a minimum of the 2010 EIP Bonus Pool funded level.1 If you meet the eligibility requirements specified in this paragraph, your 2010 EIP incentive bonus payout will be paid in 2011 on the same schedule as it is paid to other employees of Yahoo!. This bonus is subject to payroll deductions and required withholdings. Subject to the approval of the Compensation Committee, if your Separation Date is before March 15, 2011 and you meet the Supplemental Release Eligibility Requirements, then as part of this Agreement, Yahoo! will pay you a payment in lieu of your 2010 Executive Incentive Plan (EIP) incentive bonus payout, subject to payroll deductions and required withholding. The payment will be calculated by multiplying your EIP target incentive by the 2010 EIP Bonus Pool funded level.2 If you meet the eligibility requirements specified in this paragraph, the payment will be paid to you in 2011 at the time that Yahoo! pays its employees their EIP incentive bonus payout. 1 For example, if the 2010 EIP Bonus Pool is funded at 50%, then your 2010 EIP incentive bonus payout will be equal to your EIP target incentive multiplied by 50%. Yahoo!, in its sole discretion, may increase your 2010 EIP incentive bonus payout based on its assessment of your performance. 2 For example, if the 2010 EIP Bonus Pool is funded at 50%, then your payment will be equal to your EIP target incentive multiplied by 50%. Yahoo!, in its sole discretion, may increase your payment. For the sake of clarity, subject to the approval of the Compensation Committee, you will be entitled to either (but not both) the 2010 EIP incentive bonus or the payment in lieu of your 2010 EIP incentive bonus (both as described above), provided you meet the Agreement Eligibility Requirements or the Supplemental Release Eligibility Requirements, as applicable. You will not be eligible for any 2011 EIP incentive bonus payout.
Sample 1
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Executive Incentive Plan Bonus. Subject to Executive’s continued employment through the Termination Date, his compliance with the Restrictive Covenants (as defined in Section 3) and the execution and effectiveness of the Release, Executive shall be eligible to be awarded a bonus under the Company’s Executive Incentive Plan (the “EIP”) for the fiscal year ending December 31, 2014, as determined by the Compensation Committee of the Board based on the Company’s actual performance for the Company’s 2014 fiscal year and otherwise in accordance with the EIP and the Company’s customary practices. Any such bonus shall be payable in a lump sum in cash at the same time as 2014 annual bonuses are paid to other EIP participants.
Sample 1

Related to Executive Incentive Plan Bonus

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • 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.

  • Annual Incentive Award During the Term of Employment, the Executive shall be eligible for an annual incentive award with payout opportunities that are commensurate with his position and duties, as determined by the Compensation Committee in its discretion. Commencing with the Effective Date of the initial Term of Employment, the Executive’s target annual incentive award opportunity will be equal to fifty percent (50%) of the Executive’s Base Salary. The Executive’s annual incentive award opportunities shall be based on Company and individual performance goals determined, and subject to change, by the Compensation Committee in its discretion. The Executive shall be paid his annual incentive award no later than other senior executives of the Company are paid their annual incentive award.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

  • Incentive Bonus Compensation The Executive shall be eligible for incentive bonus compensation for each Fiscal Year in an amount to be determined by the Board of Directors or any committee thereof ("INCENTIVE BONUS COMPENSATION").

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Equity Incentive Compensation During the term of employment hereunder the Executive shall be eligible to participate, in an appropriate manner relative to other senior executives of the Parent and its subsidiaries, in any equity-based incentive compensation plan or program approved by the Board from time to time, including (but not by way of limitation) any plan providing for the granting of (a) options to purchase stock of the Parent, (b) restricted stock of the Parent or (c) similar equity-based units or interests.

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