Common use of Achievement Bonus Clause in Contracts

Achievement Bonus. The Company shall pay Executive an Achievement Bonus of up to 50% of Executive's Base Salary annually based upon achievement by the Company of its corporate goals as established and determined by the Board of Directors annually and for other achievements by the Company or the Executive during the year as approved by the Compensation Committee. The Board of Directors or Compensation Committee, as applicable, shall, in their respective sole discretion, determine whether such corporate or other goals have been attained or other achievements have occurred.

Appears in 11 contracts

Samples: Employment Agreement (Nanogen Inc), Employment Agreement (Nanogen Inc), Employment Agreement (Nanogen Inc)

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Achievement Bonus. The Company shall pay Executive an Achievement Bonus of up to 50% of Executive's ’s Base Salary annually based upon achievement by the Company of its corporate goals as established and determined by the Board of Directors annually and for other achievements by the Company or the Executive during the year as approved by the Compensation Committee. The Board of Directors or Compensation Committee, as applicable, shall, in their respective sole discretion, determine whether such corporate or other goals have been attained or other achievements have occurred.

Appears in 6 contracts

Samples: Employment Agreement (Nanogen Inc), Employment Agreement (Nanogen Inc), Employment Agreement (Nanogen Inc)

Achievement Bonus. The Company shall pay Executive an Achievement Bonus of up to 5055% of Executive's Base Salary annually based upon achievement by the Company of its corporate goals as established and determined by the Board of Directors annually and for other achievements by the Company or the Executive during the year as approved by the Compensation Committee. The Board of Directors or Compensation Committee, as applicable, shall, in their respective sole discretion, determine whether such corporate or other goals have been attained or other achievements have occurred.

Appears in 3 contracts

Samples: Employment Agreement (Nanogen Inc), Employment Agreement (Nanogen Inc), Employment Agreement (Nanogen Inc)

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Achievement Bonus. The Company shall pay Executive an Achievement Bonus of up to 5060% of Executive's Base Salary annually based upon achievement by the Company of its corporate goals as established and determined by the Board of Directors annually and for other achievements by the Company or the Executive during the year as approved by the Compensation Committee. The Board of Directors or Compensation Committee, as applicable, shall, in their respective sole discretion, determine whether such corporate or other goals have been attained or other achievements have occurred.

Appears in 2 contracts

Samples: Employment Agreement (Nanogen Inc), Employment Agreement (Nanogen Inc)

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