Bonus Income definition

Bonus Income means, for any Fiscal Year, the excess of the Net Income for Corporation for the Fiscal Year over the Threshold Income for the Fiscal Year.
View Source
Bonus Income means, for any Fiscal Year, the excess of the Net Income for the PPT Division for the Fiscal Year over the Threshold Income for the Fiscal Year.
View Source
Bonus Income means, for any Fiscal Year, the excess of the Net Income for the Theatrical Division for the Fiscal Year over the Threshold Income for the Fiscal Year.
View Source

Examples of Bonus Income in a sentence

  • For each 10 percent of the optimum Bonus Income receivable it is compulsory to sponsor 1 person.

  • Bonus Income Level 2 – For each 10% earned of the Optimum Bonus you will sponsor 2 people.

  • In year 4 there is also Bonus Income on ▇▇▇▇▇ ▇ of € 10000 that is receivable.

  • For each 10 percent of the optimum Bonus Income receivable it is compulsory to sponsor 2 people.

  • Provided Executive remains an employee of Corporation through at least March 31, 2007, Corporation will pay Executive a bonus under the VOD Division Performance Improvement Incentive Plan equal to the product of (a) the Bonus Income for Fiscal 2007, (b) Executive's Performance Achievement Factor for Fiscal 2007, and (c) Executive's Participation Percentage for Fiscal 2007.

  • This gives us a percentage of Optimum Bonus Income receivable for Level 2.

  • The payment of Bonus Income shall be at the discretion of the Employer's Chief Executive Officer and the Board of Directors, calculated and paid on an annual fiscal year basis.

  • Provided Executive remains an employee of Corporation through at least March 31, 2007, Corporation will pay Executive a bonus under the PPT Division Performance Improvement Incentive Plan equal to the product of (a) the Bonus Income for Fiscal 2007, (b) Executive's Performance Achievement Factor for Fiscal 2007, and (c) Executive's Participation Percentage for Fiscal 2007.

  • As indicated in the graph above in year 3, the Actual Bonus Income on Level 1 is € 5000.

  • As indicated in the graph above in year 4the Actual Bonus Income on Level 1 is € 10000.

Related to Bonus Income

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Annual income means the same as that term is defined in regulations of the

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.