Common use of SHORT-TERM AND LONG-TERM BONUS OPPORTUNITIES Clause in Contracts

SHORT-TERM AND LONG-TERM BONUS OPPORTUNITIES. During the Term of Employment, the Company shall provide you with annual short-term and long-term bonus opportunities equivalent to those available to other senior executives of the Company in your salary band. While you are not guaranteed an annual short-term or long-term bonus award in any amount, (a) the value of your annual short-term bonus opportunity shall be not less than 75 percent of your then-current base salary, and (b) the value of your annual long-term bonus opportunity shall not be less than 425 percent of your then-current base salary.

Appears in 6 contracts

Samples: Special Retention Account Program (Verizon Communications Inc), Verizon Communications Inc, Verizon Communications Inc

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SHORT-TERM AND LONG-TERM BONUS OPPORTUNITIES. During the Term of Employment, the Company shall provide you with annual short-term and long-term bonus opportunities equivalent to those available to other senior executives of the Company in your salary band. While you are not guaranteed an Your annual short-term or bonus opportunity shall be prorated for the year 2000 to reflect the six-month duration of the Agreement during 2000, and your annual long-term bonus award opportunity shall become effective beginning in any amount, (a) the 2001. The value of your annual short-term bonus opportunity shall not be not less than 75 percent of your then-current base salary, and (b) the . The value of your annual long-term bonus opportunity shall not be less than 425 percent of your then-current base salary.

Appears in 2 contracts

Samples: Grant Stock Option Agreement (Verizon Communications Inc), Stock Option Agreement (Verizon Communications Inc)

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SHORT-TERM AND LONG-TERM BONUS OPPORTUNITIES. During the Term of Employment, the Company shall provide you with annual short-term and long-term bonus opportunities equivalent to those available to other senior Xx. Xxxxxxxxx X. Harless July 1, 2002 executives of the Company in your salary band. While you are not guaranteed an annual short-term or long-term bonus award in any amount, (a) the value of your annual short-term bonus opportunity shall be not less than 75 percent of your then-current base salary, and (b) the value of your annual long-term bonus opportunity shall not be less than 425 percent of your then-current base salary.

Appears in 1 contract

Samples: Idearc Inc.

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