Management Incentive Bonus. Employee shall be eligible to receive from Employer such annual incentive bonuses as may be determined by the Compensation Committee of the Board of Directors or as may be provided in incentive bonus plans adopted from time to time by Employer.
Management Incentive Bonus. The Employee shall be eligible to receive from the Employer, for each of the fiscal years of the Employer ended after the date hereof, a management incentive bonus (the “Incentive Bonus”) in an amount up to fifty percent (50%) of the Base Salary for such fiscal year, in accordance with an incentive bonus plan to be adopted by the Board prior to the end of the first fiscal quarter for each such fiscal year. In accordance with applicable Federal law, the Incentive Bonus, if any, will be paid by the March 15 following the fiscal year during which the Employee becomes vested in his Incentive Bonus.
Management Incentive Bonus. Beginning with calendar year 2005, Executive will be eligible to participate in the Company’s management incentive bonus plan pursuant to which the Company pays performance bonus compensation to its executives and employees based on personal and Company performance ratings for the applicable year, each as established by the Board or its Compensation Committee. Depending on his and the Company’s performance, Executive will be eligible to receive a bonus of up to 30% of base salary for the Company’s calendar year 2005.
Management Incentive Bonus. The Employee shall be eligible to receive from the Employer, for each of the fiscal years of the Employer ended after the date hereof, a management incentive bonus (the “Incentive Bonus”) in an amount up to fifty percent (50%) of the Base Salary for such fiscal year, in accordance with an incentive bonus plan to be adopted by the Board prior to the end of the first fiscal quarter for each such fiscal year. The Incentive Bonus for each fiscal year shall be paid within 30 days after the completion of the Employer’s audited financial statements for such fiscal year.
Management Incentive Bonus. Executive shall be entitled to receive a bonus equal to a maximum of 50% of his Salary based upon the achievement of goals set forth in Schedule A attached hereto (which shall be amended each year in the discretion of the Company). Such bonus shall be paid annually within 30 days after the completion of the Company's audited financial statements for each year. Executive shall also be eligible to receive from Company such annual management incentive bonuses as may be provided in management incentive bonus plans adopted from time to time by Company.
Management Incentive Bonus. Executive shall be eligible to receive from Employer such annual management incentive bonuses as may be provided in management incentive bonus plans adopted from time to time by Employer.
Management Incentive Bonus. Executive shall be entitled to receive a bonus equal to 100% of his salary if the Company achieves its budgeted EBITDA goals as determined by the Chief Executive Officer of Axxxx-Xxxxxxxx and the Compensation Committee of the Board of Directors. Such bonus shall be paid annually within 30 days following Allis-Chalmer’s release of its audited financial statements for each fiscal year during the term hereof. Executive shall also be eligible to receive from Company such other annual management incentive bonuses as may be provided in management incentive bonus plans adopted from time to time by Company.
Management Incentive Bonus. The Employee shall also be eligible to receive from the Employer, for each of the fiscal years of the
Management Incentive Bonus. Executive shall be eligible for an annual bonus of up to 50% of the then-current Base Salary (the “Total Annual Bonus Amount”) based on the achievement of financial objectives for the Company established by the Board of Directors, and other terms and conditions. For 2008, one half of the Total Annual Bonus Amount will be based on objectives for the first six months of Executive’s employment, of which 20% (measured based on the full annual bonus) would be earned if Executive serves during that period and the balance (30% of the annual bonus) will be based on financial objectives for that period. The remaining 50% of the Total Annual Bonus Amount for calendar year 2008 will be based on the achievement of financial objectives for the Company determined for the entire year established by the Board of Directors. To receive an annual bonus for any calendar year, Executive must remain employed with the Company until the time of payment. All annual bonuses shall be paid to Executive before March 31 of the year immediately following the year to which the bonus relates.
Management Incentive Bonus. During the Transition Period, you will be eligible for 1996 Management Incentive Bonus consideration to be paid out in 1997, based on the combination of your performance and that of the Company during the 1996 fiscal year. The Management Incentive Bonus target for 1996 is twenty percent (20%) of base salary, however it can be as little as 0% or as high as 33% of base salary depending on overall company and individual performance.
