Bonus Calculation Clause Samples

Bonus Calculation. The pro rata bonus pursuant to Section 3(b) (if any) payable to Executive pursuant to Section 6(a), (b) or (d) shall be calculated at the end of the fiscal year in question and be determined based on the portion of such fiscal year Executive was employed by Company pursuant to this Agreement and whether or not the Company obtained its EBITDA Target and other operating targets for such fiscal year.

Bonus Calculation. The Board shall determine the amount of pro-rated bonus due to the Executive under Section 3(b) hereof for the fiscal year in which any termination of employment occurs pursuant to Section 4(a) (b), (d) or (e) by calculating the bonus that would have been paid to the Executive as if he had remained employed through the end of the fiscal year and multiplying that amount by the number of days of such fiscal year during which the Executive was employed by the Company divided by 365 days.

Bonus Calculation. The bonuses are based on business performance metrics and a sliding scale weighting distribution.

Bonus Calculation. Bonus will be based on the achievement of annual ----------------- Company earnings before interest, taxes, depreciation and amortization ("EBITDA"). The goals for the year will be set by Company in its sole and absolute discretion. If Company achieves any sum within the target ranges set forth below, Executive will receive a payment equivalent to the specified bonus percentage of that amount. See chart below: EBITDA Bonus 0 to 500,000 10% 501,000 to 1,000,000 12% 1,000,000 to 2,000,000 14% 2,000,000 and over 15%

Bonus Calculation. The pro rata bonuses pursuant to Section 3(c) payable to the Executive pursuant to Section 4(a), (b), (d), or (e) shall include any unpaid bonuses for the prior fiscal year. The pro rata bonuses for the fiscal year in which the termination occurs will be calculated at the end of the fiscal year in question according to the following method. The Company and/or Board shall determine the amount that would have been paid to the Executive as if he had remained employed through the end of the fiscal year and multiply that amount by the number of days of such fiscal year during which the Executive was employed by the Company divided by 365 days.

Bonus Calculation. The Annual Bonus awarded to Exec for each year during the term of this Agreement shall be calculated in accordance with the following objectives:

Bonus Calculation. Whenever the Company is required to make payments to the Executive under this Section or Sections 4 and 7 below, if such payments include bonus payments for a period or periods of time which have not yet occurred, Executive will be paid his Annual Bonus at no less than 100% of the average amount of such Annual Bonus paid to Executive in the preceding two years.

Bonus Calculation. The amount of the Bonus Pool for any Bonus Period shall be determined as follows, subject always to Section 3.01(c) of Participant's Employment Agreement and the definition of "Bonus Pool" set forth above: (a) in the event Theater Level Cash Flow is less than 80% of Targeted Theater Level Cash Flow, there shall be no Bonus Pool; (b) in the event Theater Level Cash Flow is 80% or more but less than 90% of Targeted Theater Level Cash Flow, the Bonus Pool shall be an amount equal to 50% of the Base Bonus Pool; (c) in the event Theater Level Cash Flow is 90% or more but less than 100% of Targeted Theater Level Cash Flow, the Bonus Pool shall be an amount equal to 75% of the Base Bonus Pool; and (d) in the event Theater Level Cash Flow is 100% or more of Targeted Theater Level Cash Flow, the Bonus Pool shall be an amount equal to 100% of the Base Bonus Pool. Notwithstanding the foregoing, the minimum bonus for 1998 shall be $50,000 regardless of Theater Level Cash Flow achieved. In subsequent years, a minimum bonus will be paid as set forth in Section 3.01(c) of Participant's Employment Agreement; provided that if Theater Level Cash Flow equals or exceeds Targeted Theater Level Cash Flow, then Participant's minimum bonus will be the greater of $50,000 or the Bonus Pool calculated pursuant to Section IV above (subject to proration for partial years).

Bonus Calculation. If actual EBITDA for a Measuring Period is more than the Threshold EBITDA but less than 150% of Threshold EBITDA for that Measuring Period, the following formula shall be used in calculating the bonus to be paid to the Executive for the Measuring Period: Where: X is 25% times 250,000, or 62,500 Y is Actual EBITDA minus Threshold EBITDA, and Z is (1.5 times Threshold EBITDA) minus Threshold EBITDA Or, expressed numerically: