Bonus Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 German Civil Code (BGB)) on the Strike Date on the basis of the volatility of the Underlyings and the market conditions prevailing on such date and will be published in accordance with § 13 hereof. The indication for the Bonus Factor based on the market conditions as of 14 April 2014 is 20% (in any case, it will not be below 17%).
Bonus Factor means (x) with respect to a termination of employment that occurs on or before December 31, 2018, Executive’s Target Bonus for the fiscal year ending December 31, 2018, (y) with respect to a termination of employment that occurs after December 31, 2018 but on or before December 31, 2019, Executive’s Target Bonus for the fiscal year ending December 31, 2018 and (z) with respect to a termination of employment that occurs after December 31, 2019, the average bonus received for the two completed fiscal years preceding the year in which the termination of employment occurs; provided, however, that in no event shall the Bonus for any fiscal year taken into account for purposes of calculating clause (x), (y) or (z) exceed the Target Bonus for such fiscal year.
Bonus Factor means, in respect of any Participant, the numerical factor determined by the Committee for purposes of such Participant's participation in the Plan. A Participant may be awarded additional Bonus Factors in the Plan. In such event, each additional Bonus Factor shall be separate and independent of any prior or subsequent Bonus Factor awarded to such Participant under the Plan.
Examples of Bonus Factor in a sentence
The Compensation Committee may adjust the Personal Performance Bonus Factor or any measure or otherwise increase the Personal Performance Bonus otherwise payable in order to reflect changed circumstances or such other matters as the Compensation Committee deems appropriate.
Terminated Eligible Employees shall be eligible to receive a Personal Performance Bonus based upon an assumed Personal Performance Bonus Factor of 1.0, so that the Terminated Eligible Employees will receive a Personal Performance Bonus at their individual Target Performance Level multiplied by their Bonus Eligible Earnings for the calendar year.
The product of the Company Bonus Factor and the Target Company Profitability Bonus, less any amounts paid to you for prior Company Profitability Bonuses during the Plan Year, will be paid to you in the month following each quarter end.
The Target Bonus Factor applied to Base Salary is the Target Bonus.
Newmont Mining may increase or decrease any eligible Employee’s Personal Performance Bonus Factor in its sole discretion.
More Definitions of Bonus Factor
Bonus Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 BGB) on the Strike Date on the basis of the market conditions prevailing on such date and will be published in accordance with § 15. The indication for theBonus Factor based on the market conditions as of 8 January 2018 is 20% (in any case, it will not be below 12%).
Bonus Factor means the multiple determined in accordance with Section 4(b)(1) of the Plan for purposes of determining a Participant's Earned Bonus.
Bonus Factor means, in respect of any Participant, the ------------ numerical factor determined by the Committee for purposes of such Participant's participation in the Plan.
Bonus Factor is the decimal equivalent of the fraction
Bonus Factor. = For fiscal year 1997 (7/1/96 - 6/30/97), $250,000. For fiscal year 1998 (7/1/97 - 6/30/98), $350,000. For fiscal year 1999 (7/1/98 - 6/30/99), $500,000. For each subsequent fiscal year thereafter, the Bonus Factor shall be set by a majority of the Company's Board of Directors.
Bonus Factor means (x) with respect to a termination of employment that occurs on or before December 31, 2017, Executive’s Target Bonus for the fiscal year ending December 31, 2017, (y) with respect to a termination of employment that occurs after December 31, 2017 but on or before December 31, 2018, Executive’s Bonus for the fiscal year ending December 31, 2017 and (z) with respect to a termination of employment that occurs after December 31, 2018, the average of the two completed fiscal years preceding the year in which the termination of employment occurs; provided, however, that in no event shall the Bonus for any fiscal year taken into account for purposes of calculating clause (x), (y) or (z) exceed the Target Bonus for such fiscal year. For the avoidance of doubt, if Executive’s employment is terminated before December 31, 2017, Executive shall not be entitled to a prorated bonus for the fiscal year ending December 31, 2017 unless the Committee determines that such a prorated bonus should be paid to Executive based on Executive’s exceptional performance prior to termination. For the further avoidance of doubt, Executive shall not be entitled to the benefits described in this Section 4(b) for a termination due to the expiration of the term of this Agreement pursuant to Section 1 hereof, Termination due to Disability, termination of Executive’s employment for Cause, Executive’s death, or termination of Executive’s employment by Executive for any reason other than for Good Reason.
Bonus Factor with respect to any fiscal year shall be determined under clause (i) or (ii) of this subparagraph (A), as the case may be, provided that the Bonus Factor shall in no event be less than zero and shall in no event exceed one.