Annual Bonus Compensation definition

Annual Bonus Compensation. Your targeted cash bonus is set at 75% of your Annual Base Salary, which you can receive based on the achievement of certain milestones as listed in Schedule A-1.
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Annual Bonus Compensation means Bonus Compensation paid with respect to any service performed during an Annual Bonus Period.
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Annual Bonus Compensation means the portion of a Participant’s Compensation that is performance based and earned for services performed for a Participating Company over calendar year 2004 or over an entire Plan Year and that is to be paid (whether during or following the end of the Plan Year) to the Participant as an annual bonus or as other annual incentive compensation pursuant to a Participating Company’s plan, program or agreement.
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Examples of Annual Bonus Compensation in a sentence

  • For avoidance of doubt, the Maximum Annual Bonus Compensation shall not include (i) the Annual Base Salary and (ii) any payment made during a relevant fiscal year in respect of performance measures related to prior years.

  • The Election Form to defer Annual Bonus Compensation for any Plan Year must be filed no later than the date that is six (6) months before the end of the performance period on which the Performance Bonus is based (or, if earlier, the date on which such Annual Bonus Compensation becomes readily ascertainable).

  • Notwithstanding anything herein to the contrary, the Executive shall not be entitled to any Annual Bonus Compensation for any fiscal year of the Company or any part thereof during the term of this Agreement unless and until such Annual Bonus Compensation is determined and declared by the Board or the Compensation Committee of the Board, as applicable.

  • Any Annual Bonus Compensation payable hereunder shall be paid no later than March 15 of the calendar year following the calendar year in which such cash bonus shall cease to be subject to a substantial risk of forfeiture under Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).

  • Such Annual Bonus Compensation shall be determined in accordance with the terms and provisions of the Bonus Program and shall be payable within ten (10) days of the completion of the audited financial results of the Company.

  • First year Annual Bonus Compensation is guaranteed at 100% without references to performance criteria.

  • An Eligible Employee’s election, if any, to defer Basic Compensation for any Plan Year when applied to his or her annual rate of Basic Compensation for such Plan Year must equal or exceed five thousand dollars ($5,000), and an Eligible Employee’s election, if any, to defer Annual Bonus Compensation for any Plan Year must equal or exceed five thousand dollars ($5,000).

  • Such Annual Bonus Compensation shall be based upon such factors as the Board shall deem appropriate.

  • The parameters of the award made under AIP shall be determined by the Board and substantially similar parameters shall apply with respect to any component of the Annual Bonus Compensation awarded outside the AIP.

  • The Executive’s Annual Bonus Compensation for any year shall be payable in cash no later than March 15 of the next succeeding year.


More Definitions of Annual Bonus Compensation

Annual Bonus Compensation means the bonus payable under the Company's Short Term Incentive Plan.
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Annual Bonus Compensation means the bonus payable under the Company’s short term incentive plan, as such plan shall exist from time to time.
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Related to Annual Bonus Compensation

  • Bonus means the bonus described in the Section 2.3.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one (1) day prior to the Change in Control, and (ii) the amount of any cash incentive bonus paid (or payable) for the most recently completed fiscal year of the Employer.

  • Annual Compensation means the wages paid to the member during covered employment within the meaning of Section 3401(a) of the Internal Revenue Code, but determined without regard to any rules that limit the remuneration included in wages based upon the nature or location of employment or services performed during the plan year plus amounts excluded under Section 414(h)(2) of the Internal Revenue Code and less reimbursements or other expense allowances, cash, or noncash fringe benefits or both, deferred compensation, and welfare benefits. Annual compensation for determining benefits during any determination period may not exceed the maximum compensation allowed as adjusted for cost of living in accordance with §5-10D-7 of this code and Section 401(a)(17) of the Internal Revenue Code.

  • Target Bonus has the meaning described in Section 4(b).

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.