Common use of Unpaid Prior Year Annual Incentive Bonus Clause in Contracts

Unpaid Prior Year Annual Incentive Bonus. The Company will pay Executive any unpaid Annual Incentive Bonus for the calendar year ending prior to the Termination Date. This amount will be payable to Executive (assuming the applicable performance goals were achieved) in a lump sum on or before the later to occur of (i) the date such annual bonuses are paid to executives who have continued employment with the Company, or (ii) the date that is 60 days following the Termination Date (or, if earlier, March 15th of the calendar year following the calendar year in which the Termination Date occurs).

Appears in 6 contracts

Samples: Executive Employment Agreement (Berry Corp (Bry)), Executive Employment Agreement (Berry Corp (Bry)), Executive Employment Agreement (Berry Corp (Bry))

AutoNDA by SimpleDocs

Unpaid Prior Year Annual Incentive Bonus. The Company will pay Executive any unpaid Annual Incentive Bonus for the calendar year ending prior to the Termination Date. This , which amount will be payable to Executive (assuming the applicable performance goals were achieved) in a lump sum on or before the later to occur of (i) the date such annual bonuses are paid to executives who have continued employment with the Company, or Company (iibut in no event earlier than sixty (60) the date that is 60 days following the Date of Termination Date (or, if earlier, March 15th of the calendar year following the calendar year in which ending prior to the Termination Date occursDate).

Appears in 5 contracts

Samples: Executive Employment Agreement (Berry Corp (Bry)), Executive Employment Agreement (Berry Corp (Bry)), Executive Employment Agreement (Berry Petroleum Corp)

Unpaid Prior Year Annual Incentive Bonus. The Company will pay Executive any earned but unpaid Annual Incentive Bonus for the calendar year ending prior to the Termination Date. This , which amount will be payable to Executive (assuming the applicable performance goals were achieved) in a lump lump-sum on or before the later to occur of (i) the date such annual bonuses are paid to executives Executives who have continued employment with the Company, or Company (iibut in no event earlier than sixty (60) the date that is 60 days following the Date of Termination Date (or, if earlier, nor later than March 15th of the calendar year following the calendar year in which ending prior to the Termination Date occursDate).

Appears in 2 contracts

Samples: Executive Employment Agreement (Berry Petroleum Corp), Executive Employment Agreement (Berry Petroleum Corp)

AutoNDA by SimpleDocs

Unpaid Prior Year Annual Incentive Bonus. The Company will pay Executive any unpaid Annual Incentive Bonus for the calendar year ending prior to the Termination Date. This amount will be payable to Executive (assuming the applicable performance goals were achieved) in a lump sum on or before the later to occur of (i) the date such annual bonuses are paid to executives who have continued employment with the Company, or (ii) the date that is 60 sixty (60) days following the Date of Termination Date (or, if earlier, March 15th of the calendar year following the calendar year in which the Termination Date occurs).

Appears in 1 contract

Samples: Executive Employment Agreement (Berry Corp (Bry))

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