Employee Bonus definition

Employee Bonus means the bonus payable under either the Company’s Employee Bonus Plan or Executive Officer Bonus Plan. Effective for bonuses awarded for services performed on or after January 1, 2008, Employee Bonus includes Commissions and Intel Capital Bonus Plan payments. Employee Bonus does not include Employee Cash Bonus Plan bonuses. Nothing herein contained shall be deemed to constitute a guaranty that an Employee Bonus will be paid to any or all Participants in any particular Plan Year.

Employee Bonus means, for any Plan Year, the bonus earned under the Company’s Annual Performance Bonus Plan (“APB”), the Intel Capital Equity Carried Interest Bonus Program (“ICAP Bonus”), or any successor to such plans or programs, for services performed during such Plan Year. Employee Bonus for a Plan Year also includes Commissions earned for services performed during such Plan Year. Employee Bonus does not include Quarterly Profit Bonus or any other bonus payment not specifically referenced above. Notwithstanding the above, Employee Bonus does not include (1) the APB paid to a Participant for a Plan Year unless the Participant is an Eligible Employee on January 31 of the year in which the APB is paid, or (2) the ICAP Bonus or any Commission paid to a Participant unless the Participant is an Eligible Employee on the date the payment process

Employee Bonus means bonuses payable to certain officers of Seller and Business Employees pursuant to agreements with the Company and other arrangements approved by the Board of Directors of Seller, in an aggregate amount of twenty-five percent (25%) of the Purchase Price minus any amounts to be paid by Seller at the Closing set forth in Sections 2.6(c)(i), (ii), (v) and (vi) of this Agreement; provided, however, that the aggregate amount of such bonuses payable to all officers of Seller and Business Employees shall in no event exceed an aggregate of $5,000,000.

Examples of Employee Bonus in a sentence

• Additionally he is entitled to participate in the Employee Bonus Pool.

• The Employee Bonus Plan consists of three components which are applied during the Bonus period of January 1 to December 31 of each year: Component 1: Company The Company component represents up to twenty five percent (25%) of the Bonus in each year and is part of the Vale S.A. Annual Incentive Plan (AIP) in effect from time to time, which is based upon the Corporate Performance Factor.

• The Employee Bonus Plan consists of three components which are applied during the Bonus period of January 1 to December 31 of each year: Component 1: Company The Company component represents up to 125 points of the Bonus calculation in each year and is part of the Vale S.A. Annual Incentive Plan (AIP) in effect from time to time, which is based upon the Corporate Performance Factor.

• The Commission recommends the inclusion of the following Bonus Plan: Letter of Understanding – Employee Bonus Plan This will confirm our agreement with respect to the payment of the new Employee Bonus Plan (Bonus) to employees as set out below.

• Employee Bonus Plan The Union proposes the inclusion of a “Bonus” Letter of Understanding with language as below, similar in content and identical in application to the one recently negotiated between Vale and the USW for the Sudbury operations: LETTER OF UNDERSTANDING - EMPLOYEE BONUS PLAN This will confirm our agreement with respect to the payment of a new Employee Bonus Plan (“EBP”) to employees.

More Definitions of Employee Bonus

Employee Bonus means the amounts specified on Schedule 1.1(C) payable by the Company to the persons specified on such schedule.

Employee Bonus means a payment made to an employee of the Company, other than Gelbart, Spencer, or Xxxxxxxxx, pursuant to Section 4.1.

Employee Bonus means an aggregate amount of up to $17,025,000 that the Board of Directors of the Company authorizes, prior to the Closing Date, to be paid to the Bonus Employees in consideration of the past services rendered by the Bonus Employees to the Company pursuant to the Bonus Plan, which obligation will be satisfied by the Parent within the time, and in the manner, specified in Section 11.1(a), but only if and to the extent that the shareholder approval requirements of Section 280G of the Code and the regulations thereunder are satisfied with respect to Employee Bonus payments to Bonus Employees who are “disqualified individuals” under Section 280G of the Code.

Employee Bonus means such Employee's target bonus.

Employee Bonus means the bonus payable under either the Company’s Employee Bonus Plan or Executive Officer Bonus Plan. The Employee Bonus eligible for deferral shall be subject to adjustment for any necessary income tax or employment tax withholding. Nothing herein contained shall be deemed to constitute a guaranty that an Employee Bonus will be paid to any or all Participants in any particular Plan Year.

Employee Bonus means the cash bonus of £[***] awarded to [***] that is payable at Closing in accordance with the terms of the bonus letter entered into by the Company and [***] on or about the date of this Agreement. “Encumbrance” means any security interest, mortgage, charge, lien, pledge, assignment, claim, title retention, restriction against transfer, encumbrance and other third party (other than Buyer) interest or equity (including any right to acquire, option or right of pre-emption 12

Employee Bonus means the most recent annual performance bonus actually paid to Employee by FBI for the most recent complete fiscal year preceding the Change of Control provided that if Employee did not receive a bonus for such fiscal year or received a partial bonus for such fiscal year, in either case as a result of Employee only being employed by FBI for a portion of such fiscal year, then the term "Employee Bonus" shall mean such Employee's target bonus.