Revenue Bonus. 1. At 100% of revenue target (i.e., 10% growth), your revenue bonus will equal 100% of 25% of 45% of base salary.
Revenue Bonus. If Wiltek reports fiscal year 1999 revenue (excluding any -------------- revenue for business's acquired after January 1, 1999) of at least $6,800,000 then a cash bonus of .30% of total fiscal year 1999 revenue $7,000,000 then a cash bonus of .32% of total fiscal year 1999 revenue $7,200,000 then a cash bonus of .34% of total fiscal year 1999 revenue $7,400,000 then a cash bonus of .36% of total fiscal year 1999 revenue $7,600,000 then a cash bonus of .38% of total fiscal year 1999 revenue $7,800,000 then a cash bonus of .40% of total fiscal year 1999 revenue $8,000,000 then a cash bonus of .42% of total fiscal year 1999 revenue $8,200,000 then a cash bonus of .44% of total fiscal year 1999 revenue $8,400,000 then a cash bonus of .46% of total fiscal year 1999 revenue $8,600,000 then a cash bonus of .48% of total fiscal year 1999 revenue $8,800,000 then a cash bonus of .50% of total fiscal year 1999 revenue The Company shall make full cash bonus payment to Employee within 60 days (December 30, 1999) of close of fiscal year 1999. In the event of termination any bonus accumulated as of the date of termination will be payable by the Company to the Employee within 30 days of termination.
Revenue Bonus. On April 1st of 2009 and each year of the agreement thereafter Xxxxxxxx will be entitled to a bonus equal to 25-100% of his past year salary earned. Amount of bonus to be determined by the Board of Directors and payable in cash or S-8 registered shares at the company’s option.
Revenue Bonus a. The Executive shall receive a bonus of 25% of his base salary if the 2015 Revenue is at least the Revenue Target.
Revenue Bonus. USD 150,000.00 annualized at 100% attainment of the Revenue Target.
Revenue Bonus i. Employee will be eligible to earn a Revenue Bonus twice per year based Sonim’s attainment of the Revenue Target set forth in that period.
Revenue Bonus. The “Revenue Target” is 100% of budgeted revenue of Inspire for the calendar year. The “Revenue Bonus Target” is 15% of Employee’s Base Salary as of December 31. The amount of the “Revenue Bonus” is determined as follows: Actual Revenue Compared to Revenue Target Revenue Bonus 110% or greater 125% of Revenue Bonus Target 100-109% 100% of Revenue Bonus Target 95-99% 95% of Revenue Bonus Target 90-94% 90% of Revenue Bonus Target Below 90% No Revenue Bonus
Revenue Bonus. On or before March 30 of each year, commencing in March 2010, the Company shall calculate the Revenue Bonus payable to Executive for the previous year, based upon the formula set forth below: RB = (S x 0.6) x AR 2 GR Where: RB = the amount of the Revenue Bonus for a given year; provided, however, that this amount shall not exceed 90% of Executive’s Salary. S = Executive’s Salary for such year; AR = the actual gross revenues recognized by the Company for such year; and GR = the Company’s goal for gross revenues for such year.
Revenue Bonus. During the Period of Employment, the Executive shall be eligible to receive a revenue bonus for each fiscal year of the Company that occurs during the Period of Employment (“Revenue Bonus”) in an amount equal to 0.75% of the amount of the Company’s net revenues in that fiscal year exceed $25 million.. The revenue bonus shall be payable for any fiscal year within seven (7) calendar days following the date that the Company files its Annual Report on Form 10-K for such fiscal year. Notwithstanding the foregoing and except as otherwise expressly provided in this Agreement, the Executive must be employed by the Company at the time the Company is to the Revenue Bonus with respect to a particular fiscal year in order to be eligible for a Revenue Bonus for that year (and, if the Executive is not so employed at such time, in no event shall he have been considered to have “earned” any Revenue Bonus with respect to the fiscal year). Any Revenue Bonus earned by the Executive may, at the election of the Executive, be assigned by the Executive to another person or entity.
Revenue Bonus. Buyer shall pay an amount up to $2,000,000 to Xx. Xxxx, or his designee, as a bonus for revenue growth (“Revenue Bonus”) as follows:
