SUPPLEMENTAL BONUSES Sample Clauses

SUPPLEMENTAL BONUSES. In connection with and as consideration for their cessation of participation in Continental's benefit programs in general and as contemplated herein, Continental shall reimburse Holdings for amounts paid as supplemental bonuses to its officers under their respective employment agreements entered into in connection with the IPO.
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SUPPLEMENTAL BONUSES. The Employee shall also receive from the Employer on a non-discretionary basis the following supplemental bonuses (the "Supplemental Bonuses"):
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SUPPLEMENTAL BONUSES. If the sum of (i) Executive's base salary, -------------------- (ii) Executive's bonus pursuant to Section 2.2 of this Agreement and (iii) the Spread (as defined below) on the portion of Executive's Option which has vested as of February 19, 2000 in accordance with the schedule set forth in Section 2.3 of this Agreement (items (i), (ii) and (iii) collectively, the "FIRST YEAR COMPENSATION PACKAGE") is less than $900,000 at all times during the period beginning on February 19, 2000 and ending April 15, 2000 (the "FIRST MEASUREMENT PERIOD"), the Company shall pay Executive at the end of the First Measurement Period a cash bonus equal to the difference between the highest value of the First Year Compensation Package during the First Measurement Period and $900,000 (the "FIRST SUPPLEMENTAL BONUS"), provided Executive is employed by the Company on the last day of the First Measurement Period. Notwithstanding the foregoing, if at any time during the period beginning on April 15, 2000 and ending December 31, 2000 (the "ADJUSTMENT PERIOD"), (i) the value of Executive's First Year Compensation Package exceeds its highest value during the First Measurement Period and (ii) Executive has not sold the stock subject to the portion of his Option which had vested as of February 19, 2000, then an amount equal to the difference between (i) the highest value of the First Year Compensation Package during the Adjustment Period and (ii) the highest value of the First Year Compensation Package during the First Measurement period shall be deducted from Executive's bonus for fiscal year 2001, provided that such deduction shall in no event exceed the amount of the First Supplemental Bonus. For purposes of this Section 2.4, the term "SPREAD" shall mean the difference between the exercise price of Executive's Option and the fair market value (as defined in the 1999 Equity Incentive Plan) of the Company's Common Stock on the date of determination. If the sum of (i) Executive's salary, (ii) Executive's bonus pursuant to Section 2.2 of this Agreement and (iii) the Spread on the portion of Executive's Option which has vested after February 19, 2000 in accordance with the Schedule set forth in Section 2.3 of this Agreement (items (i), (ii) and (iii) collectively, the "SECOND YEAR COMPENSATION PACKAGE") is less than $900,000 at all times during the period beginning February 19, 2000 and ending February 18, 2001 (the "SECOND MEASUREMENT PERIOD"), the Company shall pay Executive on or before...
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SUPPLEMENTAL BONUSES. (i) Provided that Executive remains employed by the Company through October 31, 2018, Executive shall receive a supplemental bonus equal to $150,000.00 (the “First Supplemental Bonus”), less normal withholdings, with such First Supplemental Bonus to be paid on the Company’s next regularly-scheduled payroll date following October 31, 2018.
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Related to SUPPLEMENTAL BONUSES

  • Annual Bonuses For each fiscal year during the term of employment, the Executive shall be eligible to receive a bonus in the amount, if any, as may be determined from time to time by the Board in its discretion.

  • Cash Bonuses The Chief Executive Officer shall determine the Executive’s right to receive cash bonuses. Cash bonuses shall be awarded annually based upon the Executive’s and the Company’s annual performance pursuant to the Company’s policy. 5.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Cash 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 initial target annual cash incentive compensation shall be 40 percent of the Executive’s Base Salary. Except as otherwise provided herein, to earn cash incentive compensation, the Executive must be employed by the Company on the day such cash incentive compensation is paid.

  • Bonuses and Incentive Compensation During the Employment Term, the Executive shall have opportunities for bonuses and shall have opportunities for incentive compensation comparable to those provided to other senior executives of the Company and shall be eligible to participate in all bonus and incentive compensation plans made available by the Company, from time to time, for its senior executives.

  • 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.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Incentive Compensation Plans The occurrence of any of the following: (i) a material reduction by the Corporation in the Executive’s (A) annual incentive compensation target or maximum opportunity, or (B) long-term incentive compensation target or maximum opportunity (measured based on grant date fair value of any equity-based awards), in each case, as in effect immediately prior to the Change in Control, or (ii) a change in the performance conditions, vesting, or other material terms and conditions applicable to annual and/or long-term incentive compensation awards granted to Executive after the Change in Control which would have the effect of materially reducing the Executive’s aggregate potential incentive compensation from the level in effect immediately prior to the Change in Control; or

  • Incentive Bonuses The Employee shall be eligible to be considered for an annual incentive bonus with a target amount equal to 50% of his Base Compensation. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Company's Board of Directors (the "Board") or its Compensation Committee. The determinations of the Board or such Committee with respect to such bonus shall be final and binding.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

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