Payment of Bonus Compensation. (i) The Bonus for any Company fiscal year under this Agreement shall be paid by March 15th of the following year.
(ii) Except as otherwise expressly provided in this Agreement, your Bonus shall be prorated (A) to apply only to that part of the Company’s fiscal year which falls within the Contract Period and (B) to the extent the Company's fiscal year is less than a 12-month fiscal year (a “Pro-Rated Bonus”). Following expiration of the Contract Period, you shall receive a Pro-Rated Bonus for the period of the Company’s fiscal year which falls within the Contract Period only (A) in the event that the Company terminates your employment without Cause prior to the date on which employees of the Company become entitled to Bonus under the STIP, (B) as provided in paragraph 11(c)(ii) or (C) as provided in the STIP.
(iii) Any Bonus or Pro-Rated Bonus payable pursuant to paragraphs 11, 13 or 14 shall be paid at the lesser of (X) your Target Bonus amount or (Y) your Target Bonus amount, adjusted based on the Company Performance Factor for the relevant year.
Payment of Bonus Compensation. Executive's Bonus Compensation (which term as used herein includes both the Plan Bonus and the Business Segment Bonus, if any) shall be paid in accordance with ss.5 of the Bonus Plan. With respect to any Fiscal Year which falls in part but not in whole within the Term of Employment, the pro rata portion of the Bonus Compensation to which Executive is entitled under this ss.3(b) shall be determined in accordance with ss.3(c) of the Bonus Plan.
Payment of Bonus Compensation. The Bonus Compensation shall be paid in installments as follows:
Payment of Bonus Compensation. (i) The Bonus for any Company fiscal year under this Agreement shall be paid to you at the same time as bonuses under the STIP are paid to similarly situated employees of the Company, but in no event after March 15th of the following year. Xxxxxxx X. Xxxxxxxx October 2, 2009
(ii) Except as otherwise expressly provided in this Agreement, your Bonus shall be prorated (A) to apply only to that part of the Company’s fiscal year which falls within the Contract Period and (B) to the extent the Company’s fiscal year is less than a 12-month fiscal year (a “Pro-Rated Bonus”).
(iii) Any Bonus or Pro-Rated Bonus payable pursuant to paragraphs 11, 13 or 14 shall be paid at the lesser of (X) your Target Bonus amount or (Y) your Target Bonus amount, adjusted based on the Company Performance Factor for the relevant year.
Payment of Bonus Compensation. (i) The Bonus for any Company fiscal year under this Agreement shall be paid by March 15th of the following fiscal year.
(ii) Except as otherwise expressly provided in this Agreement, your Bonus shall be prorated (A) to apply only to that part of the Company’s fiscal year which falls within the Contract Period and (B) to the extent the Company’s fiscal year is less than a twelve (12)-month fiscal year (a “Pro-Rated Bonus”). Following expiration of the Contract Period, you shall receive a Pro-Rated Bonus for the period of the Company’s fiscal year which falls within the Contract Period.
(iii) Any Bonus or Pro-Rated Bonus payable pursuant to paragraph 11, 13 or 14 shall be paid at the lesser of (A) your Target Bonus amount or (B) your Target Bonus amount, adjusted based on the Company Performance Factor for the relevant year.
Payment of Bonus Compensation. The Bonus Compensation provided for in this Paragraph 4 (b) shall be paid to Leshyn within 90 days after the issuance for the audited financial statements following the close of the Company's fiscal year or, in connection with termination of Leshyn's employment, within 90 days after issuance of the Company's unaudited financial statements as described in Paragraph 4 (b) (3) below.
Payment of Bonus Compensation. (i) The Bonus for any calendar year under this Agreement shall be payable by March 15th of the following year.
(ii) Except as otherwise expressly provided in this Agreement, your Bonus shall be prorated to apply only to that part of the calendar year which falls within the Contract Period (a “Pro-Rated Bonus”).
(iii) Any Bonus or Pro-Rated Bonus payable pursuant to paragraphs 11, 13 or 14 shall be paid at your Target Bonus amount, adjusted based on the Company Performance Factor for the relevant year; provided, however, that the Company Performance Factor shall be deemed to be the Company’s actual performance factor, but not to exceed 100%.
Payment of Bonus Compensation. In addition to any other compensation paid by the Company to the Executive for services rendered, the Company agrees to: (i) remit a Premium to the Insurer, on the Executive’s behalf, at the beginning of any Policy Year (but in no event later than the 90th day of the applicable Policy Year) in which Premium is payable with respect to the Actual Policy, pursuant to the definition and assumptions described with respect to the Phantom Policy; and (ii) pay the Executive a cash bonus during any Policy Year in which Premium is remitted to the Insurer on the Executive’s behalf, to approximately offset the Executive’s state and federal income taxes associated with such Premium amount and the cash bonus itself (as more specifically described in Section 3.2).
Payment of Bonus Compensation. Executive's bonus compensation, if any, will be paid to him in a lump sum within fifteen (15) days following the completion of the audit of the most recently concluded calendar year. Executive's bonus compensation, if any, shall be subject to withholding for income and FICA taxes and any other proper deductions. Notwithstanding anything to the contrary, HFC's payment of bonus compensation to Executive in the event Executive does not remain in HFC's employ for the full then current calendar year shall be controlled by Paragraph 3.02
Payment of Bonus Compensation. Executive's bonus compensation, if any, will be paid to him in a lump sum within sixty (30) days following the completion of the audit of the most recently concluded calendar year; provided, however, that Executive must remain employed by HFC on the date such bonus is paid to Executive to receive such bonus. If Executive is no longer employed by HFC on the date HFC pays Executive's bonus compensation for the most recently concluded calendar year, Executive shall not receive any bonus compensation for the most recently concluded calendar year, regardless of when Executive's employment terminated. Executive's bonus compensation, if any, shall be subject to withholding for income and FICA taxes and any other proper deductions.
