Supplemental Incentive Bonus definition

Supplemental Incentive Bonus means an incentive bonus that may be earned under this Plan upon the successful completion by a Participant of the Performance Criteria set forth in an Incentive Statement delivered by the Company to such Participant.
View Source

Examples of Supplemental Incentive Bonus in a sentence

  • Employee shall participate in Employer’s Annual and Supplemental Incentive Bonus Plans at a level commensurate with Employee’s position, and subject to adjustment periodically based on competitive practices of the peer group used by Employer for purposes of competitive compensation benchmarking.

  • For the avoidance of doubt, this means that, among other things, the "Supplemental Incentive Bonus Arrangement" set forth in a one page document signed by the Executive on February 28, 2008, which was part of the Offer Letter and which was referred to in Section 4(b) of the Prior Agreement, is terminated and Executive is no longer entitled to receive benefits thereunder, effective January 1, 2010.

  • Mar▇▇▇ ▇▇all become entitled to receive the $50,000 portion of the incentive bonus which is not to be paid under this Section 4(a)(2) (the "$50,000 Supplemental Incentive Bonus Amount") but only if the conditions to receipt of the $50,000 Supplemental Incentive Bonus Amount, as set forth in Section 4(g) hereof, are satisfied.