Post-Season Incentive Compensation Sample Clauses

Post-Season Incentive Compensation. Subject to the terms and conditions set forth in the Agreement, EMPLOYEE shall receive Post-Season Incentive Compensation in the amounts, and based on attaining the goals as outlined in the most recent Additional Compensation Policy for Post-Season Athletics approved by LSU at the time the additional compensation is attained. 1. Post-Season Incentive Compensation as additional compensation for the extra services required of EMPLOYEE in the preparation for and participation in post-season play. If payable, Post-Season Incentive Compensation shall be paid within 60 days following the final postseason game in which Team participates. 2. If EMPLOYEE does not actively coach the Team in the Position for any post-season game for any reason, including but not limited to termination or re-assignment of position, EMPLOYEE shall not be entitled to Post- Season Incentive Compensation.
Sample 1Sample 2Sample 3See All (17)
AutoNDA by SimpleDocs
Post-Season Incentive Compensation. Subject to the terms and conditions set forth in the Agreement, EMPLOYEE shall receive Post-Season Incentive Compensation in the amounts and based on attaining the goals shown below. The maximum amount of Post-Season Incentive Compensation payable in a contract year shall be $75,000. 1. Post-Season Incentive Compensation Goals: a. SEC Champion $ 10,000 b. Appearance in NCAA Tournament $ 5,000
Sample 1Sample 2Sample 3See All (6)
Post-Season Incentive Compensation. In the event the Team participates in post-season game(s), EMPLOYEE may earn Post-Season Incentive Compensation as additional compensation for the extra services required of EMPLOYEE in the preparation for and participation in post-season play, in accordance with LSU's policies and procedures (“Post-Season Incentive Compensation”). Post-Season Incentive Compensation shall be in the amounts and for meeting the goals set forth in Schedule A, Section 1, which is attached to and made a part of this Agreement, and if payable, shall be paid within sixty (60) days following the final post-season game in which the Team participates. If EMPLOYEE does not actively coach the Team in the Position for any post-season game for any reason, including but not limited to termination or re-assignment of position, EMPLOYEE shall not be entitled to Post-Season Incentive Compensation. Post-Season DocuSign Envelope ID: 5F126320-7C02-4E33-952C-29DE5A7AD468 DocuSign Envelope ID: 54C56A7A-B277-492E-8288-5D5D578345DA Incentive Compensation may be payable, in whole or in part, from affiliated foundation funds.
Sample 1Sample 2Sample 3
Post-Season Incentive Compensation. In the event the Team participates in post-season football game(s), LSU will pay EMPLOYEE Post-Season Incentive Compensation as additional compensation for the extra services required of EMPLOYEE in the preparation for and participation in post- season play as follows: Post-Season Goal Amount 1. Participation in SEC Championship Game $100,000 DocuSign Envelope ID: BA523816-055E-457A-948A-FE096A1264BC DocuSign Envelope ID: 5171E73B-04A8-4644-8B28-3F711C6C6ACE 2. Win SEC Championship Game $200,000 3. Appear in Non-College Football Playoff (“CFP”) Post-Season Bowl Game $25,000 4. CFP Bowl Participant (excluding semi-finals) $150,000 5. CFP Semifinal Game Participant $250,000 6. CFP Final Game Participant $150,000 7. CFP Champion $500,000 The Post-Season Incentive Compensation, if payable, shall be considered earned as of the date of each game at which a Post-Season Goal is attained and shall be paid within 60 days following the final post-season football game in which the Team and EMPLOYEE participates. The Post-Season Incentive Compensation earned by EMPLOYEE during each intercollegiate football season is cumulative based on any and all Post-Season Goals achieved. The total amount of Post- Season Incentive Compensation could equal up to $1,200,000 in a given Contract Year should EMPLOYEE and the Team achieve Post-Season Goals 1, 2, 5, 6 and 7 during any Contract Year.
Sample 1Sample 2Sample 3
Post-Season Incentive Compensation. Subject to the terms and conditions set forth in the Agreement, EMPLOYEE shall receive Post-Season Incentive Compensation in the amounts, and based on attaining the goals as outlined in the most recent Additional Compensation Policy for Post-Season Athletics approved by LSU at the time the additional compensation is attained. 1. Post-Season Incentive Compensation as additional compensation for the extra services required of EMPLOYEE in the preparation for and participation in post-season play. If payable, Post-Season Incentive Compensation shall be paid within 60 days following the final postseason game in which Team participates. 2. If EMPLOYEE does not actively coach the Team in the Position for any post-season game for any reason, including but not limited to termination or re-assignment of position, EMPLOYEE shall not be entitled to Post- Season Incentive Compensation. 3. With approval of the Athletic Director, and in an amount determined by the Athletic Director, EMPLOYEE may also receive post-season compensation for SEC/NCAA Coach of the Year awards and/or should EMPLOYEE assist the men’s golf sport with post-season competition (within NCAA guidelines). DocuSign Envelope ID: AEF77B09-BC7E-43BF-A8A0-5A03A20B90EE
Sample 1Sample 2
Post-Season Incentive Compensation. Subject to the terms and conditions set forth in the Agreement, EMPLOYEE shall receive Post-Season Incentive Compensation in the amounts and based on attaining the goals shown below. The maximum amount of Post-Season Incentive Compensation payable in a contract year shall be $130,000. 1. Post-Season SEC Incentive Compensation Goals (maximum of $40,000 per year): a. SEC Meet Champion $ 25,000 OR b. SEC Season Champion $ 25,000 OR c. Both SEC Meet Champion AND SEC Season Champion $ 40,000 2. Post-Season NCAA Incentive Compensation Goals (maximum of $90,000 per year): DocuSign Envelope ID: 66F5736F-2413-466F-B9E3-AB4A5AE0F75F a. Appearance in NCAA Tournament $ 5,000 OR b. NCAA Final 16 $ 10,000 OR c. NCAA Final 8 $ 25,000 OR d. NCAA Final 4 $ 50,000 e. NCAA National Champion $ 40,000 3. Post-Season Incentive Compensation is additional compensation for the extra services required of EMPLOYEE in the preparation for and participation in post-season play. If payable, Post-Season Incentive Compensation shall be paid within 60 days following the final postseason game in which Team participates. 4. If EMPLOYEE does not actively coach the Team in the Position for any post-season game for any reason, including but not limited to termination or re-assignment of position, EMPLOYEE shall not be entitled to Post- Season Incentive Compensation.
Sample 1Sample 2
Post-Season Incentive Compensation. Subject to the terms and conditions set forth in the Agreement, EMPLOYEE shall receive Incentive Compensation in the amounts, based on attaining the goals, shown below. The maximum amount of Incentive Compensation under this Section shall be $125,000 per contract year: Post-Season Goal Amount 1. Western Division Representative SEC Championship Game $15,000 OR 2. SEC Champions $25,000 3. Non College Playoff (CFP) Bowl Participant $15,000 OR 4. CFP Bowl Participant $25,000 OR 5. CFP Semifinal Game Participant $50,000 OR 6. CFP National Championship Game Participant $75,000 OR 7. CFP Champion $100,000 C. Coaching Recognition Incentive Compensation. EMPLOYEE may earn DocuSign Envelope ID: 62B401F5-2165-4CD1-AC49-DF7CFA0A23F5 Coaching Recognition Incentive Compensation as follows: 1. In the event EMPLOYEE is named National Assistant Football Coach of the Year by the Xxxxxxx Foundation (the “Xxxxxxx Award”) or by the American Football Coaches Association (“FBS” division), LSU will pay EMPLOYEE Coaching Recognition Incentive Compensation in the amount of $25,000. 2. The Coaching Recognition Incentive Compensation, if payable, shall be considered earned as of the first date any of the listed honors is named and shall be paid within 60 days of that date. The Coaching Recognition Incentive Compensation earned by EMPLOYEE during each intercollegiate football season is not cumulative; thus, EMPLOYEE will only receive Coaching Recognition Incentive Compensation totaling $25,000 during a Contract Year even if EMPLOYEE receives more than one of the listed awards during that Contract Year.
Sample 1Sample 2
AutoNDA by SimpleDocs
Post-Season Incentive Compensation. Subject to the terms and conditions set forth in the Agreement, EMPLOYEE shall receive Incentive Compensation in the amounts, based on attaining the goals, shown below. The maximum amount of Incentive Compensation under this Section shall be
Sample 1Sample 2

Related to Post-Season Incentive Compensation

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Annual Incentive Compensation Executive shall be eligible to receive an annual bonus (“Annual Bonus”) with respect to each fiscal year ending during the Employment Period. The Annual Bonus shall be determined under the 2006 Omnibus Incentive Plan (the “Omnibus Plan”) or such other annual incentive plan maintained by the Company for similarly situated employees that the Company designates, in its sole discretion (any such plan, the “Bonus Plan”), in accordance with the terms of such plan as in effect from time to time. For each such fiscal year, Executive shall be eligible to earn a target Annual Bonus equal to seventy percent (70%) of Executive’s Base Salary for such fiscal year, if the Company achieves the target performance goals established by the Board for such fiscal year in accordance with the terms of the Bonus Plan. If the Company does not achieve the threshold performance goals established by the Board for a fiscal year, Executive shall not be entitled to receive an Annual Bonus for such fiscal year. If the Company exceeds the target performance goals established by the Board for a fiscal year, Executive may be entitled to earn an additional Annual Bonus for such year in accordance with the terms of the applicable Bonus Plan. The Annual Bonus for each year shall be payable at the same time as bonuses are paid to other senior executives of the Company in accordance with the terms of the applicable Bonus Plan, but in no event later than two and a half (21/2) months following the end of the applicable fiscal year in which such Annual Bonus was earned. Executive shall be entitled to receive any Annual Bonus that becomes payable in a lump-sum cash payment, or, at his election, (A) up to fifty percent (50%) of the Annual Bonus in the form of a grant of restricted stock units of Common Stock (as defined below) or (B) in any form that the Board generally makes available to the Company’s executive management team, provided that any such election is made by Executive in compliance with Section 409A of the Code and the regulations promulgated thereunder.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • Equity Incentive Compensation Upon the Closing, each incentive award in respect of the common stock of Seller Parent (a “Seller Parent Equity Award”) held by a Transferred Employee shall become vested or eligible to vest (subject to the satisfaction of any applicable performance goals) in a prorated amount, determined based on the number of days in the applicable vesting period elapsed as of the Closing Date. Effective as of the Closing, Purchaser or its Affiliates shall grant to each Transferred Employee an equity- or cash-based incentive award (a “Make-Whole Award”) with a grant date fair value that is no less favorable than the value of the portion of the Seller Parent Equity Awards forfeited by the Transferred Employee in connection with the Closing (which forfeited amount shall be disclosed to Purchaser Parent no later than five (5) Business Days prior to the Closing), which Make-Whole Award shall have terms and conditions that are no less favorable than the terms and conditions (including vesting schedule and accelerated vesting terms) that were applicable to the corresponding Seller Parent Equity Award. In the event that the post-Closing transfer of a Delayed Transfer Employee results in a larger portion of the Seller Parent Equity Awards held by such Delayed Transfer Employee becoming vested upon such Delayed Transfer Employee’s transfer of employment than if the employment of such Delayed Transfer Employee had transferred upon the Closing, then the incremental cost of such additional vesting (which cost shall be measured based on the taxable income the Delayed Transfer Employee either realized or would have realized had such awards been settled or exercised upon such Delayed Transfer Employee’s transfer of employment to Purchaser or its Subsidiaries) shall be considered Purchaser Assumed Employee Liabilities.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • 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.

  • Bonus Compensation During the term hereof, the Executive shall participate in the Company’s Senior Executive Annual Incentive Plan, as it may be amended from time to time pursuant to the terms thereof (the “Plan,” a current copy of which is attached hereto as Exhibit A) and shall be eligible for a bonus award thereunder (the “Bonus”). For purposes of the Plan, the Executive shall be eligible for a Bonus, and the Executive’s specified percentage (the “Specified Percentage”) for such Bonus shall initially be fifty percent (50%) of Base Salary and shall thereafter be established annually by the Board of Directors (the “Board”) or, if the Board delegates the Specified Percentage determination process to a Committee of the Board, by such Committee. In the event the Board or Committee does not approve the Executive’s Specified Percentage within 90 days of the beginning of a fiscal year, such Specified Percentage shall be the same as the immediately preceding year. Whenever any Bonus payable to the Executive is stated in this Agreement to be prorated for any period of service less than a full year, such Bonus shall be prorated by multiplying (x) the amount of the Bonus otherwise earned and payable for the applicable fiscal year in accordance with this Sub-Section 4.2 by (y) a fraction, the denominator of which shall be 365 and the numerator of which shall be the number of days during the applicable fiscal year for which the Executive was employed by the Company. Executive agrees and understands that any prorated Bonus payments will be made only after determination of the achievement of the applicable Performance Measures (as defined in the Plan) in accordance with the terms of the Plan. Any compensation paid to the Executive as Bonus shall be in addition to the Base Salary.

  • Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s target annual incentive compensation shall be thirty-five percent (35%) of his Base Salary. To earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!