Personal Performance Incentive Bonus definition

Personal Performance Incentive Bonus means a bonus under the Incentive Plan to reflect personal performance equal to, for each Fiscal Year, the product of (a) the Personal Performance Incentive Maximum Bonus for the Fiscal Year and (b) the Executive’s Performance Achievement Factor for the Fiscal Year.
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Examples of Personal Performance Incentive Bonus in a sentence

  • Provided Executive remains an employee of Corporation through at least March 31, 2007, Corporation will pay Executive a bonus under the Incentive Plan equal to the sum of the Corporate Performance Incentive Bonus for Fiscal 2007 and the Personal Performance Incentive Bonus for Fiscal 2007.

  • Provided Executive remains an employee of Corporation through at least March 31, 2008 (or March 31 of any subsequent Fiscal Year that begins during a Renewal Year), Corporation will pay Executive a bonus under the Incentive Plan equal to the sum of the Corporate Performance Incentive Bonus for Fiscal 2008 (or such subsequent Fiscal Year) and the Personal Performance Incentive Bonus for Fiscal 2008 (or such subsequent Fiscal Year).

  • Provided Executive remains an employee of Corporation through at least March 31, 2006, Corporation will pay Executive a bonus under the Incentive Plan equal to the sum of the Corporate Performance Incentive Bonus for Fiscal 2006 and the Personal Performance Incentive Bonus for Fiscal 2006.

  • Provided Executive remains an employee of Corporation through at least March 31, 2009 (or March 31 of any subsequent Fiscal Year that begins during a Renewal Year), Corporation will pay Executive a bonus under the Incentive Plan equal to the sum of the Corporate Performance Incentive Bonus for Fiscal 2009 (or such subsequent Fiscal Year) and the Personal Performance Incentive Bonus for Fiscal 2009 (or such subsequent Fiscal Year).

  • Provided Executive remains an employee of Corporation through at least March 31, 2008, Corporation will pay Executive a bonus under the Incentive Plan equal to the sum of the Corporate Performance Incentive Bonus for Fiscal 2008 and the Personal Performance Incentive Bonus for Fiscal 2008.