Bonus Threshold for a Special Project shall be $1,000,000 of Special Project Net Profits.
Bonus Threshold means $3,018,750, which amount is 115% of the Target Amount.
Bonus Threshold means $22,000,000, computed as consolidated EBITDA for the trailing twelve (12) months ended June 30, 2019 less actual Interest Expense; provided, however, that such amount shall be reduced in the event of the disposition of Phoenix or Carpets by 100% of the EBITDA for such Legacy Business for the trailing twelve (12) months prior to such disposition; and provided, further, that such amount shall be reduced in the event of the disposition of Faneuil by 50% of the EBITDA for Faneuil for the trailing twelve (12) months prior to such disposition, but in no event less than $0.
Examples of Bonus Threshold in a sentence
Notwithstanding the foregoing, the Remuneration Committee shall have the discretion, but not the obligation, to pay an Annual Bonus, in an amount not to exceed 25% of the Executive’s Base Salary, with respect to any Bonus Year for which Bonus Threshold Performance is not met or exceeded.
If in any Term Year, the aggregate Cost Savings is in excess of two hundred thirty-four thousand eight hundred eighty-eight dollars ($234,888) (subject to applicable Adjustment, the “Bonus Threshold”), Host shall pay Provider an amount equal to 30% of the amount by which Cost Savings exceeds the Bonus Threshold within ninety (90) days after the end of such Term Year.
More Definitions of Bonus Threshold
Bonus Threshold means the percentage specified as such in the applicable Preference Share Confirmation for the relevant Bonus Period;
Bonus Threshold. For each of the Peak Months (or such other Months as may be designated by Utility), the product of (a) the AIDC, and (b) the number of hours in such Month, multiplied by (c) [___________], respectively for each such Month; provided, however, that the factors in sub-section (c) hereof may be changed in connection with a redesignation of Peak Months by Utility so long as the average of such factors is not increased.
Bonus Threshold shall be seventeen million five hundred thousand dollars ($17,500,000) and shall be subject to adjustment by the CNCG Committee from time to time in its discretion to account for material acquisitions or dispositions of any business or assets of or by the Company or its subsidiaries. Each Base Bonus and Annual Bonus, if earned in accordance with this Agreement, shall be paid no later than the fifteenth day of the third month following the fiscal year with respect to which such bonus was earned. Notwithstanding the foregoing, to the extent that Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”), may be applicable, such Annual Bonus shall be subject to, and contingent upon, such shareholder approval as is necessary to cause the Annual Bonus to qualify as “performance-based
Bonus Threshold shall be seventeen million five hundred thousand dollars ($17,500,000) and shall be subject to adjustment by the CNCG Committee from time to time in its discretion to account for material acquisitions or dispositions of any business or assets of or by the Company or its subsidiaries. Subject to Section 4, each Base Bonus and Annual Bonus, if earned in accordance with this Agreement, shall be paid no later than the fifteenth day of the third month following the fiscal year with respect to which such bonus was earned; provided, that in the event of a Sale, a pro-rated portion of the Base Bonus and the Annual Bonus for the year in which the Sale occurs (but using, for purposes of the Annual Bonus, the trailing twelve month EBITDA as of the last day of the fiscal quarter preceding the fiscal quarter in which the Sale occurs) shall be paid to the Executive at the time and in the manner as the Sale Bonus described in Section 3.5 and the Company shall have no other obligation to pay the Executive a Base Bonus or Annual Bonus for the fiscal year in which the Sale occurs. Notwithstanding anything to the contrary contained herein, if the Audit Committee of ALJJ or any other relevant committee or person, including the Chief Executive Officer of ALJJ, in its discretion after consultation with the Company’s auditors, determines that any material restatement, revision or change to the Company’s financial statements requires a change in the calculation of EBITDA for any particular fiscal year of the Company, the CNCG Committee may require reimbursement from the Executive of any excess Annual Bonus paid to the Executive as a result of the recalculated EBITDA for such particular fiscal year of the Company.
Bonus Threshold means One Million Three Hundred Thirty-four Thousand Five Hundred Twenty Dollars ($1,334,520), which amount is 110% of the Target Amount.
Bonus Threshold means the performance level for each Critical Service Level KVM that Certen has to meet in order to be eligible for a Bonus with respect to that Critical Service Level KVM. "[**]" has the meaning set forth in Exhibit A.
Bonus Threshold means zero 1.2.