Additional Cash Compensation. Executive shall also be entitled to receive such increments in base salary and performance or merit bonuses (collectively "Bonus") as shall be determined from time to time during the Term by the Board.
Additional Cash Compensation. During Executive's employment, Executive shall be eligible to receive annual bonuses which, in the discretion of the Board, are payable to executive management. Annual bonuses will be based on achievement against goals established for the senior executive officer group including Executive by the Board in consultation with the Executive.
Additional Cash Compensation. During the Employment Term, Executive shall participate in the Company’s annual bonus pool, as determined by the Chairman of the Board, but not in an amount less than 10% of the bonus pool awarded to management, or such additional amount as determined by the Board.
Additional Cash Compensation. The Company shall pay Executive ---------------------------- the following compensation in addition to Executive's Base Salary upon the Company's attainment of one or more earnings or income levels (collectively, the "Additional Cash Compensation"). This additional compensation shall be computed on an annual basis at the close of the Company's fiscal year and paid to Executive within ten days of completion of the annual audit.
Additional Cash Compensation. Executive shall be entitled to receive a bonus calculated as follows:
Additional Cash Compensation. During Executive’s employment, Executive shall be eligible to receive annual bonuses under an Annual Incentive Program, which, in the discretion of the Board, are payable to executive management. The Annual Incentive Program and the Long-Term Incentive Program will be based on the Board’s evaluation of achievement against goals established for the senior executive officer group, including Executive, which will include the Company’s performance versus metrics established by the Board, the performance of the Company’s stock during the vesting period of any equity- based award, and subjective considerations. Neither the Annual Incentive Program nor the Long-Term Incentive Program are guaranteed to be paid in full or in part. 2.3
Additional Cash Compensation. The Company agrees to pay you an additional cash payment of $100,000 which shall be paid out in quarterly installments of $12,500 as of the Departure Date, over two (2) years, with the first quarterly payment being made within five (5) days after the Effective Date.
Additional Cash Compensation. The Executive shall also be entitled to receive such increments and base salary and performance or merit bonuses (collectively, “Bonus”) as shall be determined from time to time during the Term by the Compensation Committee of the Board or by the Board. Any Bonus relating to a calendar year or other period shall be paid by the 15th day of the second month following the end of the calendar year or other period to which such bonus relates.
Additional Cash Compensation. Executive shall receive a one-time payment of $20,000 to compensate Executive for moving expenses and as a signing bonus. In addition, during Executive's employment, Executive shall be eligible to receive annual bonuses which, in the discretion of the Board, are payable to executive management. Annual bonuses will be based on achievement against goals established for the senior executive officer group including Executive by the Board in consultation with the Executive.
Additional Cash Compensation. The Company acknowledges that Xxxxxxx sits on four (4) other boards of directors. Although Xxxxxxx has no conflict of interest and does not anticipate that any time conflicts will arise from these board seats which will interfere with his duties to the Company at the present time, either such conflict may arise in the future. In the event of either such conflict, Xxxxxxx shall resolve the conflict in favor of the Company. Should the Company’s Board of Directors require that Xxxxxxx resign from one or more of these boards, other than as a result of a conflict of interest or time conflicts which interfere with his duties to the Company, the Company shall pay Xxxxxxx a single lump sum payment equivalent to the annual compensation that Xxxxxxx would have received from each board from which the Board of Directors requires that he resign.
