Incentive Bonus Eligibility. During the Term, you will be eligible for an annual cash bonus based on such bonus program as may be established by the Company or PubCo from time to time (the “Bonus Plan”) at the same level as other senior executives of the Company. Under the Bonus Plan, your initial target bonus will be 100% of your base salary, which will be periodically reviewed by the Compensation Committee and may be increased (but not decreased) from time to time (“Target Bonus”). The actual amount of any bonus under the Bonus Plan shall be determined based on the achievement of performance criteria established by the Compensation Committee and shall be paid in accordance with the Bonus Plan. Except as otherwise provided herein, you will be entitled to receive any earned bonus under the Bonus Plan for a fiscal year of the Company if you are employed on the last day of the fiscal year. Any amounts payable under the Bonus Plan for a fiscal year are intended to constitute a short-term deferral for purposes of Section 409A of the Internal Revenue Code (the “Code”), and will be paid to you in a lump sum of cash no later than March 15 of the calendar year following the calendar year in which the applicable fiscal year ends.
Incentive Bonus Eligibility. Beginning with calendar year 2001 (prorated from the Effective Date as to 2001), Executive shall be eligible to be paid an annual incentive cash bonus ("BONUS") of up to one hundred percent (100%) of his Base Salary subject to performance criteria for the Company and Executive established from time to time by the Board of Directors, or its designee(s), and Executive.
Incentive Bonus Eligibility. During the Term, you will be eligible for an annual cash bonus based on such bonus program as may be established by the Company or PubCo from time to time (the “Bonus Plan”) at the same level as other senior executives of the Company. Under the Bonus Plan, your initial target bonus will be 75% of your base salary, which will be periodically reviewed by the Compensation Committee and may be increased (but not decreased) from time to time (“Target Bonus”). The actual amount of any bonus under the Bonus Plan shall be determined based on the achievement of performance criteria established by the Compensation Committee and shall be paid in accordance with the Bonus Plan. For the avoidance of doubt, any bonus earned under the Bonus Plan for the 2021 fiscal year will not be prorated. Except as otherwise provided herein, you will be entitled to receive any earned bonus under the Bonus Plan for a fiscal year of the Company if you are employed on the last day of the fiscal year. Any amounts payable under the Bonus Plan for a fiscal year are intended to constitute a short-term deferral for purposes of Section 409A of the Internal Revenue Code (the “Code”), and will be paid to you in a lump sum of cash no later than March 15 of the calendar year following the calendar year in which the applicable fiscal year ends.
Incentive Bonus Eligibility. During the Term, you will be eligible for an annual cash bonus pursuant to the Company’s annual cash bonus program based on the achievement of performance criteria established by the Compensation Committee for the applicable fiscal year, which may be corporate goals and/or individual criteria. Your initial target bonus will be in an amount equal to 45% of your base salary (“Target Bonus”). The actual amount of any bonus earned shall be determined by the Compensation Committee based on achievement of the applicable performance criteria after the end of the applicable fiscal year. Except as otherwise provided herein, you will be entitled to receive any earned bonus for a fiscal year of the Company if you are employed on the payment date for such bonus.
Incentive Bonus Eligibility. As an employee of Reliant, you will be eligible to participate in an incentive compensation plan with a potential range of up to seventy-five percent (75%) of base salary, which, if earned and awarded will be paid annually no later than the end of the first quarter of the following year. You must be employed by Reliant at the end of a given calendar year in order to be eligible, and you must also meet specific objectives that are intended to be established by Reliant in consultation with you. However in the case of your death while you are employed by Reliant or in the event Reliant terminates your employment without “Cause” (as defined below) or you terminate your employment with “Good Reason” (as defined below), any amounts earned and awarded pursuant to the incentive compensation plan will be pro-rated based on your final employment date and will be payable no later than the end of the first quarter of the following year.
Incentive Bonus Eligibility. During the Term, you will be eligible for an annual cash bonus pursuant to the Company’s annual cash bonus program based on the achievement of performance criteria established by the Compensation Committee for the applicable fiscal year, which may be corporate goals and/or individual criteria. Your initial target bonus will be in an amount equal to 40% of your base salary (“Target Bonus”). 90% of your initial Target Bonus will be based on the achievement of corporate goals and 10% of your initial Target Bonus will be based on individual goals. The actual amount of any bonus earned shall be determined by the Compensation Committee based on achievement of the applicable performance criteria after the end of the applicable fiscal year. For purposes of 2024 fiscal year, your actual bonus and any 2025 base salary adjustment will be prorated based on your start date with the Company and actual base salary in effect over that period. Except as otherwise provided herein, you will be entitled to receive any earned bonus for a fiscal year of the Company if you are employed on the payment date for such bonus.
Incentive Bonus Eligibility. During the Term, you will be eligible for an annual cash bonus pursuant to the Company’s annual cash bonus program based on the achievement of performance criteria established by the Compensation Committee for the applicable fiscal year, which may be corporate goals and/or individual criteria. Your initial target bonus will be in an amount equal to 60% of your base salary (“Target Bonus”). The actual amount of any bonus earned shall be determined by the Compensation Committee based on achievement of the applicable performance criteria after the end of the applicable fiscal year. For purposes of the 2023 fiscal year, your actual bonus will be prorated based on your start date with the Company and your actual base salary in effect over that period. Except as otherwise provided herein, you will be entitled to receive any earned bonus for a fiscal year of the Company if you are employed on the payment date for such bonus.
Incentive Bonus Eligibility. (i) For fiscal 2006, Executive is eligible for consideration for an incentive bonus (“Incentive Bonus”), which will be a percent of Base Salary. The target amount of the Incentive Bonus will be determined by the Compensation Committee in discussions with Executive within ninety (90) days after the Commencement Date, and will be tied to the Company’s achievement of financial objectives established by the Board. For the avoidance of doubt, the Incentive Bonus will be payable only if financial objectives established by the Board are achieved.
Incentive Bonus Eligibility. (i) For fiscal 2006, Executive is eligible for consideration for an incentive bonus (“Incentive Bonus”) calculated at between 50% and 150% of Base Salary based on achievement of objectives established by the Compensation Committee within ninety (90) days of the start of fiscal 2006 (“Targets”), such Targets to include but not necessarily be limited to financial targets contained in the Company’s approved budget for fiscal 2006. The Incentive Bonus earned for achieving the Targets as established will be 50% of the Base Salary (“Target Bonus”) with eligibility to earn up to 150% of the Base Salary based on exceeding the Targets. For the avoidance of doubt, the Target Bonus is only payable if the Targets are achieved.
Incentive Bonus Eligibility. During the Term, you will be eligible for an annual cash bonus pursuant to the Company’s annual cash bonus program. Your initial aggregate target bonus will be in an amount up to 70% of your base salary (“Target Bonus”). With respect to the Target Bonus, eighty percent (80%) of the Target Bonus amount will be based on the achievement of performance criteria established by the Compensation Committee for the applicable fiscal year, which may include both corporate goals and individual criteria; twenty percent (2030%) of the Target Bonus amount will be at the discretion of the Board or the Compensation Committee. The actual amount of any bonus earned shall be determined in the discretion of and by the Compensation Committee or the Board based on achievement of the applicable performance criteria and the program terms and discretionary considerations after the end of the applicable fiscal year. Except as otherwise provided herein, you will be entitled to receive any earned bonus for a fiscal year of the Company following certification of the same by the Compensation Committee so long as you remain actively employed by the Company on the payment date for such bonus.
