Common use of Special Bonus Clause in Contracts

Special Bonus. Optionee shall become entitled to receive a cash bonus from the Company (the “Special Bonus”) in the gross dollar amount indicated as his or her Total Special Bonus on attached Schedule I. Payment shall be made on the Company’s first regularly scheduled payroll date after January 1, 2008, which is scheduled to be January 10, 2008. However, the Special Bonus shall be subject to the Company’s collection of all applicable federal, state and local income and employment withholding taxes, and Optionee shall be paid only the net amount of such bonus remaining after such taxes have been collected. Optionee need not remain in the Company’s employ to receive the Special Bonus.

Appears in 2 contracts

Samples: Stock Option Amendment and Special Bonus Agreement (Kla Tencor Corp), Stock Option Amendment and Special Bonus Agreement (Kla Tencor Corp)

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Special Bonus. Optionee shall become entitled to receive a cash bonus from the Company (the “Special Bonus”) in the gross dollar amount indicated as his or her Total Special Bonus on attached Schedule I. Payment shall be made on the Company’s first regularly scheduled payroll date after in January 1, 2008, which is scheduled to be January 10, 20082009. However, the The Special Bonus shall be subject to the Company’s collection of all applicable federal, state and local income and employment withholding taxes, and Optionee shall be paid only the net amount of such bonus remaining after such taxes have been collected. Optionee need not remain in the Company’s employ to receive the Special Bonus.

Appears in 1 contract

Samples: Stock Option Amendment and Special Bonus Agreement (Lam Research Corp)

Special Bonus. Optionee shall become entitled to receive a cash bonus from the Company (the “Special Bonus”) in the gross dollar amount indicated as his or her Total Special Bonus on attached Schedule I. Payment shall be made on the Company’s first regularly scheduled payroll date after January 115, 2008, which is scheduled to be or as soon as practicable thereafter, but in no event later than January 1031, 2008. However, the Special Bonus shall be subject to the Company’s collection of all applicable federal, state and local income and employment withholding taxes, and Optionee shall be paid only the net amount of such bonus remaining after such taxes have been collected. Optionee need not remain in the Company’s employ to receive the Special Bonus.

Appears in 1 contract

Samples: Stock Option Amendment and Special Bonus Agreement (Kla Tencor Corp)

Special Bonus. Optionee shall become entitled to receive a cash bonus from the Company (the “Special Bonus”) in the gross dollar amount indicated as his or her Total Special Bonus on attached Schedule I. Payment shall be made on the Company’s first regularly regularly-scheduled payroll date after January 1, 2008, which is scheduled to will not be later than January 1015, 2008. However, the Special Bonus shall be subject to the Company’s collection of all applicable federal, state and local income and employment withholding taxes, and Optionee shall be paid only the net amount of such bonus remaining after such taxes have been collected. Optionee need not remain in the Company’s employ to receive the Special Bonus.

Appears in 1 contract

Samples: Stock Option Amendment and Special Bonus Agreement (Apollo Group Inc)

Special Bonus. The Optionee shall become is entitled to receive a cash bonus from the Company (the “Special Bonus”) in the gross dollar amount indicated as his or her the Total Special Bonus on attached Schedule I. Payment shall be made on the Company’s first regularly scheduled payroll date I, payable after January 1, 2008, which is scheduled to be 2008 and on or before the Company’s second regular payday in January 10, 2008. However, the Special Bonus shall be subject to the Company’s collection of all applicable federal, state and local income and employment withholding taxes, and the Optionee shall be paid only the net amount of such bonus remaining after such taxes have been collected. Optionee need not remain in the Company’s employ to receive the Special Bonuswithheld.

Appears in 1 contract

Samples: Stock Option Amendment and Special Bonus Agreement (Kla Tencor Corp)

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Special Bonus. Optionee shall become entitled to receive a cash bonus from the Company (the “Special Bonus”) in the gross dollar amount indicated as his or her Total Special Bonus on attached Schedule I. Payment shall be made on the Company’s first regularly scheduled payroll date after January 1, 2008, which is scheduled to be January 102, 2008. However, the Special Bonus shall be subject to the Company’s collection of all applicable federal, state and local income and employment withholding taxes, and Optionee shall be paid only the net amount of such bonus remaining after such taxes have been collected. Optionee need not remain in the Company’s employ to receive the Special Bonus.

Appears in 1 contract

Samples: Stock Option Amendment and Special Bonus Agreement (Kla Tencor Corp)

Special Bonus. Optionee shall become entitled to receive a cash bonus from the Company (the “Special Bonus”) in the gross dollar amount indicated as his or her Total Special Bonus on attached Schedule I. Payment shall be made on the Company’s first regularly scheduled payroll date after January 1, 2008, which is scheduled to be January 1015, 2008. However, the Special Bonus shall be subject to the Company’s collection of all applicable federalFederal, state and local income and employment withholding taxes, as well as all applicable foreign taxes and payments required to be withheld with respect to such payment, and Optionee shall be paid only the net amount of such bonus remaining after such taxes have been collected. Optionee need not remain in the Company’s employ to receive the Special Bonus.

Appears in 1 contract

Samples: Stock Option Amendment and Special Bonus Agreement (Blue Coat Systems Inc)

Special Bonus. Optionee shall become entitled to receive a cash bonus from the Company (the “Special Bonus”) in the gross dollar amount indicated as his or her Total Special Bonus on attached Schedule I. Payment shall be made on the Company’s first regularly regularly-scheduled payroll date after January 1, 2008, which is scheduled to be January 10, 2008. However, the Special Bonus shall be subject to the Company’s collection of all applicable federal, state and local income and employment withholding taxes, and Optionee shall be paid only the net amount of such bonus remaining after such taxes have been collected. Optionee need not remain in the Company’s employ to receive the Special Bonus.

Appears in 1 contract

Samples: Stock Option Amendment and Special Bonus Agreement (Kla Tencor Corp)

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