Bonus definition
Examples of Bonus in a sentence
The Executive’s Annual Bonus shall be reviewed at least annually by the Board and the Board may, but shall not be required to, increase the Annual Bonus during the Term.
The Annual Bonus, if any, awarded under this Section 4(b) will be paid on or before June 15 of the calendar year following the calendar year for which any such bonus is awarded; provided, however, that, except as set forth in Section 11a.
The Annual Bonus, if any, awarded under this Section 4(b) will generally be paid on or before March 15 of the calendar year following the calendar year for which any such bonus is awarded; provided, however, that Executive must remain actively employed by the Company (including not on leave or disabled) on the date on which the Annual Bonus is paid.
The undersigned shall receive notice and evidence of the digital entry of the number of the Units and Bonus Shares owned by undersigned reflected on the books and records of the Company and verified by Issuer Direct (the “Transfer Agent”), which books and records shall bear a notation that the Securities were sold in reliance upon Regulation A.
Bonus awards are discretionary and may be paid in the form of cash, deferred cash or Xxxxx XxXxxxxx stock units, or a combination thereof.