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. 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.
Additional Cash Compensation. Executive shall be entitled to receive a bonus calculated as follows:
(a) For the fiscal year ending June 30, 1999, Executive shall receive a bonus equal to one half the percentage of Base Salary equal to the percentage that fully diluted pre-tax earnings per share is in excess of $.20 up to 100% (if pre-tax earnings per share is $.25, then the bonus would be 10% of base salary). Executive shall not be entitled to a bonus if earnings per share is less than $.20.
(b) For the fiscal year ending June 30, 2000 and future years, the bonus will be equal to a percentage of Base Salary equal to the percentage increase in fully diluted pre-tax earnings per share over the prior fiscal year up to 100% of Base Salary, provided that the base for the bonus computation for any year cannot increase more than 100% from the prior year even if fully diluted pre-tax earnings per share increases by more than 100% (i.e., if the fully diluted pre-tax earnings per share for 2000 was $.40 and for 2001 was $1.00, the base for bonus computation purposes will be $.80 or 100% of the prior year), provided further, that if fully diluted earnings per share decreases from the prior year base, then no bonus is payable.
(c) Executive's bonus shall be paid no later than ten business days after the Company files its Annual Report on Form 10-K with the Securities and Exchange Commission if the Company is a public company, and if not a public company, within ten business days of the completion of its annual audit.
(d) Executive shall also be entitled to receive such additional increments in base salary and performance or merit bonuses as shall be determined from time to time during the Term by the Board (collectively, "Bonus").
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 Executive shall also be entitled to receive such performance or merit bonuses (collectively, a “Bonus”) as shall be determined from time to time during the Term by the Board or a designated committee of the Board.
