Common use of Incentive Bonus Compensation Clause in Contracts

Incentive Bonus Compensation. The Compensation Committee has established for the Executive annual opportunities (i.e., the maximum bonus that may be awarded in respect of each fiscal year of the Company) under the Company's Executive Annual Incentive Plan or any subsequent Bonus Plan for executives that is approved by the stockholders of the Company (the "Bonus Plan") equal to $1,300,000 in respect of the First Contract Year, $1,400,000 in respect of the Second Contract Year and $1,500,000 in respect of the Third Contract Year, subject to the terms and conditions of the Bonus Plan, which are incorporated herein by reference.

Appears in 3 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

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Incentive Bonus Compensation. The Compensation Committee has established for the Executive an annual opportunities opportunity (i.e.i.e, the maximum bonus that may be awarded in respect of each a fiscal year of the Company) under the Company's Executive Annual Incentive Plan or any subsequent Bonus Plan for executives that is approved by the stockholders of the Company (the "Bonus Plan") equal to $1,300,000 in respect of for the First Contract YearYear ending June 30, $1,400,000 in respect of 2003 (i.e., the Second Contract Year and $1,500,000 in respect of the Third Contract Year), subject to the terms and conditions of the Bonus Plan, which are incorporated herein by reference.

Appears in 2 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

Incentive Bonus Compensation. The Compensation Committee has established for the Executive annual opportunities (i.e.i.e, the maximum bonus that may be awarded in respect of each a fiscal year of the Company) under the Company's Executive Annual Incentive Plan or any subsequent Bonus Plan for executives that is approved by the stockholders of the Company (the "Bonus Plan") equal to $1,300,000 in respect of for the First Contract YearYear ending June 30, $1,400,000 in respect of 2003 (i.e., the Second Contract Year and $1,500,000 in respect of the Third Contract Year), subject to the terms and conditions of the Bonus Plan, which are incorporated herein by reference.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

Incentive Bonus Compensation. The Compensation Committee has established for the Executive annual opportunities (i.e.I.E., the maximum bonus that may be awarded in respect of each fiscal year of the Company) under the Company's Executive Annual Incentive Plan or any subsequent Bonus Plan for executives that is approved by the stockholders of the Company (the "Bonus Plan") equal to $1,300,000 in respect of the First Contract Year, $1,400,000 in respect of the Second Contract Year and $1,500,000 in respect of the Third Contract Year, subject to the terms and conditions of the Bonus Plan, which are incorporated herein by reference.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

Incentive Bonus Compensation. The Compensation Committee has established for the Executive annual opportunities (i.e., the maximum bonus that may be awarded in respect of each fiscal year of the Company) under the Company's Executive Annual Incentive Plan or any subsequent Bonus Plan for executives that is approved by the stockholders of the Company (the "Bonus Plan") equal to $1,300,000 in respect of the First each Contract Year, Year under this Agreement. The aggregate opportunities shall be no less than $1,400,000 2,000,000 in respect of the Second Contract Year and $1,500,000 in respect of the Third each Contract Year, . All such opportunities shall be subject to the terms and conditions of the Bonus Plan, which are incorporated herein by reference.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

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Incentive Bonus Compensation. The Compensation Committee has established for the Executive annual opportunities (i.e., the maximum bonus that may be awarded in respect of each fiscal year of the Company) under the Company's Executive Annual Incentive Plan or any subsequent Bonus Plan for executives that is approved by the stockholders of the Company (the "Bonus Plan") equal to with aggregate target payouts of $1,300,000 1,750,000 in respect of the First Contract Year, $1,400,000 1,900,000 in respect of the Second Contract Year and $1,500,000 2,000,000 in respect of the Third Contract Year, subject to the terms and conditions of the Bonus Plan, which are incorporated herein by reference.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

Incentive Bonus Compensation. The Compensation Committee has established for the Executive annual opportunities (i.e., the maximum bonus that may be awarded in respect of each fiscal year of the Company) under the Company's ’s Executive Annual Incentive Plan or any subsequent Bonus Plan for executives that is approved by the stockholders of the Company (the "Bonus Plan") equal to with aggregate target payouts of $1,300,000 1,750,000 in respect of the First Contract Year, $1,400,000 1,900,000 in respect of the Second Contract Year and $1,500,000 2,000,000 in respect of the Third Contract Year, subject to the terms and conditions of the Bonus Plan, which are incorporated herein by reference.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

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