Incentive Benefits Sample Clauses

Incentive Benefits. Executive will be entitled to participate in the Company’s compensation, incentive and benefit plans and arrangements currently available or which may be made available to senior executives in the future, as amended from time to time, subject to and on a basis consistent with the terms, conditions and overall administration of such plans and arrangements on the same terms as such benefits are provided to other senior executives of the Company. The Company, in its discretion, reserves the right to amend or terminate such benefits at any time.
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Incentive Benefits. Employer shall allow Employee to participate in any Executive Bonus Plan, incentive stock option plan, profit sharing plan, pension plan, qualified salary deferral plan, nonqualified compensation arrangement and any substantially similar qualified or nonqualified arrangement approved and adopted by Employer and generally available to other key employees during the term of Employee’s employment hereunder.”
Incentive Benefits. Landlord hereby consents to Tenant entering into an arrangement with agencies of the City and State of New York, including, without limitation, the New York City Economic Development Corporation and the Industrial Development Agency (such agencies are referred to herein collectively as the "Agency") pursuant to which Tenant subleases the Premises to the Agency and the Agency sub-subleases the Premises to Tenant. Landlord shall fully cooperate with Tenant in connection with such arrangement between Tenant and the Agency; provided, that the same shall be accomplished without Landlord being required to incur any out-of-pocket cost or expense thereby. If such cooperation by Landlord shall result in any out-of-pocket cost or expense to Landlord, Tenant shall nonetheless have the right to require Landlord's cooperation in connection therewith, provided that Tenant shall reimburse Landlord for such out-of-pocket costs or expenses within 30 days after demand.
Incentive Benefits. The Employer will pay the Executive an incentive benefit of 50% of the base salary (less any amount the Employer is required to deduct for tax) if by 31 August 2014 the Employer has raised funds in an amount equal to or greater than $AUD 8 million via the issue of share equity in:
Incentive Benefits. Intuit shall provide all details about the incentive benefits described in Section 6.7 above as soon as practicable.
Incentive Benefits. Employer shall allow Employee to take part in any Executive Bonus Plan, incentive stock option plan, profit sharing plan, qualified salary deferral plan, and/or pension plan that Employer now has or may hereafter adopt during the term of Employee's employment hereunder. Prior to February 1, 2004, Employer shall grant Employee stock options as of the 31st day of each year of employment for 9,000 shares of Xxxxxx County Bancshares Common Stock (or the equivalent number of shares if there is a stock split), which option shall allow Employee to purchase said stock at 1-1/2 times book value (exclusive of reserves) at the time the option is granted which shall provide that the option may be exercised by the Employee or his spouse or Personal Representative for a period of ten years after the grant of the option. After February 1, 2004, any grants to Employee hereunder shall be made pursuant to an equity incentive plan or stock option plan approved by the board of directors and shareholders of Employer."
Incentive Benefits. Upon the successful completion of the Corporate Governance Objectives for three consecutive and complete quarters after the Final Comprehensive Agreement has been executed, the Board of Directors of NYSEAmexCorp will reassign the voting rights to 50% of the common stock held by FAB at such time. Upon successful completion of the Corporate Governance Objectives for six consecutive and complete quarters after the Final Comprehensive Agreement has been executed, the Board of Directors of NYSEAmexCorp will reassign the voting rights to a total of 75% of the common stock held by FAB at such time. Upon the successful completion of the Corporate Governance Objectives for eight consecutive and complete quarters after the Final Comprehensive Agreement has been executed, the Board of Directors of NYSEAmexCorp will reassign all voting rights to the common stock held by FAB at such time.
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Related to Incentive Benefits

  • 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.

  • 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.

  • Annual Incentive Compensation Executive shall be eligible to receive an annual bonus (“Annual Bonus”) with respect to each fiscal year ending during the Employment Period. The Annual Bonus shall be determined under the 2006 Omnibus Incentive Plan (the “Omnibus Plan”) or such other annual incentive plan maintained by the Company for similarly situated employees that the Company designates, in its sole discretion (any such plan, the “Bonus Plan”), in accordance with the terms of such plan as in effect from time to time. For each such fiscal year, Executive shall be eligible to earn a target Annual Bonus equal to seventy percent (70%) of Executive’s Base Salary for such fiscal year, if the Company achieves the target performance goals established by the Board for such fiscal year in accordance with the terms of the Bonus Plan. If the Company does not achieve the threshold performance goals established by the Board for a fiscal year, Executive shall not be entitled to receive an Annual Bonus for such fiscal year. If the Company exceeds the target performance goals established by the Board for a fiscal year, Executive may be entitled to earn an additional Annual Bonus for such year in accordance with the terms of the applicable Bonus Plan. The Annual Bonus for each year shall be payable at the same time as bonuses are paid to other senior executives of the Company in accordance with the terms of the applicable Bonus Plan, but in no event later than two and a half (21/2) months following the end of the applicable fiscal year in which such Annual Bonus was earned. Executive shall be entitled to receive any Annual Bonus that becomes payable in a lump-sum cash payment, or, at his election, (A) up to fifty percent (50%) of the Annual Bonus in the form of a grant of restricted stock units of Common Stock (as defined below) or (B) in any form that the Board generally makes available to the Company’s executive management team, provided that any such election is made by Executive in compliance with Section 409A of the Code and the regulations promulgated thereunder.

  • 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.

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Equity Incentive Compensation Upon the Closing, each incentive award in respect of the common stock of Seller Parent (a “Seller Parent Equity Award”) held by a Transferred Employee shall become vested or eligible to vest (subject to the satisfaction of any applicable performance goals) in a prorated amount, determined based on the number of days in the applicable vesting period elapsed as of the Closing Date. Effective as of the Closing, Purchaser or its Affiliates shall grant to each Transferred Employee an equity- or cash-based incentive award (a “Make-Whole Award”) with a grant date fair value that is no less favorable than the value of the portion of the Seller Parent Equity Awards forfeited by the Transferred Employee in connection with the Closing (which forfeited amount shall be disclosed to Purchaser Parent no later than five (5) Business Days prior to the Closing), which Make-Whole Award shall have terms and conditions that are no less favorable than the terms and conditions (including vesting schedule and accelerated vesting terms) that were applicable to the corresponding Seller Parent Equity Award. In the event that the post-Closing transfer of a Delayed Transfer Employee results in a larger portion of the Seller Parent Equity Awards held by such Delayed Transfer Employee becoming vested upon such Delayed Transfer Employee’s transfer of employment than if the employment of such Delayed Transfer Employee had transferred upon the Closing, then the incremental cost of such additional vesting (which cost shall be measured based on the taxable income the Delayed Transfer Employee either realized or would have realized had such awards been settled or exercised upon such Delayed Transfer Employee’s transfer of employment to Purchaser or its Subsidiaries) shall be considered Purchaser Assumed Employee Liabilities.

  • 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 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.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

  • Incentive Bonuses After the Company attains profitability, the Employee shall be eligible to be considered for an annual incentive bonus. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Board or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. Except as expressly provided in this Agreement, the Employee shall not be entitled to an incentive bonus if he is not employed by the Company on the date when such bonus is payable.

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