Bonus Payment

Example Definitions of "Bonus Payment"
Bonus Payment. In the case of a Tier Two Participant, one annual bonus payment as calculated under the Bonus Plan applicable to the Participant in effect prior to the Change of Control and adjusted as provided in the next sentence. In making the calculations under the Bonus Plan, the Participant's "Base Salary" (as defined therein) shall be the annual rate in effect immediately prior to the date of Termination or the effective date of the Change of Control, whichever is higher, and the applicable "Bonus... Factor" (as defined therein) in each case shall be 1.0 without regard to the Company's actual performance under the performance measures during the measurement period. View More
Found in Cummins Inc. contract
Bonus Payment. In the case of an Officer or a Tier Two Participant, Key Employee, one annual bonus payment in the amount of the Participant's Target Bonus payment as calculated under under, and payable at the times contemplated in, the Company's Target Bonus Plan applicable to the Participant ('Bonus Plan') in effect prior to the Change of Control and adjusted as provided in the next sentence. In making the calculations under the Bonus Plan, the Participant's "Base Salary" 'Base Salary' (as defined therein)... shall be the annual rate in effect immediately prior to the date of Termination or the effective date of the Change of Control, whichever is higher, and the applicable "Bonus Factor" 'Bonus Factor' (as defined therein) in each case shall be 1.0 without regard to the Company's actual performance under the performance measures during the measurement period. View More
Found in Cummins Inc. contract
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Bonus Payment. The meaning assigned to such terms in 31 C.F.R. ยง30.1
Found in HAWTHORN BANCSHARES, INC. contract
Bonus Payment. The sum of (a) a pro-rated portion of your target bonus amount for the year in which your Separation occurs and (b) 100% of your target bonus amount for the year in which your Separation occurs.
Found in Tarsus Pharmaceuticals, Inc. contract
Bonus Payment. The amount of cash payment for such Target Valuation Milestone determined as set forth in Section 4.1
Found in CASSAVA SCIENCES INC contract
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