Total Cash Compensation Sample Clauses

Total Cash Compensation. The Company will pay Consultant the compensation set forth in Exhibit A for the performance of services set forth therein.
Sample 1
AutoNDA by SimpleDocs
Total Cash Compensation. During the period of the Officer's employment under this Agreement, the Companies shall pay to the Officer a Base Salary of not less than $ per annum and, if established by the SJI Board of Directors, a performance based annual cash award, the two components being defined as Total Cash Compensation. Base Salary shall be paid in either twenty-four (24) or twenty- six (26) equal installments. The amount of Total Cash Compensation shall be reviewed annually in accordance with the normal business practices of the Companies.
Sample 1
Total Cash Compensation. For each period ending on the last day of Employer’s standard bonus period, currently ending on the last day of each February in respect of the prior calendar year, (a “Bonus Period”) through the last day of Employer’s standard bonus period ending in respect of calendar year 2025, during which Employee is employed by Employer under this Agreement, Employee shall be entitled to receive total cash compensation, comprised of Base Salary, Annual Cash Bonus (as defined below) and Distributions (as defined below) (“Total Cash Compensation”) equal to the following: Bonus Period in Respect of Calendar Year Total Cash Compensation 2023 $4,500,000 2024 $5,000,000 2025 $6,000,000 The apportionment of Total Cash Compensation among Base Salary, Annual Cash Bonus, and Distributions shall be determined by Employer (in consultation with Holdings (as defined below)). In the event of a Bonus Period that extends either for more than or fewer than 12 months, the Total Cash Compensation for the relevant Bonus Period shall be adjusted accordingly on a pro rata basis.
Sample 1
Total Cash Compensation. As of the Effective Date, the Executive will be paid an annual base salary equal to $300,000 (the “Base Salary”). The Base Salary will be paid periodically in accordance with the Company’s normal payroll practices and be subject to the usual, required withholdings. In addition, the Executive will receive a bonus of up to 100% of Base Salary upon achievement of milestones mutually agreed with the Compensation Committee, which will be paid quarterly.
Sample 1
Total Cash Compensation. Officer's total compensation ("Total Cash Compensation"), which shall include Base Compensation, Variable Compensation and Bonus Compensation, shall not exceed Three Hundred Thousand Dollars ($300,000.00) per year unless, upon recommendation of Management, the Board and Officer agree to amend this Agreement. Any amendment, to be effective, must be in writing.
Sample 1

Related to Total Cash Compensation

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Total Compensation The compensation to be paid to Employee under this Agreement shall be in full payment for all services rendered by Employee in any capacity to the Company or any affiliate of the Company.

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Incentive Bonus Compensation The Executive shall be eligible for incentive bonus compensation for each Fiscal Year in an amount to be determined by the Board of Directors or any committee thereof ("INCENTIVE BONUS COMPENSATION").

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • 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”):

  • Annual Cash Incentive Executive shall be eligible to participate in the Company’s management cash incentive plan and any successor annual cash plans. Executive shall have the opportunity to earn an annual target cash incentive, measured against performance criteria to be determined by the Company’s Board (or a committee thereof) having a target value of not less than 70% of Base Salary.

  • Incentive and Bonus Compensation The Executive shall be eligible to participate in the Company’s existing and future bonus and stock option plans and other incentive compensation programs for similarly situated executives (collectively, “Plans”), to the extent that the Executive is qualified to participate in any such Plan under the generally applicable provisions thereof in effect from time to time. Such eligibility is not a guarantee of participation in or of the receipt of any award, payment or other compensation under any Plan. To the extent the Executive does participate in a Plan and the Plan does not expressly provide otherwise, the Chief Executive Officer and/or the Board, as appropriate, may determine all terms of participation (including, without limitation, the type and size of any award, payment or other compensation and the timing and conditions of receipt thereof by the Executive) in the Chief Executive Officer’s or the Board’s sole and absolute discretion. Nothing herein shall be deemed to prohibit the Company or the Board from amending or terminating any and all Plans in its sole and absolute discretion. Except as otherwise provided herein, the terms of each Plan shall govern the Executive’s rights and obligations thereunder during the Executive’s employment and upon the termination thereof. Without limiting the generality of the foregoing, the definition of “Cause” hereunder shall not supersede the definition of “cause” in any Plan (unless the Plan expressly defers to the definition of “cause” under an executive’s employment agreement) and any rights of the Executive hereunder upon and subsequent to the termination of the Executive’s employment shall be in addition to, and not in lieu of, any right of the Executive under any Plan then in effect upon or subsequent to a termination of employment.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!