Annual Bonus Pool definition

Annual Bonus Pool means 2% of Net Income for the Performance Period.
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Annual Bonus Pool means a Bonus Pool established with respect to an Annual Award.
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Annual Bonus Pool means the amount of cash as determined by the Administrator that can be distributed as bonuses during a Plan Year.
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Examples of Annual Bonus Pool in a sentence

  • The Committee shall retain sole and full discretion to reduce, in whole or in part, the amount of any Annual Bonus Pool Award otherwise payable to the Participant under the Plan.

  • The Annual Bonus Pool Award made to Participant hereby is subject to all of the terms and conditions of the Plan, which terms and conditions are hereby incorporated by reference herein and made a part hereof.

  • The Annual Bonus Pool Award is intended to be a Performance-Based Award within the meaning of the Plan, and all of the terms and conditions of this Award shall be interpreted in such a manner so as to qualify all compensation paid hereunder as “qualified performance-based compensation” within the meaning of Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”).

  • As a condition to participate in the Plan and to receive an Annual Bonus Pool Award, Participant shall execute and return to the Committee a duplicate of this Agreement.

  • Following the close of each Performance Period and prior to payment of any amount to any Participant under the Plan, the Committee must certify in writing as to the computation of the Annual Bonus Pool Award.


More Definitions of Annual Bonus Pool

Annual Bonus Pool means the annual bonus pool which Senior Managers of the Company shall be entitled to divide and shall be determined by multiplying the Applicable Percentage by the Maximum Annual Financial Bonus for the given Fiscal Year.
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Annual Bonus Pool the "Annual Bonus Pool" for a period shall be 10% of EBITDA in excess of the EBITDA Target for such period;
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Annual Bonus Pool is equal to the greater of: (x) nine-tenths of one percent (0.9%) of the Operating Cash Flow for BellSouth's 2005 fiscal year, beginning on January 1, 2005 and ending on December 31, 2005; or (y) one and one-half percent (1.5%) of the Net Income for BellSouth's 2005 fiscal year.
Sample 1
Annual Bonus Pool means an amount equal to ten percent (10%) of the aggregate earnings (if any) of the Northcoast Companies (as defined in Section 2.1.2 of the Stock Purchase Agreement), before interest, before taxes, and before any amortization of goodwill arising from the transactions contemplated by the Asset Purchase Agreement, the Stock Purchase Agreement or the Merger Agreement, all as reflected on the statements of income of the Northcoast Companies in accordance with generally accepted accounting principles, and including as an expense for the purpose of such calculation the amount of the Annual Bonus Pool and all sales commissions payable by the Northcoast Companies.
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Annual Bonus Pool means, for any fiscal year, the product of (i) Excess EBITDA for such fiscal year times (ii) eight times (iii) 40%. Annual Bonus Pool may be a positive or negative number.
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Annual Bonus Pool means the incentive compensation pool payable to Participants with respect to any fiscal year of the Company. The Annual Bonus Pool shall be divided into the Cash Bonus Pool and the Stock Bonus Pool, each as defined in Section 5(b).
Sample 1
Annual Bonus Pool means 15% of the Pretax Operating Income for the Plan Year.
Sample 1