Performance Bonus definition

Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

Performance Bonus means the cash bonus which may be granted to Eligible Employees under Article IX of the Plan.

Performance Bonus shall have the meaning given to that term in Section 4(d) hereof.

Examples of Performance Bonus in a sentence

• The Administrator may grant Performance Stock Unit awards, Performance Bonus Awards, Dividend Equivalents or Other Stock or Cash Based Awards, to one or more Service Providers, in such amounts and subject to such terms and conditions not inconsistent with the Plan as the Administrator shall determine.

• Any such Performance Bonus Award paid to a Covered Employee shall be based upon objectively determinable bonus formulas established in accordance with Article 9.

• For purposes of calculating Executive's pro rata portion of any bonus pursuant to clause (B) in the previous sentence, if the termination takes place prior to receipt by Executive of any Performance Bonus Distribution, the Performance Bonus Distribution, a pro rata portion of which Executive shall be entitled to receive, shall be deemed to be 50% of Executive's then current annual Base Compensation.

• The Company shall deduct from the Annual Performance Bonus all amounts required to be deducted or withheld under applicable law or under any employee benefit plan in which Executive participates.

• Company shall deduct from the Annual Performance Bonus all amounts required to be deducted or withheld under applicable law or under any employee benefit plan in which Executive participates.

More Definitions of Performance Bonus

Performance Bonus means the bonus which may be granted to Eligible Employees under Article X of this Plan.

Performance Bonus means any portion of the bonus awarded to Employee under the Annual Incentive Program in which the Employee may elect to take in the form of cash, and which shall not include the Incentive Bonus.

Performance Bonus means a performance bonus payable on a per Unit basis by the Partnership to the Manager in an amount equal to 20% of the amount by which the Net Asset Value per Unit on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus any distributions per Unit paid during the period commencing on the date of the Initial Closing and ending on the Performance Bonus Date exceeds $1,120.

Performance Bonus has the meaning set forth in Section 13.3.

Performance Bonus means the performance bonus in respect of each Series payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Series outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Series on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the total of any distributions per Unit of that Series over the Performance Bonus Term exceeds $26.50 in the case of the Series A Units and $27.48 in the case of the Series F Units.

Performance Bonus means an award denominated in cash or Shares that is made under Section 6(c)(ii) of the Plan and that is paid solely on account of the attainment of one or more specified performance targets in relation to one or more Performance Measures.

Performance Bonus the annual performance based bonus to which the Executive may be entitled pursuant to Clause 5.1.2;