Incentive Bonus definition

Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

Incentive Bonus has the meaning set forth in Section 3(b).

Incentive Bonus means a bonus opportunity awarded under Section 12 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria established for a specified performance period as specified in the Award Agreement.

Examples of Incentive Bonus in a sentence

• Your eligibility to earn an annual Incentive Bonus and the target amount of such bonus shall be governed by the terms and conditions as determined by the Board, the Compensation Committee and/or the senior management of the Company each calendar year.

• Any Incentive Bonus for a fiscal year shall be paid no later than the date that is two and one half (2½) months after the close of the calendar year in which such fiscal year ends, but only if you have continued in employment with the Company until September 30 of such applicable fiscal year.

• Commencing with the 2022 fiscal year, the target amount for any such annual Incentive Bonus will be fifty percent (50%) of your Base Salary (the “Target Incentive Bonus Amount”).

• Commencing with the 2022 fiscal year, the target amount for any such annual Incentive Bonus will be sixty percent (60%) of your Base Salary (the “Target Incentive Bonus Amount”).

• Commencing with the 2022 fiscal year, the target amount for any such annual Incentive Bonus will be ninety percent (90%) of your Base Salary (the “Target Incentive Bonus Amount”).

More Definitions of Incentive Bonus

Incentive Bonus as defined in Section 2.2 hereof.

Incentive Bonus means the amount established pursuant to this Section 4(a).

Incentive Bonus shall have the meaning assigned to it in Section 6.

Incentive Bonus means, for each Eligible Executive, a bonus opportunity amount determined by the Committee pursuant to Section 5 below.

Incentive Bonus means a bonus opportunity awarded under Section 11 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria established for a performance period of not less than one year as are specified in the Award Agreement.

Incentive Bonus means the amount established pursuant to this Section 6(b).

Incentive Bonus has the meaning set forth in Section 3(b), and for purposes of determining a Severance Amount, the term shall include any amounts subject to Executive’s elective deferrals under a deferred compensation plan of the Company and shall specifically exclude Company contributions under a deferred compensation plan of the Company.