Base Year. The Base Year with respect to the Expansion Space shall be calendar year 2015 for purposes of the payment by Tenant of Tenants Pro Rata Share of Operating Expenses.
Plan Year This Section 4.2(b) shall apply to Company Matching Contributions made to the Plan with respect to the 2009 Plan Year. On May 15, 2009, there shall be allocated to the Company Matching Account of each eligible Participant or Former Participant as a Company Matching Contribution an amount of cash equal to the lesser of # 4% of the Participants Compensation paid between January 1, 2009 and May 15, 2009 (taking into account only Compensation earned while the Participant was eligible to participate in the Plan), and # the Participants Employee Contributions for such period. For each pay period between May 16, 2009 and December 31, 2009, there shall be allocated to the Company Matching Account of each eligible Participant or Former Participant as a Company Matching Contribution an amount of cash equal to the lesser of # 4% of the Participants Compensation paid during such pay period (taking
Plan Year Any Plan provision to the contrary notwithstanding, distributions under the Plan shall commence no later than the Participants Required Commencement Date With respect to distributions under the Plan made for the 2002 Plan Year, the Plan will apply the minimum distribution requirements of Code Section 401(a)(9) in accordance with the regulations under Code Section 401(a)(9) that were proposed on January 17, 2001, notwithstanding any provision of the Plan to the contrary This Section 9.2(a) shall remain in effect until December 31, 2002.
Plan Year. “Plan Year” means the period from January 1 through December 31.
PLAN PERIOD - The Company’s fiscal year, provided, however, that the Compensation Committee may specify a different Plan Period to meet unusual circumstances.
To pay Executive within 90 days of the Separation Date the product of $229,130 (representing 100% of the Executive’s target bonus level for the Company’s 2017 fiscal year) multiplied by the Company’s 2017 fiscal year bonus funding percentage under the Company’s Worldwide Executive Bonus Plan (which will be determined by the Compensation Committee of the Company’s Board of Directors) in satisfaction of the Executive’s bonus payment for the Company’s 2017 fiscal year.
The Company shall pay to Employee in a lump sum cash payment, within 30 days after the date of his termination, an amount equal to two times Employees total cash compensation (Base Salary plus annual cash bonus under [Section 5(a)]) for either the fiscal year of the Company most recently ended prior to the date of termination, or the preceding fiscal year, whichever is the highest total cash compensation;
Non-Equity Incentive Plan Compensation. Executive shall remain eligible to receive non-equity incentive plan compensation for the fiscal year ending April 28, 2018 under the Companys Management Incentive Compensation Plan. Executive shall not receive any other additional non-equity incentive plan compensation.
The Employer shall pay annually to the Employee the following Book Value-related incentive compensation (the “BV-Related Incentive Compensation” or “BVC”), determined as of the last day of each fiscal year of the Employer:
Because special situations occur where individual achievement may not be adequately recognized under incentive plans, the Compensation and Governance Committee (the “Committee”), at the beginning of each fiscal year, grants authority to the Chief Executive Officer to distribute additional discretionary cash and/or stock compensation up to an aggregate maximum amount to eligible participants for each particular fiscal year. For fiscal year 2016, the aggregate amount of cash compensation approved by the Committee was $500,000, and the maximum number of shares approved by the Committee was 125,000 shares of Common Stock. The stock compensation may be in the form of performance share award opportunities and/or outright grants of shares of Common Stock, all to be awarded under the Company's Amended and Restated 2003 Stock Option and Incentive Plan. Discretionary compensation is awarded based upon individual effort and is paid in amounts and at such times as the Chief Executive Officer determines, in his sole discretion. No employee has a guaranteed right to discretionary compensation in the event that performance targets are not met.
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