Annual Executive Bonus Program definition
Examples of Annual Executive Bonus Program in a sentence
For each fiscal year during the Term, Employee shall be eligible to participate in the Annual Executive Bonus Program, with a target bonus amount of 50% of Employee’s annual Base Salary for such year.
The Executive shall be eligible to participate in the Revlon Annual Executive Bonus Program as in effect from time to time (or such plan or plans, if any, as may succeed it) (the “Bonus Program”), with target bonus eligibility of 100% of Base Salary for achieving performance objectives set by the Compensation Committee or its designee, subject to the terms and conditions of such Bonus Program, commencing with performance for the 2012 calendar year.
During the Term, Employee shall be eligible to overachieve the target bonus amount of the Annual Executive Bonus Program as determined by the Compensation Committee.
Notwithstanding the foregoing, the obligations created by this Agreement, the Employment Agreement, the Compensation Cap Agreement, the CARP and Executive's outstanding option grants, grants of restricted stock and awards under the Retention Program, the Annual Executive Bonus Program and the NLTIP/RSU Program are not released.
Annual Executive Bonus Program (as amended from time to time) (“Bonus Program”).
Executive understands and agrees that, except for any vested benefits he may have pursuant to the Employee Retirement Income Security Act of 1974, he will not be entitled to any other compensation beyond that which Continental has agreed to provide herein, in the Employment Agreement or the Compensation Cap Agreement or pursuant to the option grants, grants of restricted stock or the awards to Executive under the Retention Program, the Annual Executive Bonus Program or the NLTIP/RSU Program.
In addition, Continental shall pay Executive the amount of his Annual Bonus (as such term is defined in the Company's Annual Executive Bonus Program (the "Bonus Program")) for the 2004 fiscal year under the Bonus Program payable if and when other participants in the Bonus Program are paid such bonus.
Annual Executive Bonus Program (as amended from time to time) (“Bonus Program.