Sales Bonus Sample Clauses

Sales Bonus. Based on Fortnightly sales for the Store, cumulatively calculated as follows: Fortnightly Sales Payment of % of Fortnightly Sales $0 - $280,000 0.100% $280,000 - $465,000 0.075% $465,000 - $695,000 0.050% >$695,000 0.025% For example: Fortnightly sales of $400,000 would result in a payment of:

Sales Bonus. Commencing January 1, 1998, the Company shall pay the Employee a bonus equal to 1% of the consolidated sales of the Company and its Subsidiaries in excess of $30 million, provided that the PTP exceeds the PTP Threshold. For this purpose, sales shall only include resales of seismic data, oil and gas sales and any other recurring sales. The Company may, in its sole discretion, advance monthly to Employee any amounts which would otherwise be due to Employee under this paragraph (c) assuming that the PTP Threshold for such year is achieved.

Sales Bonus. In addition to the Base Salary, Executive shall be eligible to receive a monthly cash bonus (the “Sales Bonus”) in the amount of one percent (1%) of gross revenue from sales, due and payable on the 30th day of the succeeding month. Notwithstanding the foregoing, the initial Sales Bonus shall accrue and only be due and payable on the 30th day of the month after the Company achieves One Million Dollars ($1,000,000) per month in gross revenue from sales.

Sales Bonus. Company shall pay University one-time bonuses in the amount of [***] in the event that cumulative worldwide gross sales of Licensed Products by Company and its Affiliates and Sublicensees exceeds [***] and an additional [***] in the event that cumulative worldwide gross sales of Licensed Products by Company and its Affiliates and Sublicensees exceeds [***]. Such amount shall be due and payable within sixty (60) days after the conclusion of the Royalty Period in which such revenue milestone is achieved.

Sales Bonus. To the extent the amounts payable to AOL in any quarter that are applied to the Minimum Commitment exceed one AOL CONFIDENTIAL AND PROPRIETARY Final SUN CONFIDENTIAL AND PROPRIETARY CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ASTERISKS (*) DENOTE SUCH OMISSIONS. hundred twenty-five percent (125%) of the applicable Minimum Commitment for such quarter as set forth in Section 4.5, Sun shall, in addition to any other amounts payable by Sun to AOL, pay to AOL a bonus equal to*** of the amount by which such amounts payable to AOL exceed one hundred twenty-five percent (125%) of the applicable Minimum Commitment for such quarter.

Sales Bonus. The Company may pay Executive a sales bonus (the "Sales Bonus"). The Sales Bonus shall be as decided by the Board of Directors from time to time at its sole discrection.

Sales Bonus. Based on Fortnightly sales for the Store, cumulatively calculated as follows: Fortnightly Sales Payment of % of Fortnightly Sales $0 - $280,000 0.0660% $280,000 - $465,000 0.0440% $465,000 - $695,000 0.0330% >$695,000 0.0165% For example: Fortnightly sales of $400,000 would result in a payment of: (0.0660% x $280,000) + (0.0440% x $120,000) = $184.80+ $52.80 = $237.60 Fortnightly sales of $800,000 would result in a payment of: (0.0660%x$280,000) + (0.0440%x$185,000) + (0.0330%x$230,000) + (0.0165%x$105,000) = $184.80 + $81.40 + $75.90 + $17.33 = $359.43 Employees acknowledge that the method by which the Business Review Payment is calculated is subject to the complete discretion of ALDI. ALDI has the right at any time to vary the above formulas. Superannuation will be calculated in accordance with legislation and will include any Business Review Payment payable. Assistant Store Managers engaged to work an average of fewer than 50 hours per week will receive a pro rata Business Review Payment based on the proportion of hours worked to 50 hours. For example, an Employee engaged to work an average of 40 hours a week would receive 80% of the above calculation.

Sales Bonus. You will be eligible to earn up to 100% of your annual base salary (equivalent of USD $500,000.00 per annum in Canadian Dollars* (CAD)) as sales bonus per annum on achieving your performance goals. The performance goals for sales bonus payout will be set forth by your manager. The bonus payout is governed by the sales bonus policy in the Company. For the first year of your employment (from date of joining) with iGATE, 100% of bonus i.e., equivalent of $500,000.00 USD in CAD* is guaranteed as bonus against the overall eligibility of equivalent of $500,000.00 USD in CAD*. For the second year of your employment (from date of joining) with iGATE, 30% of bonus i.e. equivalent of $150,000.00 USD in CAD* is guaranteed as bonus against the overall eligibility (yearly sales bonus as applicable at the beginning of 13th month from date of joining). The payout cycle of these guaranteed bonuses will be as indicated below: a) Equivalent of $500,000.00 USD in CAD* will be paid upon completion of 12 months of employment with iGATE Patni. b) Equivalent of $150,000.00 USD in CAD* will be paid upon completion of 24 months of employment with iGATE Patni. c) Any sales bonus earned beyond the guaranteed sum will also be released on completion of 12 and 24 months respectively.

Sales Bonus. In addition to the salary, bonuses and other benefits set ----------- forth in the Subsidiary Employment Agreement, the Executive shall be entitled to the following: (a) If during the Term of Employment as that term is defined in the Subsidiary Employment Agreement, an IRR Event occurs as that term is defined in the Stockholders Agreement, the Executive, in recognition for his services, shall receive an amount equal to eight million dollars ($8,000,000.00), provided that the IRR Event recognizes an appreciation in the value of USS Holdings' Class A Common Stock such that the price at which USS Holdings' Class A Common Stock will be acquired will be at or in excess of one hundred (100) percent above the following target stock price in the year in which the IRR Event occurs: Year Price per Share ---- ----- --- ----- 2000 $84.77 2001 $109.91 2002 $132.22 2003 $152.83 2004 $171.66 2005 $191.72 If the IRR Event prices USS Holdings' Class A Stock at less than one hundred (100) percent above, but in excess of the above target stock price in the year in which the IRR Event occurs, the Executive shall receive an amount equal to the product of (i) the percent by which USS Holdings' Class A Common Stock price exceeds the above target stock price in the year in which the IRR Event occurs; and (ii) eight million dollars ($8,000,000.00). (b) The target stock price referred to in paragraph (a) above shall be adjusted if, at any time, the number of shares of Class A Common Stock outstanding is increased by a stock dividend payable in shares of Class A Common Stock or by a sub-division or split-up of shares of Class A Common Stock in a manner as determined in good faith by the Board of Directors of the Company so as to put the Executive in the same economic position as he was prior to such event. The target stock price referred to in paragraph (a) above should also be adjusted if, at any time, the Company engages in any capital reorganization, or any reclassification of the capital stock of the Company (other than a change in par value or from par value to no par value or from no par value to par value or as a result of a stock dividend or sub-division, split-up or combination of shares) or the consolidation or merger of the Company with or into another person (other than a consolidation or merger in which the Company is the continuing corporation and which does not result in any change in the Class A Common Stock) or of the sale or other disposition of all or substantiall...

Sales Bonus. If a majority of the shares of New Common Stock (as ----------- defined in the Plan) issued pursuant to the Plan are subsequently transferred to any Person other than an Affiliate of the original holder, or if more than 50% of the Company's assets (based on book value or fair market value as determined by the Board of Directors) is sold (a "Sale Event"), the Company shall pay a bonus (the "Sale Bonus") to Management as follows: (i) If the aggregate sale price is equal to or less than $15,000,000, the Sale Bonus amount shall be $600,000.