Targeted Incentive Bonus. Section 4(a) of the Employment Agreement is hereby modified by providing that the targeted Incentive Bonus for the Term shall be fifty percent (50%) to one hundred fifty percent (150%) of Base Salary. No other modification is made to Section 4(a).
Targeted Incentive Bonus. The Executive is eligible to earn, in addition to the Base Salary and subject to the terms hereof and at the full discretion of the Chief Executive Officer, a targeted incentive bonus of thirty-five percent (35%) of Base Salary) (increasing to forty percent (40%) of Base Salary effective upon the IPO), subject to all applicable withholdings and deductions (the “Targeted Incentive Bonus”). Whether Executive earns a Targeted Incentive Bonus award shall be determined by the Company’s Chief Executive Officer in its discretion, based on the Executive’s and the Company’s performance against “goals” during the applicable fiscal year. The Targeted Incentive Bonus performance goals will be set by the Chief Executive Officer in conjunction with the Company’s Board of Directors or its authorized committee (in either case, the “Board”) at the beginning of each fiscal year. Subject to the terms of this Agreement, the Executive will not earn any bonus if Executive’s employment terminates for any reason before the end of the fiscal year. Any Targeted Incentive Bonus, if earned, shall be payable no earlier than the first payroll period in the new fiscal year, but in no event later than the end of the first quarter following the applicable fiscal year.
Targeted Incentive Bonus. For the 2024 fiscal year and each fiscal year thereafter, the Executive is eligible to earn, in addition to the Base Salary and subject to the terms hereof and in the sole discretion of the Board, a targeted incentive bonus of up to 100% of Base Salary, subject to all applicable withholdings and deductions (the “Targeted Incentive Bonus”), provided that, regardless of whether or not the relevant performance criteria are attained, the Executive shall receive a bonus payment that is no less than 50% of Base Salary. Whether the Executive earns a Targeted Incentive Bonus award shall be determined by the Board in its sole discretion, based on the COMPANY SENSITIVE & CONFIDENTIAL achievement of the Executive’s and the Company’s performance against “goals” during the applicable fiscal year. The Targeted Incentive Bonus performance goals will be set by the Board at the beginning of each fiscal year. The Executive must remain an active employee through the date of payment to earn any Targeted Incentive Bonus, provided, however, that if the Company terminates the Executive’s employment without Cause or if the Executive resigns for Good Reason, the Executive shall receive any earned but unpaid Targeted Incentive Bonus regardless of the fact that the Executive is not an active employee as of the payment date of the Targeted Incentive Bonus, subject to the Executive delivering an effective Release in accordance with Section 3(b). Any Targeted Incentive Bonus, if earned, shall be payable no earlier than the first payroll period in the new fiscal year, but in no event later than the first quarter following the applicable fiscal year.
Targeted Incentive Bonus. Synaptics shall pay to Long 100% of the FY 2013 First half of his annual targeted incentive bonus in the amount of Eighty-seven Thousand Seven Hundred Fifty and 00/100 Dollars ($87,750.00), less applicable withholdings, in a single lump sum payment on Synaptics’s next regularly scheduled pay date after the Termination Date.
Targeted Incentive Bonus. Synaptics shall pay to Xxxxxxx 50% of his annual targeted incentive bonus in the amount of Two Hundred Thirty-seven Thousand Five Hundred Dollars ($237,500), less applicable deductions and withholdings, on April 11, 2011, and 50% of his annual targeted incentive bonus in the amount of Two Hundred Thirty-seven Thousand Five Hundred Dollars ($237,500), less applicable deductions and withholdings, in October 2011.
Targeted Incentive Bonus. The Executive is eligible to earn, in addition to the Base Salary and subject to the terms hereof and at the full discretion of the Chief Executive Officer, a targeted incentive bonus of forty percent (40%) of Base Salary, subject to all applicable withholdings and deductions (the “Targeted Incentive Bonus”). Whether Executive earns a Targeted Incentive Bonus award shall be determined by the Chief Executive Officer in its discretion, based on the Executive’s and the Company’s performance against “goals” during the applicable fiscal year. The Targeted Incentive Bonus performance goals will be set by the Chief Executive Officer in conjunction with the Company’s Board of Directors or its authorized committee (in either case, the “Board”) at the beginning of each fiscal year. Subject to the terms of this Agreement, the Executive will not earn any bonus if Executive’s employment terminates for any reason before the end of the fiscal year. For 2018, Executive’s Target Incentive Bonus shall be pro-rated based on the number of days during which Executive is employed with the Company through December 31, 2018; otherwise, no prorated bonus can be earned. Any Targeted Incentive Bonus, if earned, shall be payable no earlier than the first payroll period in the new fiscal year, but in no event later than the end of the first quarter following the applicable fiscal year.
Targeted Incentive Bonus. The Executive is eligible to earn, in addition to the Base Salary and subject to the terms hereof and at the full discretion of the Chief Executive Officer, a targeted incentive bonus of thirty-five percent (35%) of Base Salary), subject to all applicable withholdings and deductions (the “Targeted Incentive Bonus”). Whether Executive earns a Targeted Incentive Bonus award shall be determined by the Company’s Chief Executive Officer in its discretion, based on the Executive’s and the Company’s performance against “goals” during the applicable fiscal year. The Targeted Incentive Bonus performance goals will be set by the Chief Executive Officer in conjunction with the Company’s Board of Directors or its authorized committee (in either case, the “Board”) at the beginning of each fiscal year. Subject to the terms of this Agreement, the Executive will not earn any bonus if Executive’s employment terminates for any reason before the end of the fiscal year. Any Targeted Incentive Bonus, if earned, shall be payable no earlier than the first payroll period in the new fiscal year, but in no event later than the end of the first quarter following the applicable fiscal year.
Targeted Incentive Bonus. The Executive is eligible to earn, in addition to the Base Salary and subject to the terms hereof and at the full discretion of the Chief Executive Officer, a targeted incentive bonus of up to thirty percent (30%) of Base Salary, subject to all applicable withholdings and deductions (the “Targeted Incentive Bonus”). Whether Executive earns a Targeted Incentive Bonus award shall be determined by the Chief Executive Officer in its discretion, based on the Executive’s and the Company’s performance against “goals” during the applicable fiscal year. The Targeted Incentive Bonus performance Goals will be set by the Chief Executive Officer at beginning of each fiscal year. The Executive must remain an active employee through the end of the fiscal year in order to earn any Targeted Incentive Bonus. The Executive will not earn any bonus if Executive’s employment terminates for any reason before the end of the fiscal year. No prorated bonus can be earned. Any Targeted Incentive Bonus, if earned, shall be payable no earlier than the first payroll period in the new fiscal year, but in no event later than the first quarter following the applicable fiscal year.
