Management Incentive Bonus Plan. During each fiscal year of the term of Employee's employment, Employee shall be eligible to earn a bonus pursuant to any management incentive plan adopted by the Company's Compensation Committee from time-to-time. The performance standards for earning such bonus and the bonus amount shall be established annually by the Compensation Committee of the Company and whether the standards have been met shall be determined by the Compensation Committee. Company may, but is not required to, pay some or all of any bonus earned by Employee in the form of stock options. Such options are to be granted after the receipt of the Company's final audit report of the applicable fiscal year and the exercise price is to be based on the market price of the Company's Common Stock at the close of the market on the day they are granted.
Management Incentive Bonus Plan. Executive shall be eligible to receive an annual bonus pursuant to the terms and conditions of the Management Incentive Bonus Plan of Dionex (the “MIB Plan”), which bonus, if earned, shall be payable within two months after the end of Dionex’s fiscal year, so long as both (i) Executive’s employment has not been terminated (by the Company or Executive) for any reason prior to the time payment is scheduled to be made, and (ii) the Company did not release Executive from his obligations under Sections 2 and 3 of this Agreement prior to June 1 of the fiscal year with respect to which the bonus would be payable following receipt of notice from Executive of termination of his employment pursuant to Section 5(a) of this Agreement. Such bonus payment(s), if any, represent special payments as provided for in Article 322d of the Swiss Code of Obligations (the “CO”). The amount of any bonus shall be determined by the AG Board (excluding Executive, if he is a member of the AG Board at the relevant time), at the direction and in the discretion of the Compensation Committee of the Dionex Board, consistent with the terms and formulas set out in the MIB Plan and any additional performance criteria for Dionex and Executive.
Management Incentive Bonus Plan. The Executive shall be eligible to receive a targeted annual bonus based on performance criteria established annually by the Compensation Committee pursuant to the Management Incentive Bonus Plan (the “Incentive Bonus”).
Management Incentive Bonus Plan. During each year of the term of Employee's employment, Employee shall be eligible to earn a bonus equal to 40%, as herein defined, of his base compensation. The performance standards for earning such bonus shall be established annually by the President and Compensation Committee of the Board of Directors of the Company but the eligibility for a 40% bonus shall not be amended during the term of this Agreement except with the consent of Employee. At least one-half of such bonus shall be paid in the form of stock options with an aggregate exercise price equal to such one-half of the bonus amount. Such options are to be granted on July 1 immediately after the close of the fiscal year and the exercise price is to be based on the market price of the Company's Common Stock at the close of the fiscal year. The other one-half of any bonus earned may be taken, at the election of the Employee, either in cash or in additional stock options with an exercise price equal to 170% of such one-half of the bonus amount. Bonuses shall be based on the Company's fiscal year and shall be pro rated for any year in which the Employee is employed only part of the fiscal year.
Management Incentive Bonus Plan. During each fiscal year of the term of Employee's employment, Employee shall be eligible to earn a bonus equal to 40%, as herein defined, of his base compensation. The performance standards for earning such bonus shall be established annually by the President of the Company but the eligibility for a 40% bonus shall not be amended during the term of this Agreement except with the consent of Employee. At least one-half of such bonus shall be paid in the form of stock options with an aggregate exercise price equal to such one-half of the bonus amount. Such options are to be granted immediately after receipt of audited financial statements for the previous fiscal year and the corresponding close of the previous fiscal year. The exercise price is to be based on the market price of the Company's Common Stock on the date of grant. The other one-half of any bonus earned may be taken, at the election of the Employee, either in cash or in additional stock options with an exercise price equal to 170% of such one-half of the bonus amount.
Management Incentive Bonus Plan. During each fiscal year of the term of Employee's employment, Employee shall be eligible to earn a bonus equal to 40%, as herein defined, of his base compensation. The performance standards for earning such bonus shall be established annually by the Compensation Committee of the Company and whether the standards have been met shall be determined by the Compensation Committee but the eligibility for a 40% bonus shall not be amended during the term of this Agreement except with the consent of Employee. At least one-half of such bonus shall be paid in the form of stock options with an aggregate exercise price equal to such one- half of the bonus amount. Such options are to be granted immediately after the receipt of the Company's final audit report of the fiscal year and the exercise price is to be based on the market price of the Company's Common Stock at the close of the market on the day they are granted. The other one- half of any bonus earned may be taken, at the election of the Employee, either in cash or in additional stock options with an exercise price equal to 170% of such one-half of the bonus amount.
Management Incentive Bonus Plan. During each fiscal year of the term of Employee’s employment (beginning with the fiscal year ending June 30, 2012), Employee shall be eligible to earn a bonus in accordance with the then-existing terms of the Company’s management incentive plan, as may be adopted by the Company’s Compensation Committee from time-to-time. The bonus amount, if any, the performance standards for earning such bonus, and the determination of whether the standards have been met shall be established and made annually by the Compensation Committee of the Company. The Company may, but is not required to, pay some or all of any bonus earned by Employee in the form of stock options. Such options are to be granted after the receipt of the Company’s final audit report of the applicable fiscal year and the exercise price is to be based on the fair market value of the Company’s common stock on the date of grant.
