2020 Bonus definition

2020 Bonus means any bonus payable for 2020 which is required to be deferred into Target Shares to satisfy regulatory requirements;
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Examples of 2020 Bonus in a sentence

  • Payment of the 2020 Bonus and/or the Retention Bonus under this Section 2 will be made to you in a lump sum on the third business day following the date such release becomes effective and irrevocable.

  • Subject to your commencement of employment with the Company, the 2020 Bonus Payout, less standard payroll deductions and withholdings, shall be paid to you within thirty (30) days of the Company’s receipt of written notice that your current employer has approved bonus payouts for 2020 but has refused to pay out the full amount of your earned 2020 bonus in light of your resignation to join the Company.

  • The 2020 Bonus RSUs shall be granted under the Company’s then current long term equity incentive plan and the Company’s standard form of RSU agreement, in each case consistent with the text of this Agreement and Exhibit A.

  • The 2020 Bonus RSA when calculated shall vest immediately upon issuance.

  • Each Annual Bonus (and the Post-Closing 2020 Bonus), if any, shall be paid as soon as administratively feasible after the Board (or a committee thereof) certifies whether the applicable performance targets for the applicable Bonus Year (or 2020, for the Post-Closing 2020 Bonus) have been achieved, but in no event later than March 15 following the end of such Bonus Year (or, for the Post-Closing 2020 Bonus, no later than March 15, 2021).

  • The Compensation Committee may determine to have the 2020 Bonus, to the extent earned, paid in cash, an award of restricted stock units (“RSUs”) under the Company’s 2020 Equity Incentive Plan (or any successor equity compensation plan, the “Equity Plan”), an award of performance stock units (“PSUs”) under the Equity Plan, or any combination of cash, RSUs, and PSUs.

  • Except to the extent specifically provided under Section 7(f), no Annual Bonus (or Post-Closing 2020 Bonus), if any, nor any portion thereof, shall be payable unless Employee remains continuously employed by the Company from the Effective Date through the date on which such Annual Bonus (or, for the Post-Closing 2020 Bonus, the Post-Closing 2020 Bonus) is paid.

  • The 2020 Bonus actually earned shall be in such amount as determined by the Compensation Committee based upon performance and other factors in accordance with the Company’s compensation policies and procedures.

  • The term of this Agreement shall begin upon the closing of the Internalization (the “Effective Date”), and shall continue until the date the Company has paid the 2020 Cash Bonus and granted the 2020 Bonus RSU (each as defined in Section 2(b) below), which shall be no later than March 15, 2021 (the “Term End Date”), or until the termination of the Executive’s employment, if earlier.

  • Achieves CAHPS Patient Experience Scores at or above 50th percentile of the national target in all four out of five domains for three (3) consecutive quarters The 2020 Bonus award is one percent (1%) of total earnings as of December 31 for meeting one or both of the above criteria.

Related to 2020 Bonus

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.