Examples of Maximum Threshold in a sentence
To the extent the Employer’s financial performance for any calendar year meets or exceeds the Maximum Threshold, the Employer shall pay the Executive one hundred percent (100%) of the Maximum Cash Bonus.
For the avoidance of doubt, the right to demand the Maximum Threshold Repayment shall expire upon the expiration of the Option Period.
To the extent the Employer’s financial performance exceeds the Maximum Threshold, the Employer’s Board of Directors shall have the option, in its sole and absolute discretion, to implement additional compensation arrangements in consideration of such financial performance.
To the extent the Employer’s financial performance for any calendar year meets or exceeds the Maximum Threshold, the Employer shall grant to the Executive ISOs to purchase up to an aggregate of 5,000 shares of the Employer’s common stock.
For 2005, the Employer’s Board of Directors has determined that (i) the Minimum Threshold shall be met if the Employer generates $1,000,000 in earnings before interest, taxes, depreciation and amortization, as determined by the Employer’s accountants in accordance with generally accepted accounting principles (“EBITDA”); (ii) the Maximum Threshold shall be met if the Employer generates $1,750,000 in EBITDA and (iii) the Executive’s Maximum Cash Bonus shall be $25,000.