Incentive Bonus. Executive is eligible to participate in the Health Net, Inc. Executive Incentive Plan (“EIP”) in accordance with the terms of the EIP, which provides Executive with a target opportunity to earn each plan year up to 70% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documents. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIP.
Appears in 3 contracts
Samples: Employment Agreement, Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc)
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Incentive Plan (“EIP”) in accordance with the terms of the EIP, which provides Executive with a target opportunity to earn each plan year up to 70% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documents. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIP.
Appears in 2 contracts
Samples: Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc)
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Officer Incentive Plan (“EIPEOIP”) in accordance with the terms of the EIPEOIP, which provides Executive with a target opportunity to earn each plan year up to 7050% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documentsEOIP. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIPEOIP.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Health Net Inc)
Incentive Bonus. Executive is eligible to participate in the Health Net, Inc. Executive Incentive Plan (“EIP”) in accordance with the terms of the EIP, which provides Executive with a target opportunity to earn each plan year up to 70125% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documents. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIP.
Appears in 2 contracts
Samples: Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc)
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Incentive Plan (“EIP”) in accordance with the terms of the EIP, which provides Executive with a target opportunity to earn each plan year up to 70% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documentsEIP. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIP.
Appears in 2 contracts
Samples: Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc)
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Incentive Plan (“EIP”) in accordance with the terms of the EIP, which provides Executive with a target opportunity to earn each plan year up to 70100% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documentsEIP. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIP.
Appears in 2 contracts
Samples: Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc)
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Officer Incentive Plan (“EIPEOIP”) in accordance with the terms of the EIPEOIP, which provides Executive with a target opportunity to earn each plan year up to 7080% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documentsEOIP. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIPEOIP.
Appears in 1 contract
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Incentive Plan (“"EIP”") in accordance with the terms of the EIP, which provides Executive with a target opportunity to earn each plan year up to 7080% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documentsEIP. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIP. For 2007, Executive’s incentive bonus will be guaranteed at $440,000 and shall be paid on or before March 15, 2008.
Appears in 1 contract
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Incentive Plan (“EIP”) in accordance with the terms of the EIP, which provides Executive with a target opportunity to earn each plan year up to 7080% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documentsEIP. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIP. For 2007, Executive’s incentive bonus will be guaranteed at $440,000 and shall be paid on or before March 15, 2008.
Appears in 1 contract
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Officer Incentive Plan (“EIPEOIP”) in accordance with the terms of the EIPEOIP, which provides Executive with a target opportunity to earn bonus for each plan year up equal to 7080% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documentsEOIP. The actual bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIPEOIP.
Appears in 1 contract
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Officer Incentive Plan (“EIPEOIP”) in accordance with the terms of the EIPEOIP, which provides Executive with a target opportunity to earn bonus for each plan year up equal to 70% of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documentsEOIP. The actual bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIPEOIP.
Appears in 1 contract
Incentive Bonus. Executive is will be eligible to participate in the Health Net, Inc. Executive Incentive Plan (“EIP”) in accordance with the terms of the EIP, which provides Executive with a target opportunity to earn each plan year up to 70% [ %] of Executive’s Base Salary as additional compensation according to the terms of the actual EIP documentsEIP. The bonus payment will range from 0% to 200% of target depending upon the actual results achieved, and specific, individually tailored measures will be established by the Company that must be achieved by Executive in order for Executive to be eligible to receive bonus payments for a given plan year. It is understood that the Committee and the Company will award bonus amounts, if any, as it deems appropriate consistent with the guidelines of the EIP.
Appears in 1 contract