Bonus Legal Definition Of Bonus Legal Dictionary 2020 // clqc777.com

What is BONUS? definition of BONUS Black's Law Dictionary.

BONUS, contrads. A premium paid to a grantor or vendor; as, e. g. the bank paid a bonus to the state for its charter. A consideration given for what is received. A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856. What is BONUS? A gratuity. A premium paid to a grantor or vendor. An extra consideration given for what is received. Any premium or advantage; an occasional extra dividend. A premium paid by a company for a charter or other franchises. Legal definition for BONUS: A gratuity. A premium paid to a grantor or vendor. An extra consideration given for what is received. Any premium or advantage; an occasional extra dividend. A premium paid. Bonus means an amount equal to the highest annual cash bonus paid or payable to Executive by the Company during the two-year period prior to Executive’s termination of employment. BONUS, contrads. A premium paid to a grantor or vendor; as, e. g. the bank paid a bonus to the state for its charter. A consideration given for what is received.

Definition of PERFORMANCE BONUS: A compensation provided for work that is done above the standard expectations. Commonly, a performance bonus is offered as an incentive to the employees The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed. A predetermined bonus that is stated in the agreement that has to be paid upon fulfillment of certain criteria. In contrast to the discretionary bonus, this bonus is paid at regular intervals and is usually a percentage or a fixed amount as stated in the contract.More On This Topic. Bonus Pay Law and Legal Definition Bonus pay is used by employers to recognize and reward employee contributions, improve morale, and increase productivity. However, employers need to develop their bonus programs carefully. bonus shares shares allotted free to existing members of the company, usually in proportion to their existing shareholdings, and paid up by an accounting transfer to share capital account from profit and loss account, revaluation reserve, share premium account or capital redemption reserve. Bonus means an amount equal to one-half of the total of all cash bonuses whether paid or deferred awarded to Executive by the Company with respect to i the two most recent calendar years ending prior to Executive’s termination of employment or ii if greater, the two most recent calendar years ending prior to the Change of Control.

Envy bonus means an [additional] available supplementary fixed sum payout made to a player who placed a progressive payout wager when another player at the let it ride poker progressive table is the holder of an envy bonus qualifying hand. A player is entitled to multiple envy bonuses if more than one other player is the holder of an envy bonus qualifying hand; provided, however, that a player. Bonus Pool means the amount of funds that shall be transferred to a separate bookkeeping account held by the Company, to be allocated and paid to Participants in accordance with Article V. The Bonus Pool is only funded to the extent that the Gross Sales Price for any Property equals or exceeds the Adjusted Appraised Value of such Property. Legal definition of stock bonus plan: a form of deferred compensation that is funded by employer contributions of corporate securities with dividends usually reinvested. a form of deferred compensation that is funded by employer contributions of corporate securities with dividends usually reinvested.

Bonus, bounty, premium refer to something extra beyond a stipulated payment. A bonus is a gift to reward performance, paid either by a private employer or by a government: a bonus based on salary;. bonus - Legal Definition Wages paid in addition to the compensation ordinarily given or required under an employment contract. A bonus is payment for services such as for recognition of exceptional work performance or on consideration, and is neither gift nor gratuity.Anything given or provided. Define Ratification Bonus. means a sum equal to: i the number of UMWA members who were eligible to and did vote on the initial collective bargaining agreement between Warrior Met Coal Mining, LLC and the UMWA, which was ratified on February 16, 2016 the “UMWA Agreement”, regardless of whether such UMWA member voted to approve or reject the UMWA Agreement, multiplied by ii $1,000, subject to. Hiring Bonus Law and Legal Definition A hiring bonus is an extra amount of money provided at time of hire as an incentive to an applicant to accept a job offer or to make up for compensation forfeited at the previous company.

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