Examples of Bonus in a sentence
Employee shall only be entitled to receive any Annual Bonus payment if Employee remains an employee in good standing with the Company as of the date such Annual Bonus is payable.
Subject to Section 3(c)(iv) above, the Company shall pay the Executive the remaining unpaid Installments of the Transaction Bonus, if any, in accordance with the Payment Dates as if the Executive was still employed by the Company.
Each such Annual Bonus awarded to the Executive shall be paid sometime during the first seventy-five (75) days of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless the Executive shall elect, in compliance with Treasury Regulation 1.409A-2(a), to defer the receipt of such Annual Bonus.
The Executive shall forfeit all other unpaid Installments of the Transaction Bonus.
In the event the Company ceases to exist during the Term, the Company shall pay the Executive any remaining unpaid Installments of the Transaction Bonus, if any, at least three (3) business days prior to any payments made to shareholders of the Company.