Payment of Cash Bonus Sample Clauses

Payment of Cash Bonus. Any Cash Incentive Bonus will be payable, in cash, consistent with the Company’s normal bonus payment policy.
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Payment of Cash Bonus. This bonus shall be earned based on sales made each month by Immecor and shall be paid to Lai within fifteen (15) days after full payment has been received by Immecor for sales to which the bonus applies, and shall be in addition to any other compensation to which he is entitled hereunder.
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Payment of Cash Bonus. If following the Vesting of a SAR, the Share Price Appreciation is less than R18 but more than zero, then, subject to the condition that the Participant is employed with the Company on the Vesting Date, in addition to receiving the Entitlement Shares, the Participant shall be entitled to a Cash Bonus in respect of the services rendered as may be determined in accordance with the following formula – Where: CB = cash amount to be paid to a Participant, subject to the terms and conditions of this Deed and the Rules; VP = Vesting Price; OP = Offer Price; S = the number of Vested SARs.
Sample 1
Payment of Cash Bonus. The Company shall pay to Employee a cash bonus of $32,814 upon the earlier of (i) nine (9) months, or (ii) consummation of a Change in Control, unless Employee shall have resigned or shall have been terminated for Cause (as later defined herein) prior thereto in which cases no bonus shall be paid.
Sample 1
Payment of Cash Bonus. Subject to the terms and conditions of this Agreement, if Approval occurs prior to January 1, 2011, Alexza will pay Executive 50% of the cash bonus due Executive under the Plan within 10 business days after Approval. The parties acknowledge that this payment will not in any way limit the total cash bonus due Executive under the Plan, the remainder of which will be paid pursuant to the terms of the Plan .
Sample 1
Payment of Cash Bonus. In the event of a termination of the Executive’s employment (i) by the Company other than for Cause, (ii) by the Executive for Good Reason or (iii) due to death or Disability, after the end of a calendar year but prior to the payment in due course of the cash portion of any bonus earned by the Executive for such prior calendar year, the total amount of such earned but unpaid cash bonus for the Executive’s last full calendar year of employment before the date of termination shall be paid to Executive within thirty (30) days following the date the Company receives a release as described in Section 4(f) below; provided however, that if any such cash bonus is subject to performance-based criteria, it shall only be payable if the performance criteria are satisfied and certified by the Company’s Compensation Committee, unless the termination was due to death or Disability (so that no such certification is needed).
Sample 1

Related to Payment of Cash Bonus

  • Cash Bonus Executive shall be entitled to a fraction of any Cash Bonus for the fiscal year of the Company within which Executive’s termination of employment occurs which, based upon the criteria established for such Cash Bonus, would have been payable to Executive had he remained employed through the date of payment, the numerator of which is the number of days of such fiscal year prior to his termination of employment and the denominator of which is three hundred and sixty-five (365); and

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Cash Bonuses The Chief Executive Officer shall determine the Executive’s right to receive cash bonuses. Cash bonuses shall be awarded annually based upon the Executive’s and the Company’s annual performance pursuant to the Company’s policy. 5.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then (a) Members who are rated at Level II in all phases of the PFT will receive three hundred dollars ($300.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (2) For any calendar year in which fifty percent (50%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then: (a) Members who are rated at Level II in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive nine hundred dollars ($900.00) in a one-time lump sum payment. (3) All lump sum payments referenced herein will be paid in February of the following year.

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