Bonus Component definition

Bonus Component means a component of a Participant’s bonus calculation that will be (i) designated by EA in its sole discretion, (ii) assigned a weighting as a percentage (from 0% - 100%) of a Participant’s bonus, and (iii) evaluated independently based on the actual attainment of any applicable Performance Measure(s). The specific Bonus Components used and the weight of each Bonus Component as a percentage of a Participant’s bonus award will depend upon the Participant’s position within the Company. Typical Bonus Components may include, but are not limited to, Company performance, Business Unit performance, and individual Participant performance.
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Bonus Component has the meaning specified in Section 7(e).
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Bonus Component means a component of a Participant’s bonus calculation that will be (i) designated by EA in its sole discretion,
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Examples of Bonus Component in a sentence

  • The Salary Component shall be paid in equal monthly installments for the Elimination Period and the Bonus Component, if any, shall be paid at the time bonuses are paid by the Company to senior executives generally.

  • The first part contains the winnings of the User ("Winnings Component") while the second part contains any bonus amounts that may be credited by the Company to the Users at the company's sole discretion ("Bonus Component") subject to fulfillment of relevant terms and conditions.

  • The Quarterly Bonus Component represents up to seventy-five percent (75%) of the bonus in each year.

  • Payment of the Bonus Component of Severance will be made after the end of the calendar year of measurement, in accordance with the Company's process and timing for such bonuses.

  • Annual Bonus Component The annual bonus component represents up to twenty-five percent (25 %) of the Employee Bonus in each year and is the part of the Vale S.A. Annual Incentive Plan (“AIP”), in effect from time to time, that is based upon the Corporate Performance Factor.

  • The Executive's "Maximum Bonus Percentages" and "Maximum Performance Bonus" are set forth in Exhibit A to this Agreement and the Executive's "Maximum Cash Performance Bonus" for any fiscal year shall be his Base Salary for such year multiplied by the Maximum Bonus Percentage for the Cash Bonus Component of the Performance Bonus as set forth in Exhibit A.

  • If the Annual Bonus for your year of termination is not intended to be an Exempt Bonus, the Bonus Component will be the Target Bonus paid in the timing provided in Section 4(b) of this Agreement, but such amount will not be prorated for the partial year of service.

  • The target specifications described in Attachment I hereto shall be used to calculate the Penalty / Bonus Component described in the formula set forth in Clause 4.1 below (the “Target Specifications ”).

  • The target specifications described in Attachment I hereto shall be used to calculate the Penalty / Bonus Component described in the formula set forth in Clause 4.1 below (the “Target Specifications”).

  • The target specifications described in Attachment I shall be used to calculate the Penalty / Bonus Component described in the formula set forth in Clause 4.1 below (the “Target Specifications”).


More Definitions of Bonus Component

Bonus Component means the higher of (i) Executive’s Target Bonus for the calendar year in which the Termination Date occurs (or, if Executive’s Target Bonus for such calendar year is not yet determined as of the Termination Date, Executive’s Target Bonus for the calendar year prior to the calendar year in which the Termination Date occurs) or (ii) the average of the Target Bonuses for the three most recent calendar years prior to the year in which the Termination Date occurs; provided, however, that if Executive was not employed by the Company for each of such three most recent calendar years, then this clause (ii) will be equal to the average of Target Bonuses for such calendar years in which the Executive was employed by the Company.
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