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.
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
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.
Payment of Bonus Compensation. Seller agrees that it shall be solely responsible for and shall pay any amounts due to employees (including the Bonused Employees) of the Target Companies with respect to any phantom stock in the Target Companies or other bonus arrangements or bonus plans or other compensation arrangements pursuant to which a right to compensation or bonus amounts have accrued through the Closing Date or are triggered by the consummation of the transactions contemplated by this Agreement, which responsibility shall include the obligation to withhold from such compensation tax withholding amounts subject to the terms of Section 2.06.
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(d) of this Agreement.
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. The Trust and Executive each hereby acknowledge that the employment of Executive is terminable at the will of either the Trust or Executive without notice to the other for any reason whatsoever or no reason, and that this Agreement and the bonus compensation provided for herein is not intended to and shall not create a presumption of an employment contract or constitute an express or implied contract of employment between the Trust and Executive. Accordingly, Executive acknowledges and agrees that except as specifically set forth in this Agreement, in the event of the expiration of this Agreement or the expiration of any renewal hereof, Executive shall not be entitled to receive, and the Trust shall not be obligated to pay to Executive, any further bonus compensation; provided, however, that in the event Executive's employment is terminated for any reason prior to the expiration of this Agreement or any renewal hereof, Executive shall be entitled to receive any
