Common use of Additional Incentive Compensation Clause in Contracts

Additional Incentive Compensation. In recognition of Xx. Xxxxxxxxxx’x past and future integral involvement in and contribution to all aspects of Immunomedics’ scientific and creative activities, the Company shall make the following payments to Xx. Xxxxxxxxxx as additional incentive compensation (“Additional Incentive Compensation”).

Appears in 3 contracts

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

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Additional Incentive Compensation. In recognition of Xx. Xxxxxxxxxx’x past and future integral involvement in and contribution to all aspects of Immunomedics’ scientific and creative activities, and in consideration for his agreement to forego his right set forth in the Amended Agreements to develop or dispose of Undeveloped Assets, the Company shall make the following payments to Xx. Xxxxxxxxxx as additional incentive compensation (“Additional Incentive Compensation”).

Appears in 2 contracts

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

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