Example ContractsClausesCalculation and Payment of Awards
Calculation and Payment of Awards
Calculation and Payment of Awards contract clause examples

Target Awards. The target bonus award payable to each Participant under the 2020 Cash Incentive Program shall be determined by the Compensation Committee based on the performance objectives, or key performance indicators, set forth on [Schedule A] hereto (the “Performance Goals”). The Performance Goals are designed to provide market competitive payout percentages for the achievement of the established financial goals.

Target Awards. The target bonus award payable to each Participant under the 2021 Cash Incentive Program shall be determined by the Compensation Committee based on the performance objectives, or key performance indicators, set forth on [Schedule A] hereto (the “Performance Goals”). The Performance Goals are designed to provide market competitive payout percentages for their achievement.

Target Awards. The target bonus award granted to each Participant under the 2022 Cash Incentive Program shall be determined by the Compensation Committee based on the performance objectives, or key performance indicators, set forth on [Schedule A] hereto (the “Performance Goals”). The Performance Goals are designed to provide market competitive payout percentages for their achievement.

Calculation and Payment of Awards. Bonus awards shall be calculated based on the financial results of the Corporation for the 2018 fiscal year. The bonus awards to be paid pursuant to the 2018 Incentive Program (each, an “Award”) shall be on such terms as the Compensation Committee may prescribe, based on the performance criteria set forth on [Schedule A] hereto. The target(s) for the performance criteria shall be determined by the Compensation Committee, as set forth on [Schedule A] hereto. As soon as practicable following the end of the 2018 fiscal year, the Compensation Committee shall determine and certify whether and to what extent the performance goal has been met, as well as the amount of the Award that each Participant has earned under the 2018 Incentive Program.

Calculation and Payment of Fees. All fees shall be calculated on the basis of the actual number of days elapsed in a 360-day year. All fees shall be payable in addition to, and not in lieu of, interest, compensation, expense reimbursements, indemnification and other Obligations. Fees shall be payable to the Administrative Agent at its office in New York, New York in immediately available funds. All fees shall be fully earned and nonrefundable when paid. All fees due to the Arranger or any other Lender, including, without limitation, those referred to in this Section 5.3, shall bear interest, if not paid when due, at the interest rate specified in Section 5.1(d) and shall constitute Obligations.

Subject to Section 6.3.2, commencing with the ​ following the ​, as consideration for the Promotion Services performed by BI, [[Unknown Identifier]] shall pay BI a promotion fee based on Net Sales of all Product in the Territory in each ​ during the Term (the “Sales Payment”), calculated as follows:

Calculation and Payment of Additional Rent. Commencing on the Rent Commencement Date, Tenant shall pay to Landlord, in the manner set forth in Section 4.4.1, and as Additional Rent, Tenant's Share of Direct Expenses for each Expense Year during the Lease Term.

Calculation and Payment of Additional Rent. In the event Tenant extends the Lease Term pursuant to Section 2.2 above, or otherwise, then Tenant shall pay to Landlord, in the manner set forth in Section 4.4.1 below, and as Additional Rent, Tenant’s Share of Direct Expenses for each Expense Year.

Calculation and Payment of Additional Rent. Commencing on the Lease Commencement Date, Tenant shall pay to Landlord, in the manner set forth in Section 4.4.1, below, and as Additional Rent, Tenant's Share of Direct Expenses for each Expense Year during the Lease Term.

Calculation and Payment of Additional Rent. Tenant shall pay to Landlord, in the manner set forth in Section 4.4.1, below, and as Additional Rent, Tenant's Share of Direct Expenses for each Expense Year. Notwithstanding anything to the contrary contained in this Article 4, the aggregate "Controllable Expenses" (as defined in this Section 4.4, below) included in Direct Expenses in any Expense Year after the first (1st) Lease Year shall not increase by more than five percent (5%) on an annual, cumulative and compounded basis, over the actual aggregate Controllable Expenses included in Direct Expenses for the first (1st) Lease Year. For purposes of this

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