Bonus Formula

Example Definitions of "Bonus Formula"
Bonus Formula. The formula established by the Committee pursuant to Section 6 in order to determine the Bonus amounts, if any, to be paid to Participants based upon the level of achievement of targeted goals for the selected Performance Measures. The formula may differ from Participant to Participant. The Bonus Formula shall be of such a nature that an objective third party having knowledge of all the relevant facts could determine whether the targeted goals for the Performance Measures have been achieved
Found in United Therapeutics Corp contract
Bonus Formula. The As to any Performance Period, the formula established by the Committee pursuant to Section 6 of this Plan in order to determine the Bonus amounts, if any, to be paid to Participants based upon the level of achievement of targeted goals for the selected Performance Measures. The formula may differ from Participant to Participant. Participant or business group to business group. The Bonus Formula shall be of such a nature that an objective third party having knowledge of all the relevant... facts could determine whether the targeted goals for the Performance Measures have been achieved achieved. View More
Found in HARRIS TEETER SUPERMARKETS, INC. contract
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