Actual Bonus means the amount of Executive's incentive bonus compensation actually payable for a calendar year under an incentive compensation plan maintained by Employer; provided, however, that such amount shall in no event be less than the highest amount payable to Executive at any time during the Term.
Actual Bonus means the highest annual cash bonus payable to Executive with respect to any of the three years immediately preceding the Termination Year.
Actual Bonus means any Bonus actually paid or payable to an Eligible Employee (excluding any reduction in amount resulting from an adverse change to the assumptions (including the Employee’s Target Bonus) or calculation methodology for determining the amount of such Bonus made on or after a Change in Control).
Examples of Actual Bonus in a sentence
The Pro Rata Actual Bonus, if any, shall be paid to the Executive when annual bonuses are paid to other senior officers of the Company for such fiscal year.
Your Actual Bonus will be paid by the fifteenth day of the third month following your or the Company’s taxable year in which it is earned, whichever is later.
The Actual Bonus shall be subject to required deductions and withholdings.
To earn any Actual Bonus, you must be employed by the Company on the last day of the period to which such bonus relates and at the time bonuses are paid, except as otherwise provided herein.
To receive payment of any Actual Bonus, you must be employed by the Company on the last day of the period to which such bonus relates and at the time bonuses are paid, except as otherwise provided herein.
More Definitions of Actual Bonus
Actual Bonus means the percentage of the Executive’s annual base salary that is established with respect to the applicable year pursuant to the Company’s management incentive plan (or any successor incentive plan adopted by the Board) that the Executive would have earned assuming he continued his employment through the end of such applicable year and fully satisfied personal performance goals, if any.
Actual Bonus means the specific annual incentive award approved for Executive by the Board in the case of the Section 16 officers of the Company or approved by the Chief Executive Officer for non-Section 16 officers of the Company.
Actual Bonus means the highest annual cash bonus payable to the Executive in respect of any of the three years immediately preceding the Termination Year (except as otherwise calculated as provided in subsection (ii) of the definition of Good Reason, as set forth above). "Termination Year" shall mean the year in which the Executive's termination of employment occurs.
Actual Bonus for a year (defined as a 12 month period ending December 31, a "Year") shall mean the actual bonus amount calculated by reference to the applicable formula and annual maximum for the Year, plus that part of any excess from a different year that is used to pay all or part of a shortfall for the Year.
Actual Bonus means the amount payable under a Bonus Plan for any calendar year or portion thereof. Unless determined otherwise by the Employer, the Actual Bonus payable under the P4P Plan shall be based on (i) business results, (ii) Executive Leadership Group department performance and (iii) individual performance, in each case for the applicable time period.
Actual Bonus means, as to any Performance Period, the actual annual bonus (if any) payable to a Participant for the Performance Period pursuant to Section 4.3(a). Each Actual Bonus is determined by the Payout Formula for the Performance Period, subject to the Committee’s authority under Section 3.5 to eliminate or reduce the bonus otherwise determined by the Payout Formula.
Actual Bonus means the actual bonus payout (if any) made to a Participant for the applicable Performance Period, subject to the Administrator’s authority under Section 3(c) (Determination of Actual Bonus; Discretion to Modify Awards) to modify the amount of the payout.