Common use of Additional Paragraph Clause in Contracts

Additional Paragraph. Paragraph 13 of the Employment Agreement is -------------------- hereby amended by the addition of the following paragraph at the end of the current Paragraph 13. "For purposes of this Agreement, "average percentage bonus over the past five years" shall mean the average percentage bonus received by Employee for the five years preceding the year of termination (or for such lesser period in which bonus payments were

Appears in 1 contract

Samples: Kaiser Ventures Inc

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Additional Paragraph. Paragraph 13 of the Employment Agreement -------------------- is -------------------- hereby amended by the addition of the following paragraph at the end of the current Paragraph 13. "For purposes of this Agreement, "average percentage bonus over the past five years" shall mean the average percentage bonus received by Employee for the five years preceding the year of termination (or for such lesser period in which bonus payments werewere received) as applied to the Employee's current annual base salary."

Appears in 1 contract

Samples: Kaiser Ventures Inc

Additional Paragraph. Paragraph 13 of the Employment Agreement is -------------------- hereby amended by the addition of the following paragraph at the end of the current Paragraph 13. "For purposes of this Agreement, "average percentage bonus over the past five years" shall mean the average percentage bonus received by Employee for the five years preceding the year of termination (or for such lesser period in which bonus payments werewere received) as applied to the Employee's current annual base salary." is substituted therefore:

Appears in 1 contract

Samples: Kaiser Ventures Inc

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Additional Paragraph. Paragraph 13 of the Employment Agreement is -------------------- hereby amended by the addition of the following paragraph at the end of the current Paragraph 13. "For purposes of this Agreement, "average percentage bonus over the past five years" shall mean the average percentage bonus received by Employee for the five years preceding the year of termination (or for such lesser period in which bonus payments werewere received) as applied to the Employee's current annual base salary."

Appears in 1 contract

Samples: Kaiser Ventures Inc

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