Incentive Based Compensation. You are eligible for an annual target cash bonus (“Target Bonus”) equal to 35% of your Base Salary. Your target bonus as a percentage of Base Salary may, at the discretion of the Board, be periodically reviewed for increase. After any such increase, the term “Target Bonus” as used herein shall thereafter refer to the increased amount. The Target Bonus shall not be reduced at any time without your express prior written consent.
Incentive Based Compensation. The Board agrees to budget an amount not to exceed $10,000 annually during each year of this Contract which may be used for incentive-based compensation for the Superintendent. The Board and Superintendent may determine annually the goals to be achieved by the Superintendent in order to receive said incentives. Said goals shall be reduced to writing in the form of a resolution to be approved by the Board in its regular course of business. [The amount shall be deposited into the Superintendent’s 403(b) or 457(b) accounts at the Superintendent’s discretion and subject to contribution limits or, if contributed to a 401(a) or VEBA plan, subject to proper contribution language without election by the Superintendent.]
Incentive Based Compensation. The University shall pay Coach Xxxxx the following incentive based compensation if the following events, as outlined in the chart below, occur during the Term of this Agreement: Gross Men's Basketball Ticket Revenue (one of the following): Incentive Payment Gate receipts exceed $2,000,000 $ 25,000 Gate receipts exceed $2,250,000 $ 35,000 Gate receipts exceed $2,500,000 $ 45,000 Gate receipts exceed $3,000,000 $ 75,000 Pac-12 Regular Season Standings (one of the following): Incentive Payment Pac-12 regular season champion or co-champion $ 50,000 Top 4 finish (determined by Pac-12 tournament seeding) $ 35,000 Pac-12 conference winning record $ 20,000 The following bonuses can be cumulative: Incentive Payment Pac-12 tournament champion $ 25,000 NCAA tournament berth $ 25,000 NCAA tournament first 4 win $ 25,000 NCAA Tournament per win (other than first 4) $ 50,000 Conference Coach of the Year $ 25,000 National Coach of the Year: Naismith or NABC $ 50,000 National Ranking (one of the following): Incentive Payment National Ranking (Top 25) Any point of season after Jan. 1 $ 10,000 Finish Top 25 $ 25,000 Finish Top 10 $ 50,000 APR bonus (one of the following): Incentive Payment 950 $ 20,000 970 $ 30,000 990 $ 50,000 Total Potential Bonus Payout $ 675,000
Incentive Based Compensation. The University shall pay Coach Xxxxxxxxxxx the following incentive based compensation if the following events occur during the Term of this Agreement:
Incentive Based Compensation. In addition to the Base Salary, during the Extended Term, the Executive shall be eligible to earn the following:
Incentive Based Compensation. On an annual basis, Penney shall be eligible to receive additional compensation contingent upon the Company’s financial performance and Penney’s performance in providing services to the Company (“Incentive Based Compensation”). The decision whether to pay any Incentive Based Compensation to Penney, and the dollar value of such Incentive Based Compensation, shall be determined in the sole discretion of the Board on an annual basis, with input from the Company’s Compensation Committee, if any, or its Executive Committee.
Incentive Based Compensation. Incentive-based compensation is any compensation that is granted, earned or vested based wholly or in part upon the attainment of a financial reporting measure.
Incentive Based Compensation. The parties agree as set forth in Schedule 11.3(i) with respect to Incentive-Based Compensation.”
Incentive Based Compensation. Xxxxxxxxxxx shall participate with other senior executive officers of the Corporation in the Corporation's incentive-based bonus plan.
Incentive Based Compensation. On an annual basis, Sxxxxxx shall be eligible to receive additional compensation contingent upon the Company’s financial performance and Sxxxxxx’x performance in providing services to the Company (“Incentive Based Compensation”). The decision whether to pay any Incentive Based Compensation to Sxxxxxx, and the dollar value of such Incentive Based Compensation, shall be determined in the sole discretion of the Board on an annual basis, with input from the Company’s Compensation Committee.
