Bonus Multiple definition

Bonus Multiple means the amount determined by reference to Section 3.2 hereof.

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Bonus Multiple means the multiple, if any, determined by reference to the matrix set forth below, based on the Company's overall financial performance for the relevant year by providing the percentage variance between "Revenue" and "EBITDA" actually reported for the fiscal year and "Revenue" and "EBITDA" as set forth in the annual budget adopted by the Board. EBITDA VARIANCE (ACTUAL VS. BUDGET)

Bonus Multiple means, with respect to a Participant for a fiscal year, the Participant's Performance Multiple plus the Participant's Target Multiple for such year, except in the case of a Participant who has a Combined Performance Multiple for such year, the Performance Multiple shall be the Combined Performance Multiple for such Participant for such year.

Examples of Bonus Multiple in a sentence

• For example, (1) in the event the actual Achieved EBITDA Percentage is 90%, the Bonus Multiple shall be 75% or (2) in the event the actual Achieved EBITDA Percentage is 115%, the Bonus Multiple shall be 137.5%.

• For purposes of this Agreement, the term "Bonus Multiple" shall mean the multiple, if any, determined by reference to the matrix set forth below, based on the Company's overall financial performance for the relevant year by providing the percentage variance between "Revenue" and "EBITDA" actually reported for the fiscal year and "Revenue" and "EBITDA" as set forth in the annual budget adopted by the Board.

• Each Quote will specify whether the Solution acquired thereunder is to be used as an Internal or External version.

• For purposes of this Section 3(c), the "IFC Bonus Multiple" means, with respect to a particular IFC STIP performance year, the multiple, expressed in terms relative to a 1X target award opportunity under the IFC STIP, which is determined by the Committee in its sole discretion for use in calculating the bonus payout to IFC STIP participants for the Company's performance in such year.

• For example, (1) in the event the actual Achieved EBITDA Percentage is 90%, the Bonus Multiple shall be 75% or (2) in the event the actual Achieved EBITDA Percentage is 115%, the Bonus Multiple shall be 115%.

More Definitions of Bonus Multiple

Bonus Multiple means the multiple, if any, selected from the charts below by computing (i) actual REVENUE for the Performance Year as a percentage of Projected REVENUE for such Year, assuming that the Projected REVENUE is $84,000,000, $131,000,000 and $212,000,000 for 1997, 1998 and 1999, respectively, and (ii) the variance in actual EBITA as compared to Projected EBITDA, assuming that the Projected EBITDA, having been adjusted so that the total projected bonus payment for such year is zero, is $(19,000,000), $(19,000,000) and $(7,200,000) for 1997, 1998 and 1999, respectively.

Bonus Multiple shall be an amount equal to the greater of (x) one (1), or (y) a fraction, the numerator of which shall equal the number of whole calendar months remaining in the then current Employment Term (assuming no termination had occurred and no further extension of the Employment Term), including for such purpose, the calendar month during which Executive’s termination occurs, and the denominator of which shall equal twelve (12).

Bonus Multiple means the Bonus Multiple set forth in Annex A that is applicable to the Participant’s Tier as set forth in the Participation Notice.

Bonus Multiple means the multiple, if any, determined by reference to the matrix set forth below, based on the Company's overall financial performance for the relevant year by providing the percentage variance between "Revenue" and "EBITDA" actually reported for the fiscal year and "Revenue" and "EBITDA" as set forth in the annual budget adopted by the Board. EBITDA Variance (Actual vs. Budget) -15% to -5% -5% to 5% +5.1% to 15% + 15% -------------------------------------------------------------------------------- Revenue -15% to -5% 0.6 0.7 0.8 1.0

Bonus Multiple means an amount equal to the product of (A) the Participant’s target annual bonus (under the Company’s annual bonus plan or program, or under the Participant’s employment agreement or offer letter with the Company) calculated at 100% of target levels as specified in such Company bonus plan or program as in effect immediately prior to the date of the Non-CiC Termination and (B) a fraction, the numerator of which is the number of months represented by the Non-CiC Severance Period and the denominator of which is twelve (12).

Bonus Multiple means such number above 1.0 but not exceeding 1.2, to be determined in the sole discretion of Cloud Alliance. The Bonus Multiple will be made known through the MOO Store.

Bonus Multiple means the sum of the Performance Factor plus one (1).