Variable Compensation Plan definition

Variable Compensation Plan means the Variable Compensation Plan of the Company, authorized under the Incentive Compensation Plan and which provides for awards in the form of annual cash bonuses, and any successor plan.

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Variable Compensation Plan means that certain post-Effective Date director and officer variable compensation plan to be approved and implemented by the New Board as set forth in Article IV of the Plan, substantially in the form set forth in the Plan Supplement.

Variable Compensation Plan means Socket Mobile Inc.’s 2019 Management Incentive Variable Compensation Plan, as amended, that detail conditions under which a Management Employee may receive additional compensation.

Examples of Variable Compensation Plan in a sentence

• In addition to the Annual Base Salary, the Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the "Annual Bonus") in cash at least equal to the Executive's target bonus most recently established before the Effective Date under the Company's Variable Compensation Plan, or under any successor plan (the "Target Bonus").

• In order to be entitled to a payment pursuant to this Section 4(b), the Executive must have been a participant in the Company’s Variable Compensation Plan at some time during the calendar year in which the Change in Control occurred or the calendar year immediately preceding the calendar year in which the Change in Control occurred.

• The Base Salary shall be payable in accordance with the Company’s regular payroll practices, and the pro rata variable compensation payments shall be payable at the time that other variable compensation payments are made under the applicable Variable Compensation Plan.

• If a conflict arises between this Agreement and the Variable Compensation Plan, the terms and conditions of the Variable Compensation Plan shall govern.

• While on medical leave, the Executive shall not be entitled to any compensation, including compensation under the Variable Compensation Plan.

More Definitions of Variable Compensation Plan

Variable Compensation Plan means that certain compensation plan Date in the form set forth in the Plan Supplement to be adopted as of the Effective Date.

Variable Compensation Plan means the Praxair, Inc. Variable Compensation Plan, the Praxair, Inc. Mid-Management Variable Compensation Plan, and successors to such plans, all as amended from time to time.

Variable Compensation Plan means the 2002 Praxair, Inc. Variable Compensation Plan, as may be amended from time to time, or any successor variable compensation plan adopted by Praxair.

Variable Compensation Plan means the Fifth Third Variable Compensation Plan.

Variable Compensation Plan means the Linde plc Annual Variable Compensation Plan and successors to such plans, all as amended from time to time.

Variable Compensation Plan means the Linde plc Annual Variable Compensation Plan, Effective January 1, 2019, as may be amended from time to time, or any successor variable compensation plan adopted by the Company.

Variable Compensation Plan means any variable compensation plan or other annual award plan adopted by the Company. A Covered Employee may participate in more than one Variable Compensation Plan.