Common use of Incentive Bonus Clause in Contracts

Incentive Bonus. During each year of the Employment Period, the Executive shall be eligible to receive an incentive bonus (the "Bonus") based upon criteria that are defined annually by the Employer and will be targeted at 50% of Salary, with a maximum payout potential of 100% of Salary.

Appears in 9 contracts

Samples: Employment Agreement (Applied Extrusion Technologies Inc /De), Employment Agreement (Applied Extrusion Technologies Inc /De), Employment Agreement (Applied Extrusion Technologies Inc /De)

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Incentive Bonus. During each year of the Employment Period, the Executive shall be eligible to receive an incentive bonus (the "Bonus") based upon criteria that are defined annually by the Employer and will be targeted at 50% of Salary, with a maximum payout potential of 100% of SalaryEmployer.

Appears in 5 contracts

Samples: Employment Agreement (Applied Extrusion Technologies Inc /De), Employment Agreement (Applied Extrusion Technologies Inc /De), Employment Agreement (Applied Extrusion Technologies Inc /De)

Incentive Bonus. During each year of the Employment Period, the Executive shall be eligible to receive an incentive bonus (the "Bonus") based upon criteria that are defined annually by the Employer and will be targeted at 5040% of Salary, with a maximum payout potential of 10080% of Salary.

Appears in 2 contracts

Samples: Employment Agreement (Applied Extrusion Technologies Inc /De), Employment Agreement (Applied Extrusion Technologies Inc /De)

Incentive Bonus. During each year of the Employment Period, the Executive shall be eligible to receive an incentive bonus (the "Bonus") based upon criteria that are defined annually for such year as determined in advance by the Employer and will be targeted Board of Directors of the Company at 50% the end of Salarythe year, with a maximum payout potential of which bonus shall not exceed 100% of the Salary.

Appears in 2 contracts

Samples: Employment Agreement (Be Aerospace Inc), Employment Agreement (Be Aerospace Inc)

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Incentive Bonus. During each year of the Employment Period, the Executive shall be eligible to receive an incentive bonus of up to 50% of salary (the "Bonus") based upon criteria that are defined annually as determined by the Employer and will be targeted at 50% Board of Salary, with a maximum payout potential Directors of 100% of Salarythe Company in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Applied Extrusion Technologies Inc /De)

Incentive Bonus. During For each fiscal year of employment during which the Employment PeriodCompany employs the Executive, the Executive shall be eligible entitled to receive an a target bonus of 25% of Executive's then current annual salary plus a multiplier up to 50% in accordance with the executive bonus plan established by the Board of Directors for determining the Executive's annual bonus, such incentive bonus (to be paid effective the "Bonus") based upon criteria that are defined annually by 1st day of January of each year of the Employer and will be targeted at 50% of Salary, with a maximum payout potential of 100% of Salaryemployment term.

Appears in 1 contract

Samples: Executive Employment Agreement (Wackenhut Corrections Corp)

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