Annual Bonus Amount

Annual Bonus Amount. Shall mean the sum of (a) the amount of the Annual Bonus, if any, paid or provided in any form (whether in cash, securities or any combination thereof) by the Company or any of its Affiliates to or for the benefit of the Executive for services rendered or labor performed during a fiscal year of the Company and (b) the amount of the discretionary bonus or other bonus paid outside of the Company's annual incentive plan, if any, paid or provided in any form (whether in cash, securities or any... combination thereof) by the Company or any of its Affiliates to or for the benefit of the Employee (it being understood that if multiple bonuses are paid for any given year, or if a bonus is made in multiple installments for a year, all such bonuses or installments shall be aggregated as a single payment for that year in determining the Annual Bonus Amount). The Executive's Annual Bonus Amount shall be determined by including any portion thereof that the Executive could have received in cash or securities in lieu of (i) any elective deferrals made by the Executive pursuant to all nonqualified deferred compensation plans or (ii) elective contributions made on the Executive's behalf by the Company pursuant to a qualified cash or deferred arrangement (as defined in section 401(k) of the Code) or pursuant to a plan maintained under section 125 of the Code. View More

Annual Bonus Amount. For any Participant, the average of the annual cash incentive awards paid to the Participant under the Halyard Health, Inc. Executive Officer Achievement Award Program or the Halyard Health, Inc. Management Achievement Award Program, as applicable, or any successor or additional plan (the "Bonus Program"), for the three years prior to the year in which the Qualified Termination of Employment occurs (or such fewer number of year for which the Participant has been employed by the Corporation, if... less than three), or, if higher, the three years prior to the year in which the Relevant Date occurred. If a Participant has not received any prior payment of annual awards, the Annual Bonus Amount under the Bonus Program will be determined as follows: (i) For a Discretionary Participant, the Annual Bonus Amount shall be based on the average dollar amount of the annual awards paid under the Bonus Program to other employees at the same grade level as the Discretionary Participant for the applicable three-year period. (ii) For an Executive Participant other than the Chief Executive Officer of the Corporation, the Annual Bonus Amount shall be based on the average dollar amount of the annual awards paid under the Bonus Program to Executive Participants (other than the Chief Executive Officer of the Corporation) for the applicable three-year period. (iii) For the Chief Executive Officer of the Corporation, the Annual Bonus Amount shall be based on the average dollar amount of the annual awards paid under the Bonus Program to the previous Chief Executive Officer(s) of the Corporation for the applicable three-year period. For the purpose of determining the Annual Bonus Amount during the period beginning on the Effective Date and ending on the third anniversary of the Effective Date (the "Initial Period"), the Annual Bonus Amount will take into account bonus awards paid to the Participant for services in an equivalent position for the most recent years under the Kimberly-Clark Corporation Executive Officer Achievement Award Program and/or the Kimberly-Clark Corporation Management Achievement Award Program, as if they had been earned under the Corporation's Bonus Program for such years. View More

Annual Bonus Amount. For any Participant, the Target-level award payable to the Participant for the year in which the Relevant Date occurred (or, if not then established, for the preceding year) or, if higher, for any subsequent year that begins before the Qualified Termination of Employment, under the Kimberly-Clark Corporation Executive Officer Achievement Award Program or the Kimberly-Clark Corporation Management Achievement Award Program, as applicable, or any successor or additional plan. Notwithstanding... anything in this Plan to the contrary, this definition may be amended at the discretion of the Committee to allow any amounts payable by the Corporation to comply with the definition of performance based compensation under section 162(m) of the Code or any successor section (including the rules and regulations promulgated thereunder). View More

Annual Bonus Amount. For any Participant, the average of the annual cash incentive awards paid to the Participant under the Halyard Health, Inc. Executive Officer Achievement Award Program or the Halyard Health, Inc. Management Achievement Award Program, as applicable, or any successor or additional plan (the "Bonus Program"), for the three years prior to the year in which the Qualified Termination of Employment occurs, or, if higher, the three years prior to the year in which the Relevant Date occurred. If a... Participant received a prorated cash incentive award during any of the prior three years, then for purposes of determining the Annual Bonus Amount, the award for such year will be deemed to be equal to the award the Participant would have received if the award had not been prorated for that year. If a Participant did not participate in the Bonus Program in each of the prior three years, then for purposes of determining the Annual Bonus Amount, the Participant will be presumed to have received an annual incentive award for each year in which he or she did not participate in the Bonus Plan equal to the Participant's target award for the year in which the Relevant Date occurs. View More