Management Bonus Plan definition

Management Bonus Plan means the Borrower's "Management Bonus Plan" pursuant to which the Borrower will pay management bonuses totalling approximately $32,000,000, comprised of approximately $1,100,000 in shares of common stock of the Borrower valued at the initial public offering price of the Borrower's common stock and a cash portion that the Borrower expects will be used to satisfy the recipients' tax obligations arising from the shares of common stock.
Management Bonus Plan means the bonus plan of the Company that provides for annual cash awards to the Chief Executive Officer of the Company and to eligible members of Executive, Senior and Middle management of the Company, the bonus award pool for which is approved by the Executive Compensation Committee on an annual basis.
Management Bonus Plan has the meaning set forth in the definition ofEmployee Bonus Payments” in this Section 1.

Examples of Management Bonus Plan in a sentence

  • The Executive shall be eligible to earn a performance bonus under the Employer’s Management Bonus Plan (the “Bonus”) upon the attainment of certain performance measures.

  • EMPLOYEE's entitlement to a bonus under the Management Bonus Plan will be governed by terms of that Plan.

  • The performance criteria under the Management Bonus Plan shall include such items as performance of the Company compared to its fiscal year plan and budget; new business and customer development by the Company; and operational efficiency of the Company.

  • Management Bonus Plan target objectives shall be developed on or before February 28th of each year of the Management Bonus Plan.

  • During EMPLOYEE's employment with FMC, EMPLOYEE shall be entitled to participate in FMC's Management Bonus Plan and any other such incentive compensation plans as are now available or may become available to other similarly positioned senior executives of FMC.


More Definitions of Management Bonus Plan

Management Bonus Plan means that certain 2016 Management Bonus Plan of the Company, effective as of immediately prior to the Closing, a copy of which is attached hereto as Exhibit D.
Management Bonus Plan means the written document setting forth the terms and conditions of the Company’s Cash Incentive Program (Company Transactions), as amended from time to time.
Management Bonus Plan means that certain bonus plan among Parent and certain senior executives of Parent.
Management Bonus Plan means the Management Bonus Plan maintained by the IFC Affiliated Group.
Management Bonus Plan means the Company’s Management Bonus Plan.
Management Bonus Plan. You are eligible to participate in the annual management bonus program. Your target incentive opportunity “at plan” is 45% with significant upside should the company and your performance meet “stretch plan” or the “home run plan” levels. The exact bonus payment will be determined by the Board. This plan is an annual plan.
Management Bonus Plan means the bonus plan, adopted by the Company’s Board of Directors, in the form of Exhibit F attached to this Agreement.