Maximum Annual Bonus definition

Maximum Annual Bonus has the meaning set forth in Section 3b.

Maximum Annual Bonus means the maximum bonus amount achievable by Executive under a Bonus Plan for a given Annual Performance Period; provided, that in no event shall such amount be less than the amount required to be paid pursuant to Section 2.2(b).

Maximum Annual Bonus is defined in Section 4.2(b). --------------------

Examples of Maximum Annual Bonus in a sentence

• Executive acknowledges and agrees that, of the total payments and benefits to which Executive would be entitled under Section 5(B) above, an amount equal to one times Executive’s annualized Base Salary, plus the Executive’s full Maximum Annual Bonus for the year in which the Termination Date occurs, shall be deemed to be paid on account of and in consideration for the covenants of Executive contained in clauses (A), (B) and (C) of this Section 7.

• Upon the consummation of a change of control (as defined in the 2021 Incentive Plan), and concurrent with the payment of any consideration to any other holders of capital stock of the Company in connection with such change of control, the Executive shall be deemed to have earned the Maximum Annual Bonus (the “Change in Control Bonus”) for each fiscal year during the remainder of the Term (inclusive of partial fiscal years).

• Maximum Annual Bonus" has the meaning set forth in Subsection 3b.

• Employer shall make payment of such Base Salary and the Maximum Annual Bonus in a single lump sum payment at termination.

• With respect to each fiscal year ending during the Term of Xxxxoyment, such Annual Bonus shall range from 0% to 70% of the Executive's then Base Salary (70% being the "Maximum Annual Bonus"), with a target equal to 35% of the Executive's then Base Salary (the "Target Annual Bonus"), based on both the individual performance of the Executive and the Company's performance all as determined by the Committee in its discretion.

More Definitions of Maximum Annual Bonus

Maximum Annual Bonus shall have the meaning set forth in Section 5(b) of the Employment Agreement.

Maximum Annual Bonus see Section 4.2.

Maximum Annual Bonus means the full amount of the Executive’s annual bonus, assuming maximum individual and company performance. “Target Annual Bonus” means the Executive’s annual bonus, assuming target individual and company performance.

Maximum Annual Bonus means a dollar amount or a percentage of Base Salary, as determined by the Committee (or its delegate) for each Performance Period, which represents the payment that the Participant will earn if the maximum level of the Performance Measures is achieved.

Maximum Annual Bonus means the Executive's annual bonus, assuming maximum individual and company performance.

Maximum Annual Bonus means Mr. Lillibridge's annual bonus, assuming maximum individual and company performance.

Maximum Annual Bonus as of any date means the dollar amount equal to the sum of (1) the dollar value of the Maximum Cash Bonus Component as of that date plus (2) the dollar value of the Stock Bonus Component as of that date.