Maximum Bonus Award

Example Definitions of "Maximum Bonus Award"
Maximum Bonus Award. Means, as to any Participant for the Performance Period, the maximum award that may be granted to the Participant under the Bonus Plan. In no event may the Maximum Bonus Award paid in respect of a calendar year exceed $2 million.
Maximum Bonus Award. The maximum Bonus Award which can be earned and paid for the Bonus Period to a Participant as determined by the Committee. The Committee may establish the Maximum Bonus Award for a Bonus Period as a set dollar amount or in such other manner as the Committee may designate, including using the same methodology for determining the Participant's Preliminary Bonus Award but using different Corporate Performance Objective(s) and/or level(s) of Corporate Performance Objective(s) and/or different... Individual Performance Factor(s) and/or levels of Individual Performance Factors than those used to determine the Aggregate Corporate Performance Bonus Multiplier for determining the Participant's Preliminary Bonus Award. Unless the Committee specifically determines otherwise, in no event may the amount of any Participant's Maximum Bonus Award exceed $3,000,000 for any Bonus Period. View More
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