Long Term Cash Incentive. In the event of a Change in Control (as defined below), subject to the Executive's continued employment with the Company through such Change in Control, the Executive shall be eligible to receive a long term cash incentive bonus equal to $1,600,000.00 (the "Cash Incentive Bonus"). The Cash Incentive Bonus shall be paid to the Executive within the sixty (60) day period following such Change in Control (the "Payment Date"). Notwithstanding the foregoing, in the event that Executive's employment is terminated (x) by the Company without Cause (as defined below) or (y) by the Executive for Good Reason (as defined below), in each case, during the period that begins forty-five (45) days prior to the date the Company enters into a definitive agreement that if consummated would result in a Change in Control and ends on the date such Change in Control is consummated, Executive shall continue to be eligible to receive the Cash Incentive Bonus on the Payment Date.
Long Term Cash Incentive. You will be eligible to participate in Spinco's Long Term Incentive Plan, with a target award opportunity of $50,000 and a maximum award to be determined once the spin-off takes place. [LOGO] Pitney Xxxxx
Long Term Cash Incentive. The Executive shall be eligible to receive a long-term cash incentive (the "Long-Term Incentive"), in an amount between $800,000 and $1,200,000, with a target amount of $1,000,000, based on the achievement of performance objectives established for the Company by the Board, in its sole discretion. The Long-Term Incentive, if any, will be payable as follows: (i) $400,000 on the last day of fiscal year beginning in 2003 (the "2003 Long-Term Incentive"), and (ii) an amount between $400,000 and $800,000, $400,000 of which shall be paid on the last day of the fiscal year beginning in 2004 provided that the Executive remains continuously employed by the Company through the applicable payment date (the "2004 Long-Term Incentive") and the remaining amount, if any, shall be paid at the same time annual bonuses are paid, but in no event later than April 30, 2005, provided the Executive remains continuously employed through the applicable payment date.
Long Term Cash Incentive. Your LTI also entitles you to participate in a three year cash incentive plan. This plan is designed to deliver a targeted long term cash incentive of $500,000 payable in March 2009. Depending on your achievement of very strong performance requirements and objectives over the three year period (2006-2008) you could earn between zero to 200% of target. The metrics and goals are identical to those set forth for other senior corporate officers as approved by the Compensation Committee of the Board of Directors.
Long Term Cash Incentive. Xxxxxxx is eligible for cash bonus opportunities under the Long-Term Cash Incentive Plan and its Exhibits, (the “Incentive Plan”) adopted by the AppFolio Board of Directors on February 20, 2018, and the Long-Term Cash Incentive Award Offer of the same date (the “Incentive Offer”), subject to the following additional terms:
Long Term Cash Incentive. Parent has adopted and the stockholders have approved Parent’s 2004 Long-Term Cash Incentive Plan (the “2004 Cash Plan”). Immediately after the Effective Time, Parent shall award the Employee [ ] Units in the 2004 Cash Plan. The award of the Units shall be in the form attached to this Agreement. The term “Units” shall have the meaning given to it in the 2004 Cash Plan.
Long Term Cash Incentive. Your long-term cash incentive awards relating to fiscal year 2010 and later are canceled but the long-term cash incentive awards relating to fiscal year 2009 will be paid in 2010 according to its terms. No further payments will be made under such awards after this year including awards made in prior years.
Long Term Cash Incentive. Each tranche of these LTCIs will be paid to the Executive in December of the year of vesting. Executive must have remained in the continuous employment of the Company up to and through each respective vesting date in order to receive the amount vesting on such date.
Long Term Cash Incentive. For the Company’s fiscal year ending on or around January 31, 2017 (“FY 2016”), the Executive shall be eligible for a cash bonus pursuant to the 2013 Incentive Plan in the amount of $500,000 (the “Performance Bonus”). The Performance Bonus shall become earned and payable only if (i) the Executive remains continuously employed with the Company through the last day of such fiscal year, and (ii) the average daily closing sales price of a share of the Parent’s common stock, as reported by the New York Stock Exchange, for the last six months of FY 2016 is equal to or greater than $10. For each of the Company’s fiscal years ending on or around January 31, 2018 (“FY 2017”), on around January 31, 2019 (“FY 2018”), and on or around January 31, 2020 (“FY 2019”), the Executive shall be eligible for an additional cash bonus pursuant to the 2013 Incentive Plan in the amount of $500,000 with respect to each such fiscal year (the “Additional Performance Bonus”). The Additional Performance Bonus with respect to each such fiscal year shall become earned and payable only if (i) the Executive remains continuously employed with the Company through the last day of such fiscal year, and (ii) the average daily closing sales price of a share of the Parent’s common stock, as reported by the New York Stock Exchange, for the entire applicable fiscal year is equal to or greater than the amounts provided in the table below. Fiscal 2017: $15 Fiscal 2018: $20 Fiscal 2019: $25 Any Performance Bonus or Additional Performance Bonus that may become earned and payable pursuant to this Section 4(d) shall be paid at the same time that any Annual Bonus would normally be paid by the Company, but in no event later than the first April 30th following the end of applicable fiscal year to which the bonus relates. No payment under this Section 4(d) shall be payable unless the conditions described herein are satisfied. If there shall occur any change with respect to the Parent’s common stock by reason of any recapitalization, reclassification, unit split, reverse unit split or any merger, reorganization, consolidation, combination, spin off or other similar corporate change affecting the outstanding securities of the Parent, the Compensation Committee may, in the manner and to the extent that it deems appropriate and equitable in its discretion, cause a corresponding adjustment to be made in the performance targets provided above, and any other terms and conditions hereunder that are affected by such ...
Long Term Cash Incentive. During the Employment Period, commencing with the 2019 calendar year Executive shall be eligible annually for $200,000 in long-term incentive compensation from the Company in the form of time-based cash outside the Company’s Incentive Compensation Plan (“LTCI”). The LTCIs granted in a calendar year will vest over a two-year period, 50% one year from the date of grant and 50% two years from the date of grant. -2- Each tranche of these LTCIs will be paid to the Executive in December of the year of vesting. Executive must have remained in the continuous employment of the Company up to and through each respective vesting date in order to receive the amount vesting on such date.
