Common use of If the Company Exceeds Revenue Target Clause in Contracts

If the Company Exceeds Revenue Target. If the Company exceeds its revenue goal for a given quarter, then Employee shall be paid a Revenue Bonus for that quarter calculated on a percentage basis equal to the percentage by which the Company exceeds its quarterly revenue goal. For example, if the Company exceeds its quarterly revenue goal by twenty percent (20%), then the Revenue Bonus amount due Employee for that quarter would be equal to one hundred twenty percent (120%) of the Target Quarterly Revenue Bonus Amount. This calculation would result in Employee receiving a quarterly Revenue Bonus payment for such quarter equal to $31,500 (i.e., $26,250 x 120% = $31,500). There is no limit on the quarterly Revenue Bonus amount that Employee may earn in a given quarter.

If the Company Exceeds Revenue Target. If the Company exceeds its revenue goal for a given quarter, then Employee shall be paid a Revenue Bonus for that quarter calculated on a percentage basis equal to the percentage by which the Company exceeds its quarterly revenue goal. For example, if the Company exceeds its quarterly revenue goal by twenty percent (20%), then the Revenue Bonus amount due Employee for that quarter would be equal to one hundred twenty percent (120%) of the Target Quarterly Revenue Bonus Amount. This calculation would result in Employee receiving a quarterly Revenue Bonus payment for such quarter equal to $31,500 3,750 (i.e., $26,250 3,125 x 120% = $31,5003,750). There is no limit on the quarterly Revenue Bonus amount that Employee may earn in a given quarter.

If the Company Exceeds Revenue Target. If the Company exceeds its revenue goal for a given quarter, then Employee shall be paid a Revenue Bonus for that quarter calculated on a percentage basis equal to the percentage by which the Company exceeds its quarterly revenue goal. For example, if the Company exceeds its quarterly revenue goal by twenty percent (20%), then the Revenue Bonus amount due Employee for that quarter would be equal to one hundred twenty percent (120%) of the Target Quarterly Revenue Bonus Amount. This calculation would result in Employee receiving a quarterly Revenue Bonus payment for such quarter equal to $31,500 (i.e.4,687.50 ( i.e. , $26,250 3,906.25 x 120% = $31,5004,687.50). There is no limit on the quarterly Revenue Bonus amount that Employee may earn in a given quarter.

If the Company Exceeds Revenue Target. If the Company exceeds its revenue goal for a given quarter, then Employee shall be paid a Revenue Bonus for that quarter calculated on a percentage basis equal to the percentage by which the Company exceeds its quarterly revenue goal. For example, if the Company exceeds its quarterly revenue goal by twenty percent (20%), then the Revenue Bonus amount due Employee for that quarter would be equal to one hundred twenty percent (120%) of the Target Quarterly Revenue Bonus Amount. This calculation would result in Employee receiving a quarterly Revenue Bonus payment for such quarter equal to $31,500 (i.e., $26,250 x 120% = $31,500). There is no limit on the quarterly Revenue Bonus amount that Employee may earn in a given quarter.Bonus