Second Additional Bonus Sample Clauses

Second Additional Bonus. In addition to all other Bonuses and the Additional Bonus, the Executive shall be entitled to receive a Second Additional Bonus of $50,000.00 and 500,000 shares of the common stock of the Company once the Company has succeeded in making sales to its second five hundred customers (1,000 customers in the aggregate).
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Second Additional Bonus. AMADEUS will pay EBOOKERS a payment of (***) within 30 days of EBOOOKERS invoice in exchange for EBOOKERS producing an additional (***) Net Segments above the current Total Target (i.e., (***) Net Segments as stated in Section 5 of the Complimentary and Amendment Agreement dated 1st of September, 2006) for a new Total Target of (***) Net Segment. In the event the new Total Target is not met at the end of the current Term (i.e., 31st of December 2009 as per the Complimentary and Amendment Agreement) then EBOOKERS will repay AMADEUS the amount of (***) per Net Segment short of the new Total Target down to the current Total Target of (***) Net Segments. The repayment obligations with respect to the Additional Bonus as described in Section 7 of the Complementary and Amendment Agreement will remain in effect for Net Segments short of the current Total Target of (***) Net Segments.
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Related to Second Additional Bonus

  • Additional Bonus Executive shall be eligible for such year-end bonus, which may be paid in either cash or equity, or both, as is awarded at the discretion of the Compensation Committee of the Board of Directors of the Company after consultation with the Company's Chief Executive Officer.

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • First Aid Allowance An employee who has been trained to render first aid and who is the current holder of appropriate first aid qualifications such as a certificate from the St. John's Ambulance or similar body shall be paid a weekly allowance of $11.50 if appointed by their employer to perform first aid duty.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.