•Your cash bonus opportunity is 80% of your annual base salary. The achievement of the cash bonus will be dependent upon Company and individual performance and can range from 0% to 200% of target. Bonuses are determined after year-end, subject to approval by the Compensation Committee, and are typically paid in February. Your first eligible cash bonus opportunity will be for fiscal year 2024, which, if performance is achieved, will be paid in February 2025. You will not be eligible to receive a cash bonus for performance in fiscal year 2023.
•You will also be eligible to participate in our discretionary annual bonus program. Your cashstandard bonus opportunity is 40% of your annual base salary. In a typical year, your bonus percent can range from 0% to 80% of your annual base salary. The achievement of the cash bonus will be dependent uponsalary depending on Company and individual performance and can range from 0% to 200% of target.performance. Bonuses are determined after year-end, subject to approval by the Compensation Committee,end and are typicallynormally paid out in February. Your first eligible cashAny bonus opportunity will be for fiscal year 2024, which, if performance is achieved, will be2022 bonus, paid in February 2025. You2023, will not be eligible to receive a cash bonus for performance in fiscal year 2023. prorated if you begin your employment on or before February 7, 2022.
•You will also be eligible to participate in our annual discretionary performance bonus program. Your cashstandard bonus opportunity is 80%50% of your annual base salary. The achievement of the cashIn a typical year, your bonus will be dependent upon Company and individual performance andpercent can range from 0% to 200%100% of target.your annual base salary depending on Company and individual performance. Bonuses are determined after year-end, subject to approval by the Compensation Committee,end and are typicallynormally paid out in February. Your first eligible cashContingent on your employment beginning by no later than August 27, 2018, your bonus opportunityfor 2018 will be for fiscal year 2024, which, if performance is achieved, willguaranteed at $162,500 to be paid in February 2025. You will not be eligible to receive a cash bonus for performance in fiscal year 2023. of 2019.
•Your cash bonus opportunity is 80%Annual Incentive Bonus. Following the end of your annual base salary. The achievement of the cash bonus will be dependent upon Companyeach fiscal year and individual performance and can range from 0% to 200% of target. Bonuses are determined after year-end, subject to the approval by the Compensation Committee, and are typically paidCompany’s Board of Directors in February. Your first eligible cash bonus opportunityits sole discretion, you will be for fiscal year 2024, which, if performance is achieved, will be paid in February 2025. You will not be eligible to receiveearn an incentive bonus, based on your performance and the Company’s performance, each during the applicable fiscal year, and subject to your continued employment in good standing on the date of payment of such incentive bonus. Your target annual incentive bonus opportunity shall be up to 40% of your base salary. Because of your start date, in accordance with the Company’s policy, the first year you will be eligible for a cash bonus for performance in fiscal yearis 2023.
•YourAs a participant in the Company's annual incentive plan, you will be eligible to receive an annual cash bonus (the "Annual Bonus") provided threshold performance goals are achieved. Your annual target incentive opportunity is 80%will be 75% of your annual base salary. The achievement of the cash bonussalary and your annual maximum incentive opportunity will be dependent upon Company and individual performance and can range from 0% to 200%100% of target. Bonuses are determined after year-end,your annual base salary, in each case, subject to approvalperformance goals, terms and conditions established by the Compensation Committee, and are typically paid in February. Your first eligible cash bonus opportunityCommittee. You will be eligible for a target incentive opportunity for your first year of employment which shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year 2024, which, if performance is achieved, will be paid in February 2025. You will not be eligible to receive a cash bonus for performance induring the following fiscal year 2023. at the same time as the annual incentives are paid generally to other members of the executive team, provided that you are actively employed on the payment date.
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