Annual Discretionary Incentive Bonus Opportunity. Employee will have a graduated annual, cash incentive bonus opportunity of 100% of Base Salary for performance at target (and less or no bonus for performance less than target) and up to 200% of Base Salary (or such higher percentage as the Compensation Committee may determine) for performance in excess of target. Performance will be measured against annual financial targets approved by the Compensation Committee which, in the Compensation Committees discretion, may be intended to qualify the cash incentive bonus as performance-based compensation under Code Section 162(m). Actual bonus amounts paid for particular levels of performance will be as determined by the Compensation Committee, and such bonus amounts will be paid in cash within 2-1/2 months after the end of each fiscal year.
Annual Discretionary Incentive Bonus Opportunity.Compensation: Employee will have a graduated annual, cashbe eligible to receive an annual discretionary incentive bonus opportunity of 100% of Base Salary for performance at target (and less or no bonus for performance less than target) and up to 200% of Base Salary (or such higher percentage as the Compensation Committee may determine) for performance in excess of target. Performance will be measured against annual financial targets approved by the Compensation Committee which,compensation in the Compensation Committees discretion, mayform of a cash bonus (a “Bonus”), which would be intendedin addition to qualifySalary. Whether the cash incentive bonus as performance-based compensation under Code Section 162(m). Actual bonus amounts paidBonus is granted for a particular levels of performanceyear, and the amount thereof, will be as determined by the Compensation Committee, and such bonus amountsCommittee in its sole discretion based upon the performance of Employee. The target amount the Bonus for each year will be paid150% of Base Salary, participating in cash within 2-1/2 months after the end of each fiscal year.first incentive compensation cycle on a prorated basis based on start date, or as otherwise determined by the Committee as appropriate.
Annual Discretionary Incentive Bonus Opportunity.Compensation. Employee will have a graduated annual, cashshall receive an annual incentive bonus opportunity payable each September after the close of 100%the fiscal year, at a target of Base Salary for performance at target (and less or no bonus for performance less than target)30% of base compensation and upvariable from 0% to 200% of Base Salary (or such higher percentage astarget based on a combination of the Compensation Committee may determine) forachievement of certain financial metrics and individual performance in excess of target. Performance will be measured against annual financial targets approvedindividual strategic goals set by the Compensation Committee which, inof the Compensation Committees discretion, may be intended to qualifyBoard of Directors of the cashEmployer. For fiscal year 2017, (July 1, 2016 through June 30, 2017) the Employee shall receive an annual incentive bonus as performance-of no less than the pro-rated 100% target, based compensation under Code Section 162(m). Actual bonus amounts paid for particular levels of performanceon results achieved, which will be as determined bypro-rated to the Compensation Committee, and such bonus amounts will be paid in cash within 2-1/2 months after the end of each fiscal year.Effective Date.
Annual Discretionary Incentive Bonus Opportunity.Compensation. Employee will have a graduated annual, cashshall receive an annual incentive bonus opportunity payable each September after the close of 100%the fiscal year, at a target of Base Salary for performance at target (and less or no bonus for performance less than target)40% of base compensation and upvariable from 0% to 200% of Base Salary (or such higher percentage astarget based on a combination of the Compensation Committee may determine) forachievement of certain financial metrics and individual performance in excess of target. Performance will be measured against annual financial targets approvedindividual strategic goals set by the Compensation Committee which, inof the Compensation Committees discretion, may be intended to qualifyBoard of Directors of the cashEmployer. For fiscal year 2016, (July 1, 2015 through June 30, 2016) the Employee shall receive an annual incentive bonus as performance-of no less than the pro-rated 100% target, based compensation under Code Section 162(m). Actual bonus amounts paid for particular levels of performanceon results achieved, which will be as determined bypro-rated to the Compensation Committee, and such bonus amounts will be paid in cash within 2-1/2 months after the end of each fiscal year.Effective Date.
Annual Discretionary Incentive Bonus Opportunity. EmployeeAs a participant in the Company's annual incentive plan, you will have a graduated annual,be eligible to receive an annual cash bonus (the "Annual Bonus") provided threshold performance goals are achieved. Your annual target incentive bonus opportunity will be 75% of your annual base salary and your annual maximum incentive opportunity will be 100% of Base Salary foryour annual base salary, in each case, subject to performance at target (and less or no bonus for performance less than target)goals, terms and up to 200% of Base Salary (or such higher percentage as the Compensation Committee may determine) for performance in excess of target. Performance will be measured against annual financial targets approvedconditions established by the Compensation Committee which, in the Compensation Committees discretion, may be intended to qualify the cash incentive bonus as performance-based compensation under Code Section 162(m). Actual bonus amounts paid for particular levels of performanceCommittee. You will be as determined by the Compensation Committee, and such bonus amountseligible 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 will be paid in cash within 2-1/2 months afterduring the endfollowing fiscal year at the same time as the annual incentives are paid generally to other members of each fiscal year.the executive team, provided that you are actively employed on the payment date.
Annual Discretionary Incentive Bonus Opportunity.Incentive. Employee will have a graduated annual, cashshall receive an annual incentive bonus opportunity payable each September after the close of 100%the fiscal year, at a target of Base Salary for performance at target (and less or no bonus for performance less than target)55% of base compensation and upvariable from 0% to 200% of Base Salary (or such higher percentage astarget based on the Compensation Committee may determine) for performance in excessachievement of target. Performance will be measured against annualcertain financial targets approvedmetrics set by the Compensation Committee which, inof the Compensation CommitteeBoard of Directors of the Employer. For fiscal year 2015 only, Employer agrees to pay no less than the Employees discretion, may be intended to qualify the cash incentivetarget bonus as performance-based compensation under Code Section 162(m). Actual bonus amounts paid for particular levels of performance will be as determined by the Compensation Committee, and such bonus amounts will be paid in cash within 2-1/2 months after the end of each fiscal year.pro-rated from her start date.
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