2020 Bonus Program Sample Clauses

2020 Bonus Program. The Company agrees that Executive will remain eligible to receive an award of fully vested Company restricted stock units in 2021 pursuant to the terms and conditions of the Company’s 2020 bonus program established by the Company’s Board of Directors (the “Board”) on February 20, 2020 (the “2020 Bonus Program,” and such restricted stock units, the “2020 Bonus RSUs”), subject to Executive remaining a “Service Provider” (as such term is defined in the 2016 Plan) through the date of grant of the 2020 Bonus RSUs. For the avoidance of doubt, the determination of whether to grant the 2020 Bonus RSUs and the number of Shares subject to such 2020 Bonus RSUs will be determined by the Board in good faith in its sole discretion in accordance with the terms and conditions of the 2020 Bonus Program.
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Related to 2020 Bonus Program

  • Bonus Program You will be eligible for an annual target bonus of forty percent (40%) of your annual base salary, as determined by the Board in its sole discretion based upon, among other things, the achievement of pre-determined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates.

  • Bonus Programs Employee may participate in any incentive program which may be made available from time to time to Corporation’s employees at Employee’s level; provided, however, that Employee’s participation is subject to the applicable terms, conditions and eligibility requirements of the program, as they may exist from time to time.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • 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.

  • Bonus Plan Such bonus, if any, as shall be determined upon the recommendation of the CEO by the Board (or any designated Committee of the Board comprised solely of independent directors), shall be paid in accordance with the terms and conditions of the bonus plan established for the Company (“Bonus Plan”).