Performance Bonus Award Sample Clauses

Performance Bonus Award. The Committee has sole authority to determine the amount granted and payable, if any, and to interpret the terms and conditions of this Agreement and the Plan. Subject to the terms of the Plan and the Agreement, the Bonus Award shall be determined, awarded, and paid on or after ____________, and on or before ____________, if the Performance Goals specified in Part II, Section 1 are attained by Limoneira. The Committee shall certify in writing the attainment of the Performance Goal. The date on which the Committee makes its determination is referred to as the “Award Date.” The date the Bonus Award, if any, is paid to a Participant is referred to as the “Payment Date.”