Base Bonus definition

Base Bonus means the Performance Shares payable to the Employee in respect of Fiscal Year 2014 upon the achievement of the Base Bonus Target as set forth in the individual Award Certificate issued by the Committee to the Employee.

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Base Bonus means the greater of:

Base Bonus means the Performance-Based Cash Award payable to the Employee in respect of Fiscal Year 2014 upon the achievement of the Base Bonus Target as set forth in the individual Award Certificate issued by the Committee to the Employee.

Examples of Base Bonus in a sentence

• The Committee, in its sole and absolute discretion, shall determine when, whether, and if so, the extent to which, the Base Bonus Target, Target Bonus Target or Stretch Bonus Target, as applicable, has been achieved.

• Employee will not receive Base Bonus compensation for any portion of the calendar year(s) during the Term while Employee receives compensation and benefits under the Long Term and Individual Disability Insurance program.

• For the periods that Employee received compensation and benefits under the Salary Continuation and Individual Disability Insurance programs, such compensation and benefits and the Base Bonus compensation provided under this Section 7 are in lieu of Salary and Base Bonus under Sections 3(a) and (b).

• If Executive fails to achieve the EBITDAR-based targets for one or more fiscal quarters in a Fiscal Year, he shall be eligible to earn the missed quarterly Base Bonus payment on account of achieving additional targets in later quarters of the same Fiscal Year or targets in respect of the entire Fiscal Year, in each case as established by the Committee in its sole discretion following consultation with senior management.

• The Committee, in its sole and absolute discretion, shall determine whether the Base Bonus Target has been achieved.

• The Employee shall have no vested right in the Restricted Stock Units for any Fiscal Year unless the Committee certifies that the Base Bonus Target has been achieved for such Fiscal Year.

• If Executive’s employment is terminated pursuant to Sections 1, 4(A), 4(B), 4(C), 4(E)(1) or 4(E)(4) hereof, on and after the Date of Termination Employer shall no longer be obligated to pay Executive any amounts payable hereunder for such period, whether in the form of Base Salary, Base Bonus or otherwise, and Executive shall have no right to compensation or other benefits hereunder for any such period.

• If the Base Bonus Target, but neither the Target Bonus Target nor the Stretch Bonus Target, is achieved, the number of Performance Shares payable to the Employee hereunder shall be the Base Bonus.

• The Base Bonus means an amount equal to the product of 0.75 multiplied by the Annual Base Salary and Accelerated Bonus means an additional amount as determined by the Chief Executive Officer.

• In addition to Employee’s Salary and Base Bonus, Employee will be eligible to receive Employee’s current deferred attainment bonus (“Current Deferred Bonus”), in accordance with the ECBP.

More Definitions of Base Bonus

Base Bonus means the Performance Shares payable to the Employee in respect of Fiscal Year 2013 upon the achievement of the Base Bonus Target as set forth in the individual Award Certificate issued by the Committee to the Employee.

Base Bonus means the number of Restricted Stock Units to which the Employee shall be entitled in respect of Fiscal Year 2015 upon the achievement of the Base Bonus Target as set forth in the individual Award Certificate issued by the Company to the Employee.

Base Bonus means the number of Restricted Stock Units to which the Employee shall be entitled in respect of Fiscal Year 2016 upon the achievement of the Base Bonus Target as set forth in the individual Award Certificate issued by the Company to the Employee.

Base Bonus equal to 0.5% of any positive difference between the Gross Profit of the Commercial Channel Division for that fiscal year and for its prior fiscal year (provided that, during the first fiscal year of this Agreement, Mart▇▇'▇ ▇▇▇e Bonus shall be based on the positive difference between the Gross Profits of the Commercial Channel Division for that fiscal year and USTI's Gross Profit for the same twelve (12) month period in the year immediately preceding the Closing of the Purchase Agreement, payable sixty (60) days after the end of the fiscal year.

Base Bonus means (i) $37,500 for each Bonus Period through the Bonus Period ending December 31, 2000; and (ii) $9,375 for the Bonus Period ending March 31, 2001.

Base Bonus means the higher of (x) the annual bonus paid or payable, including any bonus or portion thereof that has been earned but deferred to the participant with respect to fiscal year 2002 and (y) the participant’s target bonus for fiscal year 2003. “Base bonus” shall include the cash value of restricted shares, valued as of the date of grant without any discount for restrictions, to the extent such shares were considered part of the participant’s annual incentive bonus.