Additional Bonus has the meaning given to it in paragraph 6.1 in Schedule IV;
Additional Bonus. An additional bonus, to be determined by IHS, will be paid if Rotech exceeds the net income target.
Additional Bonus shall have the meaning set forth in Section 2(b) hereof.
Examples of Additional Bonus in a sentence
Employee shall also be entitled to receive payment of the Additional Bonus to the extent and in the manner set forth in the Company's Cash Bonus Plan.
In addition, the Company shall pay to the Executive severance and the Additional Bonus Payment and provide all benefits and grants in accordance with the provisions of Section 6.4(b).
Additional Bonus Bucks will be loaded depending on the amount you select.The more you add, the higher the amount of Bonus Bucks added! Funds can also be added to a student’s account either in the mailroom (cash or checks accepted) or at the Business Office (cash or checks accepted) Monday through Friday from 9am to 4pm.
In deciding whether the Executive should be awarded an Additional Bonus, and if so, the amount of any Additional Bonus, and in deciding the Three Performance Targets for each Bank Year, the Board of Directors shall exercise its discretion reasonably and in good faith.
On the six (6) month anniversary of the Termination Date, Executive shall receive an amount equal to (i) eighteen (18) months of the Executive’s monthly Base Salary at the Termination Date, less the amount of monthly disability pay benefits to which Executive will be entitled over the eighteen (18) month period immediately following the six month anniversary of the Termination Date and (ii) three-quarters (3/4) of the Additional Bonus Payment.
More Definitions of Additional Bonus
Additional Bonus means an amount equal to (i) 62.5% of Base Salary if the Date of Termination occurs within the first two calendar years following the Effective Date and (ii) 100% of Base Salary if the Date of Termination is at any time thereafter.
Additional Bonus. While you are in the employ of the Company, you will be such additional bonus awards as determined from time to time by the Company's Board of Directors. Additional While you are in the employ of the Company, you will be Options: granted such additional stock option awards as determined from time to time by the Company's Board of Directors.
Additional Bonus means either (A) or (B) in the following sentence, whichever has the greatest value as of the date Executive becomes entitled to an Additional Bonus (i.e., termination of employment other than for Cause or for Good Reasons or the fifth anniversary of the Effective Date). For purposes of the preceding sentence (A) shall mean (x) $200,000 multiplied by the number of Executive’s complete years of employment with the Company (such years to be determined based on anniversaries of the Effective Date), less (y) any amounts received under the FIF HE Holdings LLC Senior Management Compensation Plan, and (B) shall mean continued participation in the FIF HE Holdings LLC Senior Management Compensation Plan. If Executive receives the bonus described in clause (A) of the preceding sentence, then (I) Executive shall cease to participate in the FIF HE Holdings LLC Senior Management Compensation Plan effective as of the fifth anniversary of the Effective Date or the date on which Executive’s employment is terminated by the Company other than for Cause or by Executive for Good Reason, as applicable, and (II) such amount will be paid to Executive as soon as practicable after Executive becomes entitled to such amount, but in no event later than two (2) months after the end of the fiscal year in which Executive becomes entitled to such amount. For purposes of determining whether clause (A) or clause (B) of the third sentence of this paragraph has a greater value, the value of clause (B) will be determined in good faith by the Managing Member as of the applicable date. For purposes of determining the value of clause (B), the Managing Member will assume that the Company is sold as of the applicable date for a price that takes into account the present value of future cash flows (considering appropriate discount rates and terminal values) of the Company as well as customary pricing metrics for comparable companies such as the book value of the assets of the Company. Managing Member will disclose to Executive the methodology, values and assumptions used to determine the value of clause (B).
Additional Bonus means, with respect to a Closing Cash Bonus Participant, a non-transferable contingent right to an amount in cash equal to the product obtained by multiplying (i) any cash amount required to be delivered from the Escrow Amount to the Rights Holders and the Closing Cash Bonus Participants pursuant to Section 4.03, by (ii) a fraction, the numerator of which is such Closing Cash Bonus Participant’s applicable amount of Closing Cash Bonus Payment Escrow Amount Per Person and the denominator of which is the Escrow Deposit.
Additional Bonus means the bonus described in Section 4.1(b).
Additional Bonus shall have the meaning set forth in Section 2(b)(iii).
Additional Bonus means an amount equal to (i) 62.5% of Base Salary if the Date of Termination occurs within the first two calendar years following the Effective Date and (ii) 100% of Base Salary if the Date of Termination is at any time thereafter. (b) Cause; Other than for Good Reason. If the Executive’s employment shall be terminated for Cause or if the Executive terminates his employment without Good Reason during the Employment Term, this Agreement shall terminate without further obligations to the Executive other than the obligation to pay or provide to the Executive an amount equal to the amount set forth in clauses (1), (2), and (except in the event of a termination by the Company for Cause) (3) and (4) of Section 4(a)(i)(A) above. (c) Death. If the Executive’s employment is terminated by reason of the Executive’s death during the Employment Term, this Agreement shall terminate without further obligations to the Executive’s legal representatives under this Agreement, other than: (i) the obligation to pay or provide to the Executive’s beneficiaries the Accrued Obligations, and (ii) the vesting of Equity Awards as provided in subsection (e) below. (d) Disability. If the Executive’s employment is terminated by reason of the Executive’s Disability during the Employment Term, this Agreement shall terminate without further obligations to the Executive, other than: (i) the obligation to pay or provide to the Executive the Accrued Obligations, and (ii) the vesting of Equity Awards as provided in subsection (e) below. (e) Vesting of Equity on Death or Disability. With respect to Executive’s Equity Awards, if the Executive’s employment is terminated by reason of death or Disability, such awards shall vest as provided in the first sentence of Section 4(a)(iii) above, provided that any stock options or stock appreciation rights shall become fullyDRAFT exercisable and shall remain exercisable for a period of 12 months after such termination (or until the earlier original expiration date of such options or stock appreciation rights). 5. Section 280G.