Example ContractsClausesbonus and incentive compensationVariants
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Annual Incentive. Employee shall receive an annual incentive bonus opportunity payable each September after the close of the fiscal year, at a target of 55% of base compensation and variable from 0% to 200% of target based on the achievement of certain financial metrics set by the Compensation Committee of the Board of Directors of the Employer. For fiscal year only, Employer agrees to pay no less than the Employee’s target bonus pro-rated from her start date.

Annual Incentive.Incentive Compensation. Employee shall receive an annual incentive bonus opportunity payable each September after the close of the fiscal year, at a target of 55%40% of base compensation and variable from 0% to 200% of target based on a combination of the achievement of certain financial metrics and individual performance against individual strategic goals set by the Compensation Committee of the Board of Directors of the Employer. For fiscal year only, Employer agrees to pay, ( through ) the Employee shall receive an annual incentive of no less than the Employee’s target bonus pro-rated from her start date.100% target, based on results achieved, which will be pro-rated to the Effective Date.

Annual Incentive.Incentive Compensation. Employee shall receive an annual incentive bonus opportunity payable each September after the close of the fiscal year, at a target of 55%30% of base compensation and variable from 0% to 200% of target based on a combination of the achievement of certain financial metrics and individual performance against individual strategic goals set by the Compensation Committee of the Board of Directors of the Employer. For fiscal year only, Employer agrees to pay, ( through ) the Employee shall receive an annual incentive of no less than the Employee’s target bonus pro-rated from her start date.100% target, based on results achieved, which will be pro-rated to the Effective Date.

Annual Incentive.Discretionary Incentive Bonus Opportunity. Employee shall receive an annualwill have a graduated annual, cash incentive bonus opportunity payable each September after the close of the fiscal year,100% of Base Salary for performance at a target of 55% of base compensation(and less or no bonus for performance less than target) and variable from 0%up to 200% of target based onBase Salary (or such higher percentage as the achievementCompensation Committee may determine) for performance in excess of certaintarget. Performance will be measured against annual financial metrics settargets approved by the Compensation Committee which, in the Compensation Committee’s 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 BoardCompensation Committee, and such bonus amounts will be paid in cash within 2-1/2 months after the end of Directors of the Employer. Foreach fiscal year only, Employer agrees to pay no less than the Employee’s target bonus pro-rated from her start date.year.

Annual Incentive. Employee shall receiveIncentive Bonus. Following the end of each fiscal year and subject to the approval by the Company’s Board of Directors in its sole discretion, you will be eligible to earn 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 payable each September aftershall be up to 40% of your base salary. Because of your start date, in accordance with the close ofCompany’s policy, the fiscal year, atfirst year you will be eligible for a target of 55% of base compensation and variable from 0% to 200% of target based on the achievement of certain financial metrics set by the Compensation Committee of the Board of Directors of the Employer. For fiscal year only, Employer agrees to pay no less than the Employee’s target bonus pro-rated from her start date.is 2023.

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