Management Incentive Plan. “Management Incentive Plan” shall mean the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.
Management Incentive Plan. Following the Effective Date, Newco may, in accordance with the Transaction Support Agreement, (a) reserve a certain percentage of Newco Partnership Interests as determined by Newco, on a fully diluted, fully distributed basis, for grants made from time to time to employees of the Reorganized Debtor and Newco and (b) otherwise contain terms and conditions (including with respect to participants, allocation, structure, and timing of issuance) generally consistent with those prevailing in the market at the discretion of the New Board.
Management Incentive Plan. The Executive shall be eligible to participate in the First Nationwide Holdings Inc. Management Incentive Plan. Participation shall be subject to the terms of the Plan. In the event that the Term of the Agreement is terminated pursuant to Section 4.4 hereof, the Executive's interest in such plan shall become fully vested.
Management Incentive Plan. The Issuers shall not amend, modify or restate the Management Incentive Plan after the Effective Date in any way that would increase the aggregate maximum amount of incentive payments payable thereunder at any time to an amount greater than 105% of the aggregate maximum amount otherwise payable under the Management Incentive Plan with respect to the achievement of a certain performance target or incentive level.
Management Incentive Plan. During each calendar year of the Executive Employment Agreement, beginning 2008, Executive shall be entitled to receive 50% of his base salary for that year as a bonus (the “Target Bonus”) upon completion of targeted goals, objectives and milestones established and approved by the Board. Prior to the commencement of each calendar year, Executive shall submit to the Board for approval a proposed “Bonus Plan” for the upcoming calendar year. Executive’s proposed Bonus Plan shall include a description of the goals, objectives and milestones and attendant bonus payments that shall be made by the Company to Executive in the event the Company attains such goals, objectives and milestones. The Board shall review, and at the Board’s discretion, modify and adopt the Bonus Plan, specifying the terms, conditions and amounts. The Bonus Plan as modified and adopted by a resolution of the Board shall be the Bonus Plan in effect for the respective calendar year. The bonus shall be paid no more than 30 days after the filing of the Company’s Form 10-K.
Management Incentive Plan. You shall be eligible to participate in the Coca-Cola Enterprises, Inc. Executive Management Incentive Plan, subject to the rules of such Plan and the determinations made by the Compensation Committee.
Management Incentive Plan. The Employee shall be entitled to ------------------------------- participate in an equitable manner with other key management personnel of the Bank in the Bank's management incentive plan adopted in 1998.
Management Incentive Plan. In addition to the base salary paid to Employee in accordance with Paragraph 5, Corporation shall for each calendar year of Employee's employment by Corporation, beginning with the calendar year 2005, continue to pay Employee, as performance bonus compensation, an amount determined each year under Corporation's current Management Incentive Plan (short-term Incentive Program) with a target level based on at least 75% of base salary. Nothing in this paragraph shall preclude Employee from receiving additional discretionary bonuses approved by the Chief Executive Officer or the Board.
Management Incentive Plan. The terms and conditions of the Management Incentive Plan are hereby incorporated herein by reference, and the Executive and the Company shall comply with all of the terms thereof applicable to annual incentive awards. In the event of any conflict between the terms of this Agreement and the terms of the Management Incentive Plan, the terms of the Management Incentive Plan shall govern.
Management Incentive Plan. Executive shall be eligible for incentive compensation in accordance with Attachment B (the “Management Incentive Plan”), attached hereto and made a part hereof by this reference. Incentive compensation shall be paid not less frequently than annually, and prorated as applicable.
