Annual. After the end of each fiscal year of Regional, and in any event within 120 days thereafter, # balance sheets and # statements of income of Regional and its Subsidiaries, prepared on a consolidated basis including a Special Purpose Subsidiary; together with:
“Target Annual Bonus” means, with respect to any Participant, the Participant’s target bonus opportunity under the Company’s annual incentive plan applicable to the Participant.
Cash Bonus. The parties shall defer payment of the Annual Bonus for 2019 as calculated by [Section 3(b)] to December 31, 2020, which Annual Bonus shall accrue on the books and records of the Company.
Annual Bonus. During the Term, the Executive shall be entitled to participate in the Companys executive bonus plan, under which a discretionary bonus (the Annual Bonus) may be awarded by the Board for each calendar year, payable in cash in accordance with, and subject to the terms and conditions of, the Companys then applicable short-term bonus or other cash incentive program (each, a Bonus Program). The Executives aggregate target bonus award for each calendar year will be 30% of his then Base Salary (the Target Annual Bonus). The Executives actual Annual Bonus may range from a minimum amount of 0% to a maximum of 30% of his Base Salary, and will be determined by the Company and will be contingent upon the attainment of performance goals reasonably established in good faith by the Company. The target date for any Annual Bonus compensation payable to the Executive shall be March 15 of the calendar year following the calendar year to which such Annual Bonus relates, subject to the approvals required above. Such Annual Bonuses, if any, are awarded in part to incentivize the Executive to remain in the Companys employ, therefore it is a condition of any award that the Executive remain employed by the Company through the date the Annual Bonus is paid, except as set forth in Section 5 herein.
Annual Bonus: The amount awarded an Executive under the Company’s annual bonus program, subject to the provisions and limitations contained in [Section 1.1(l)] of the Plan.
“4 (b). Annual Bonus. For each fiscal year ending during Executive’s employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 100% percent of Executive's Base Salary for the applicable fiscal year.”
“Annual Incentive Award” means an annual performance bonus determined under this Plan.
[[Employee:Person]] will be paid the following cash bonus based on the annual growth of RoxSan sales. The bonus will be calculated as follow:
You will be eligible to receive an annual bonus of Seventy Thousand Dollars ($70,000). Such bonus will be earned by completing goals that will be established and evaluated by the CEO and/or Board of Directors on an annual basis. You must be employed on the day that bonuses are paid in order to be eligible for a bonus. For calendar year 2014, the bonus will be pro-rated to your start date.
Further, you will be eligible to receive a one-time bonus payment as set forth below, which we expect will be paid concurrent with any annual bonus compensation paid under the Company’s annual cash incentive program and will be less applicable deductions and tax withholdings:
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