Amendment to the Salary Agreement. The contingent bonus set forth in the Salary Agreement, as amended by the Amendment Agreement, is hereby further amended as follows:: "In the event the Company raises $2.5 million (net of commissions) between February 1, 2005 and June 30, 2005 and in the event Employee is still employed by the Company, Employee shall receive a bonus ("Bonus") in an amount equal to $20,834 plus $4,167 times the number of full months from January 1, 2005 until the date of payment of such Bonus."
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Samples: Salary Agreement (Ants Software Inc), Salary Agreement (Ants Software Inc), Salary Agreement (Ants Software Inc)
Amendment to the Salary Agreement. The contingent bonus set forth in the Salary Agreement, as amended by the Amendment Agreement, is hereby further amended as follows:: "In the event the Company raises $2.5 million (net of commissions) between February 1, 2005 and June 30, 2005 and in the event Employee is still employed by the Company, Employee shall receive a bonus ("Bonus") in an amount equal to $20,834 18,230 plus $4,167 3,646 times the number of full months from January 1, 2005 until the date of payment of such Bonus."
Appears in 1 contract
Samples: Salary Agreement (Ants Software Inc)
Amendment to the Salary Agreement. The contingent bonus set forth in the Salary Agreement, as amended by the Amendment Agreement, is hereby further amended as follows:: "In the event the Company raises $2.5 million (net of commissions) between February 1, 2005 and June 30, 2005 and in the event Employee is still employed by the Company, Employee shall receive a bonus ("Bonus") in an amount equal to $20,834 22,917 plus $4,167 4,583 times the number of full months from January 1, 2005 until the date of payment of such Bonus."
Appears in 1 contract
Samples: Salary Agreement (Ants Software Inc)