Salary & Bonus means additional monies granted to teachers maintaining National Board certification subject to the availability of funds specifically appropriated by the Legislature to the State Board of Education for that purpose;

Salary & Bonus means, as of the effective date of the termination of Executive's employment with Company and its Affiliates, the sum of: (1) Executive's highest annual rate of salary at any time during the preceding 24 months, and (2) Executive's average annual bonus under Company's executive incentive compensation plan for the preceding three fiscal years (or such lesser number of full fiscal years of Executive's employment with Company and/or an Affiliate). If Executive's employment terminates during the same fiscal year of Company in which such employment begins, then the bonus component of Executive's Salary & Bonus will be Executive's annualized target bonus for such year.

Salary & Bonus has the meaning set forth in Section 12(c).

Examples of Salary & Bonus in a sentence

Compensation Objective Base Salary + Bonus Target = Short-Term Compensation Objective An individual's short-term compensation objective will be based on salary plus a bonus, expected to be earned if agreed-upon performance targets are met.
Name and Principal Position Year Salary ($) Bonus ($) Stock Awards ($)(1) Option Awards ($)(2) Non-Equity Incentive Plan Compensation ($) All Other Compensation ($) Total ($) Elon Musk 2018 56,380 — — 2,283,988,504(3) — — 2,284,044,884 Chief Executive Officer 2017 49,920 — — — — — 49,920 2016 45,936 — — — — — 45,936 Jeffrey B.
Named Executive Officer Termination or Change in Control Event Salary ($) Bonus ($) Benefits ($) Equity Acceleration ($) Total ($) Paul B.
Name and Princi- pal Position Year Salary ($) Bonus ($) During the fiscal periods ended March 31, 2017 and 2016, the director did not receive any payment of compensa- tion as a result of our limited cash flow.
Compensation Objective ---------------------- Base Salary + Bonus Target = Short-Term Compensation Objective An individual's short-term compensation objective will be based on salary plus a bonus, expected to be earned if agreed-upon performance targets are met.

More Definitions of Salary & Bonus

Salary & Bonus means, as of the effective date of the termination of Mx. Xxxxxx’x Employment with the Company and its Affiliates, the sum of: (1) Mx. Xxxxxx’x highest annual rate of salary at any time during the preceding 24 months, and (2) Mx. Xxxxxx’x average annual bonus for the two preceding calendar years.

Salary & Bonus means additional monies granted to teachers

Salary & Bonus means, as of the effective date of the termination of Executive’s Employment with Company and its Affiliates, the sum of: (1) Executive’s highest annual rate of salary at any time during the preceding 24 months, and (2) Executive’s average annual bonus for the two preceding calendar years. If the number of preceding years of Executive’s Employment is less than two, then the bonus component of Executive’s Salary & Bonus will be equal to bonus earned during the calendar year preceding the date of Executive’s termination of Employment; and, if the Executive has not completed at least a full calendar year of Employment, the bonus component of Executive’s Salary & Bonus will be zero.

Salary & Bonus has the meaning set forth in Section 3(c).

Salary & Bonus means, as of the effective date of the termination of Executive’s Employment with Company and its Affiliates, the sum of:

Salary & Bonus means additional monies granted to eligible

Salary & Bonus means, as of the effective date of the termination of Mr. Fadel’s Employment with the Company and its Affiliates, the sum of: (1) Mr. Fadel’s highest annual rate of salary at any time during the preceding 24 months, and (2) Mr. Fadel’s target bonus amount for the calendar year in which such termination occurs.