Annual Bonus Award definition

Annual Bonus Award means the annual bonus to be paid to the Executive in accordance with the Company’s annual bonus program as described in Section 5.2 herein.

Annual Bonus Award means an Award to Employees who are Participants pursuant to Section 10 consisting of the right to receive a cash payment on an annual basis.

Annual Bonus Award means the annual bonus to be paid to the Executive in accordance with the terms of the annual bonus program(s) maintained by the Company, Scotts or any of their affiliates in which the Executive is a participant.

Examples of Annual Bonus Award in a sentence

• A prorated Annual Bonus Award based on the Executive’s target bonus opportunity established for the year in which termination of employment occurs.

• Subject to the Executive’s estate signing and not revoking a release of claims satisfactory to the Company (a “Release”) within sixty (60) days following the Effective Date of Termination, a prorated Target Annual Bonus Award based on the Executive’s target bonus opportunity established for the year in which termination of employment occurs.

• A lump sum payment equal to one (1) times the Executive’s Target Annual Bonus Award, at the targeted Annual Bonus Award in effect on the Effective Date of Termination.

• Represented engineers may practice their profession in their free time provided that said work will not: (a) require review and/or approval by any City department; and/or (b) interfere in any way with the employee’s assigned duties during working hours; and/or (c) actually or potentially be a source of embarrassment to the City; and/or (d) represents a real or apparent conflict of interest with City duties.

• A lump sum payment that is equal to a prorated Targeted Annual Bonus Award based on the Executive’s target bonus opportunity established for the fiscal year in which termination of employment occurs.

More Definitions of Annual Bonus Award

Annual Bonus Award means the target bonus under the annual incentive plan in effect for an Eligible Employee on the date of his or her termination of employment. If there is no annual incentive plan in place at the time of the Eligible Employee’s termination, the bonus award amount will be equal to his or her target bonus under the last annual incentive plan in which the Eligible Employee participated, provided such plan was in effect within the six months prior to the Eligible Employee’s termination date.

Annual Bonus Award means an incentive payment made pursuant to the management bonus program applicable to an Eligible Employee of the Company.

Annual Bonus Award means the amount payable to the officer under the executive management incentive plan in effect for executive officers on his or her termination date, which amount shall be calculated as if the “target” performance results were attained. If there is no executive management incentive plan in place at the time of the officer’s termination or if the employment is terminated by the officer for Good Reason and the Good Reason is a material reduction in base salary or annual cash bonus incentive opportunity, then the Annual Bonus Award means an amount equal to the last such award received by the officer prior to his termination date.

Annual Bonus Award for any Participant, means the award established for that Participant pursuant to Section 5.1 of the Plan.

Annual Bonus Award means a cash bonus awarded to an Employee with respect to a particular year.

Annual Bonus Award means an "Annual Bonus Award" as defined in and payable to a participant under the Annual Incentive Award Plan.

Annual Bonus Award means an award, if any, payable to an Employee pursuant to any bonus plan of the Corporation in effect at the time the Employee’s employment is terminated.