Examples of Bonus in a sentence
The actual annual bonus may range from 0% to 200% of a target value (the “Target Annual Bonus Amount”), based on the level of achievement of specified performance measures and goals set by the Compensation Committee (with, subject to the Compensation Committee Charter, input from the Executive) for such calendar year (the “Annual Performance Goals”).
Mine Production Committee Composed of a number of employees as agreed upon by the parties, who shall meet with the Mine Superintendent as mutually agreed, to deal with problems and complaints arising out of the operation of the current Mine Incentive Bonus System.
The quantum of the Fund will be constrained by the proportion of the public sector that is eligible to participate in the Fiscal Dividend Bonus i.e., 100% of the Fund will be available if 100% of all categories of employees in the public sector under the purview of the Public Sector Employers’ Council participate, but if a lesser number participate, a proportionately lesser amount of the Fund will be available.
For performance in calendar year 2025 and each calendar year thereafter, the Target Annual Bonus Amount shall be $1,800,000.
The Fund will be determined as follows: The calculations will be based on the surplus, as calculated before deduction of any expense associated with the Fiscal Dividend Bonus, achieved in fiscal 2009-10, as published in the audited financial statements for that fiscal year, provided that the surplus is in excess of $150 million.