Performance Bonus Agreement Sample Clauses

Performance Bonus Agreement. For the avoidance of doubt, the termination of the Employee’s employment for any reason shall not affect the Employee’s right to any bonus otherwise payable under the terms of the Performance Bonus Agreement.
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Performance Bonus Agreement. Subject to the Exchange approval to be applied for as part of the Proposed Qualifying Transaction, Deal Capital will enter into a management performance share bonus agreement with certain of its proposed directors, officers and consultants effective as of the Closing Date to award up to 2,000,000 common shares in the capital of Deal Capital as follows: (a) an aggregate of 1,000,000 common shares in the capital of Deal Capital on or before the 10th Business Day following the completion of an independent NI 43-101 compliant resource report for the Santa Xxxxxxxxx Gold Project that identifies a measured and/or indicated mineral resource (as defined in NI 43-101) greater than 1,700,000 ounces of gold, or gold equivalent in other valuable commodities, with reasonable cut-off grades as determined by the independent Qualified Person; and (b) an aggregate of 1,000,000 common shares in the capital of Deal Capital on or before the 10th Business Day following the completion of an independent NI 43-101 compliant resource report for the Santa Xxxxxxxxx Gold Project that identifies a measured and/or indicated mineral resource (as defined in NI 43-101) greater than 2,700,000 ounces of gold, or gold equivalent in other valuable commodities with reasonable cut-off grades as determined by the independent Qualified Person.
Sample 1
Performance Bonus Agreement. A performance bonus agreement between the Company and the Stockholder, providing for the opportunity for the Stockholder to receive a bonus payment based upon the future performance of the Company, shall have been duly authorized, executed and delivered by the Company and executed and delivered by the Stockholder.
Sample 1
Performance Bonus Agreement. The Company issued to Executive a performance bonus agreement dated April 23, 2020 (“Performance Bonus Agreement”), which agreement is in full force and effect and enforceable in accordance with its terms. In the Performance Bonus Agreement, (i) references to the defined term “Employment Agreement” shall mean reference to this amended and restated employment agreement between the Company and Executive dated April 23, 2021, and (ii) Section 2 of the Performance Bonus Agreement is amended and restated as follows:
Sample 1

Related to Performance Bonus Agreement

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Incentive Bonuses The Employee shall be eligible to be considered for an annual incentive bonus with a target amount equal to 50% of his Base Compensation. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Company's Board of Directors (the "Board") or its Compensation Committee. The determinations of the Board or such Committee with respect to such bonus shall be final and binding.

  • Incentive Bonus Compensation The Executive shall be eligible for incentive bonus compensation for each Fiscal Year in an amount to be determined by the Board of Directors or any committee thereof ("INCENTIVE BONUS COMPENSATION").

  • 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.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

  • Bonus The Executive shall be eligible for Bonuses determined by the Board.

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