Common use of IRM Bonus Clause in Contracts

IRM Bonus. For each Performance Period, the target amount of the IRM Bonus will be equal to 25% of the Target Bonus, and the Executive shall be eligible to receive from zero to two times the target amount of such IRM Bonus. The amount of the IRM Bonus shall be determined by the Compensation Committee in its sole discretion, based upon any factors deemed relevant and appropriate by the Compensation Committee in its sole discretion, including without limitation: · MFA’s leverage strategy relative to business plan and peers; · MFA’s total stockholder return relative to the S&P financial index or other relevant indices; · MFA’s total stockholder return relative to its peer group; · MFA’s absolute total stockholder return; · MFA’s other asset management activities; and · The Executive’s individual performance.

Appears in 9 contracts

Samples: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.)

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IRM Bonus. For each Performance Period, the target amount of the IRM Bonus will be equal to 25% of the Target Bonus, and the Executive shall be eligible to receive from zero to two times the target amount of such IRM Bonus. The amount of the IRM Bonus shall be determined by the Compensation Committee in its sole discretion, based upon any factors deemed relevant and appropriate by the Compensation Committee in its sole discretion, including without limitation: · MFA’s leverage strategy relative to business plan and peers; · MFA’s total stockholder return relative to the S&P financial index or other relevant indices; · MFA’s total stockholder return relative to its peer group; · MFA’s absolute total stockholder return; · MFA’s other asset management activities; and · The Executive’s individual performance.

Appears in 3 contracts

Samples: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.)

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