Annual Bonus definition

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

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Annual Bonus shall have the meaning set forth in Section 3(b).

Annual Bonus means the annual bonus that may be paid to the Executive in accordance with the Company’s annual bonus program as described in Section 5.3.

Examples of Annual Bonus in a sentence

• Any Annual Bonus shall be paid after the end of the fiscal year to which it relates, at the same time and under the same terms and conditions as the bonuses are paid to other executives of the Company; provided, that, in no event shall the Executive’s Annual Bonus be paid later than two and a half months after the last day of the fiscal year to which the Annual Bonus relates.

• Executive’s target bonus shall be $2,350,000 (the “Target Bonus”), and the Target Bonus may be increased by the Compensation Committee in its discretion but, once increased, may not be decreased (with any such increased Target Bonus considered thereafter the Target Bonus for all purposes of this Agreement), and the actual earned Annual Bonus may range from 0 to 150% of the Target Bonus based on the Compensation Committee’s evaluation of the Company’s and Executive’s performance versus the goals.

• If the Executive’s employment terminates on account of Disability, the Executive shall be entitled to receive any Accrued Obligations and if the Executive executes and does not revoke the Release, an amount equal to the Target Annual Bonus, prorated for the portion of the performance period that the Executive was employed prior to such termination for Disability; provided, that such termination occurs six months or more into the applicable performance period.

• Such earned Annual Bonus for any calendar year shall be paid in cash no later than March 15 of the following calendar year.

• The target amount of the Executive’s Annual Bonus for any calendar year during the Term is 40% of the Executive’s annual Base Salary (the “Target Annual Bonus”).

More Definitions of Annual Bonus

Annual Bonus means the target annual cash bonus the Executive is eligible to earn (assuming one hundred percent (100%) fulfillment of all elements of the formula under which such bonus would have been calculated) for the year in which the Termination Date occurs.

Annual Bonus as defined in Section 2.4(b).

Annual Bonus means any compensation, in addition to Base Annual Salary relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, payable to a Participant as an Employee under any Employer's annual bonus and cash incentive plans, excluding stock options.

Annual Bonus see Section 4.2(a).

Annual Bonus shall have the meaning set forth in Section 4(b) of this Agreement.

Annual Bonus means a cash bonus, if any, awarded by the Board (or any applicable committee thereof) to Executive in recognition of Executive’s service during the preceding fiscal year and in a manner consistent with the Company’s annual bonus programs for senior executives.

Annual Bonus has the meaning set forth in Section 4.02(a).