Aggregate Bonus Pool definition

Aggregate Bonus Pool means, with respect to any Fiscal Year, an amount equal to one and one-half percent (1.5%) of the Income Before Income Taxes.
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Aggregate Bonus Pool means with respect to any Fiscal Year (as defined below) an amount equal to twenty percent (20%) of the Positive Change in Operating Profit (Loss) (as such terms are defined below), if any.
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Aggregate Bonus Pool means with respect to any Fiscal Year an amount equal to one and three-tenths percent (1.3%) of the Income Before Income Taxes.
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Examples of Aggregate Bonus Pool in a sentence

  • The Aggregate Bonus Pool shall be awarded to Employee in accordance with the Corporation meeting certain revenue projections (the “Revenue Target”) and certain profit and loss projections (the “P/L Target”) as set forth by the Board of Directors in the approved budget for the Company and incorporated by the Compensation Committee for the purposes hereof (the “Budgeted Targets”).

  • Target 2 - $20,000 Eligible Bonus Payment If the Corporation exceeds both the Revenue Target and the P/L Target by more than 10% over the Budgeted Targets, then the Compensation Committee in its sole discretion shall award any portion of the remaining Aggregate Bonus Pool (which is equal to $20,000) to Employee.

  • If the Corporation fails to achieve at least 90% of either the Revenue Target or the P/L Target, the Compensation Committee shall in its sole discretion determine if any bonus compensation and what amount from the Aggregate Bonus Pool shall be paid to Employee.


More Definitions of Aggregate Bonus Pool

Aggregate Bonus Pool means with respect to any Fiscal Year (as defined below) an amount equal to twenty percent (20%) of the Positive Change in Operating Profit (Loss) (as such terms are defined below), if any, minus the aggregate amount payable pursuant to the Executive Officers Plan (as defined below) in respect of such Fiscal Year.
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Aggregate Bonus Pool means, with respect to each Business Line, the aggregate amount of bonuses available for distribution in any Fiscal Quarter pursuant to Section 5.
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Aggregate Bonus Pool means, as of any date, the lesser of (i) 5% of the Common Stock Value Increase or (ii) the quotient of (x) the sum of (A) the Annual Bonus Pool for each full fiscal year ending after January 1, 2004 for which the Company’s financial statements are then available, if any, plus (B) the Stub Period Bonus Pool, if any, divided by (y) the number of fiscal years (including the fraction of a fiscal year constituting the Stub Period) for which a Bonus Pool is included in (A) or (B) above.
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