Maximum Bonus Award definition

Maximum Bonus Award means the amount of the bonus compensation that would be paid to Executive under such incentive or bonus compensation plan assuming that all performance goals or targets required to have been achieved as a condition of the payment of the maximum bonus under such plan were achieved and all other conditions precedent to the payment of such bonus compensation were satisfied.

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Maximum Bonus Award means, as to any Participant for the Performance Period, the maximum award that may be granted to the Participant under the Bonus Plan. In no event may the Maximum Bonus Award paid in respect of a calendar year exceed $2 million.

Maximum Bonus Award means the maximum Bonus Award, denoted as a dollar amount, which can be earned and paid to the Participant for the Bonus Period as established by the Committee.

Examples of Maximum Bonus Award in a sentence

• Any share of Restricted Stock that does not vest on the first date that such share was eligible to vest because Executive did not receive the Maximum Bonus Award shall be forfeited on that date and shall never vest.

• Any shares of Restricted Stock that vest as a result of Executive receiving all or a portion of the Maximum Bonus Award shall become vested on the same date that the cash bonus is paid to Executive.

• Executive shall also forfeit any shares of escrowed Stock that were subject to vesting under Section 5(d) of the Employment Agreement, but which did not vest thereunder in a given year because Executive was not entitled to the Maximum Bonus Award for that year.

• Within a mutually agreeable time period before the beginning of each calendar year, the President shall establish goals for Executive for the next calendar year based on the final operational plan and budget of the Company for such year, and Executive shall be entitled to receive a percentage of the Maximum Bonus Award, up to 100%, depending on whether the Company attains all or a portion of such goals.

• Executive shall receive a portion of the 1997 Maximum Bonus Award under this Section 7(d)(i)(B) equal to 12.5 multiplied by the "Revenue Factor." The Revenue Factor shall be a percentage ranging from 0% to 100%, with 100% representing that the Company's 1997 revenue is equal to or exceeds the 1997 Revenue Target, and with 0% representing that the Company's 1997 revenue is equal to or less than the Company's 1996 revenue.

More Definitions of Maximum Bonus Award

Maximum Bonus Award means, as to any Participant for the Performance Period, the maximum award that may be granted to the Participant under the Bonus Plan.

Maximum Bonus Award means, as to any Participant for a Performance Period, 260% of the Participant’s annualized rate of base salary in effect at the commencement of such Performance Period determined without regard to any increases in base salary that may occur thereafter, but in any event not more than three million dollars ($3,000,000).

Maximum Bonus Award means the maximum Bonus Award which can be earned and paid for the Bonus Period to a Participant who is a Covered Employee, which results from multiplying the Participant’s Compensation for the Bonus Period by the product of (i) the Participant’s Target Bonus Percentage and (ii) the Participant’s relevant Aggregate Corporate Performance Bonus Multiplier. In no event, however, may the amount of any Participant’s Maximum Bonus Award exceed the maximum dollar limit for Bonus Awards that may be paid with respect to any particular time period as set forth in the Newell Rubbermaid Inc. 2013 Incentive Plan or any other such plan under which Bonus Awards that are intended to constitute qualified performance-based compensation within the meaning of Section 162(m) of the Code are to be based.

Maximum Bonus Award means the maximum Bonus Award which can be earned and paid for the Bonus Period to a Participant as determined by the Committee. The Committee may establish the Maximum Bonus Award for a Bonus Period as a set dollar amount or in such other manner as the Committee may designate, including using the same methodology for determining the Participant’s Preliminary Bonus Award but using different Corporate Performance Objective(s) and/or level(s) of Corporate Performance Objective(s) and/or different Individual Performance Factor(s) and/or levels of Individual Performance Factors than those used to determine the Aggregate Corporate Performance Bonus Multiplier for determining the Participant’s Preliminary Bonus Award. Unless the Committee specifically determines otherwise, in no event may the amount of any Participant’s Maximum Bonus Award exceed

Maximum Bonus Award means the maximum Bonus Award, denoted as a dollar amount, which can be earned and paid to the Participant for the Bonus Period as established by the Committee, which cannot exceed in any event the dollar amount which results from multiplying the Participant’s Compensation for the Bonus Period by the product of (a) the Participant’s Target Bonus Percent, (b) the Participant’s Corporate Performance Bonus Multiplier and (c) one hundred and twenty percent (120%).

Maximum Bonus Award means the maximum bonus award, denoted as a dollar amount, number of Restricted Stock Units or combination thereof, that can be earned and paid to the Participant for the Bonus Period as established by the Committee.

Maximum Bonus Award means the maximum Bonus Award that may be granted or earned under the Bonus Plan by a Participant for the Performance Period, which may be, but is not required to be, expressed as a percentage of Participant’s base salary or a specific dollar amount. As to any Participant for any Performance Period, the Maximum Bonus Award will not exceed $3 million multiplied by the number of complete Fiscal Years contained within the Performance Period, or, for any Performance Period of less than one complete Fiscal Year, $3 million.