Common use of Annual Bonus Clause in Contracts

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of payment.

Appears in 5 contracts

Samples: Employment Agreement (Sienna Biopharmaceuticals, Inc.), Employment Agreement (Sienna Biopharmaceuticals, Inc.), Employment Agreement (Sienna Biopharmaceuticals, Inc.)

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Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) 40% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 5 contracts

Samples: Employment Agreement (Revolution Medicines, Inc.), Employment Agreement (Revolution Medicines, Inc.), Employment Agreement (Revolution Medicines, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive established by the Board and the CEOits Compensation Committee, such bonus to be targeted at thirty-five forty percent (3540%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board and its Compensation Committee shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of applicable payment. Executive acknowledges and agrees that nothing contained herein confers upon Executive any right to the Annual Bonus in any year, and any Annual Bonus payment including the amount therein will be determined by the Company in its sole discretion.

Appears in 5 contracts

Samples: Executive Employment Agreement (Neumora Therapeutics, Inc.), Executive Employment Agreement (Neumora Therapeutics, Inc.), Executive Employment Agreement (Neumora Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 5 contracts

Samples: Employment Agreement, Employment Agreement (Unity Biotechnology, Inc.), Employment Agreement (Unity Biotechnology, Inc.)

Annual Bonus. In addition to the Base Salary, Executive shall be eligible to may receive a discretionary annual performance bonus during each year of employment with the Company under this Agreement in an amount to be determined by the Board or the Compensation Committee of the Board (the "Annual Bonus"). Such performance bonus, if any, shall be determined by the Board, or the Compensation Committee of the Board, based on Executive’s achievement upon its evaluation of performance objectives as mutually agreed between Executive relative to the business plan and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentpertinent considerations.

Appears in 4 contracts

Samples: Employment Agreement (Indus International Inc), Employment Agreement (Indus International Inc), Employment Agreement (Indus International Inc)

Annual Bonus. Executive shall be eligible to receive a have an annual discretionary annual bonus based on Executive’s achievement opportunity of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirtyseventy-five percent (3575%) of Executive’s then-current Minimum Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will Salary, to be paid at upon satisfaction of certain criteria established by the same time annual bonuses are paid to other executives Compensation Committee of the Company generallyBoard of Directors, subject to Executive’s continuous employment through the date of paymentor by any other committee or officer having authority over executive compensation.

Appears in 4 contracts

Samples: Executive Employment Agreement (Mylan Laboratories Inc), Executive Employment Agreement (Mylan Inc.), Executive Employment Agreement (Mylan Laboratories Inc)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) 25% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 4 contracts

Samples: Employment Agreement (IDEAYA Biosciences, Inc.), Employment Agreement (IDEAYA Biosciences, Inc.), Employment Agreement (IDEAYA Biosciences, Inc.)

Annual Bonus. Executive shall will also be eligible to receive earn an annual discretionary bonus with a discretionary annual bonus based on Executive’s achievement target amount equal to 40% of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the Annual Target Bonus”). Any Annual Bonus The amount of this bonus, if any, will be determined in the sole discretion of the Board and based, in part, on Executive’s performance and the performance of the Company during the calendar year. The Company will pay Executive this bonus, if any, by no later than March 1st of the following calendar year. The bonus is not earned until paid and no pro-rated amount will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to if Executive’s continuous employment through terminates for any reason prior to the date of paymentpayment date.

Appears in 4 contracts

Samples: Executive Employment Agreement (Keros Therapeutics, Inc.), Executive Employment Agreement (Keros Therapeutics, Inc.), Executive Employment Agreement (Keros Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEOCOO, such bonus target to be targeted at thirty-five percent (35%) equal to 30% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentany limitations on payment as set forth in Section 6.

Appears in 4 contracts

Samples: Employment Agreement (Tyra Biosciences, Inc.), Employment Agreement (Tyra Biosciences, Inc.), Employment Agreement (Tyra Biosciences, Inc.)

Annual Bonus. In addition to the Base Salary, Executive shall be eligible to receive a discretionary annual performance bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”)) in respect of each calendar year in which Executive is employed hereunder based upon the achievement of targets established in the sole discretion of the Company. Any The exact amount of the Annual Bonus earned will payable to Executive in respect of a calendar year, and whether to pay a bonus at all, shall be paid at the same time annual bonuses are paid to other executives sole discretion of the Company generally, subject to Executive’s continuous employment through the date of paymentCompany.

Appears in 3 contracts

Samples: Employment Agreement (Parabel Inc.), Employment Agreement (Parabel Inc.), Employment Agreement (Parabel Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary an annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the CEOCEO and/or the Compensation Committee, such bonus to be targeted at thirty-five percent (35%) 50% of Executive’s the Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the CEO and/or the Compensation Committee shall be paid at the same time annual bonuses are paid to other executives of the Company generallygenerally and, subject in any event, by March 15 of the year following the year to Executive’s continuous employment through the date of paymentwhich such Annual Bonus relates.

Appears in 3 contracts

Samples: Employment Agreement (Rivian Automotive, Inc. / DE), Employment Agreement (Rivian Automotive, Inc. / DE), Employment Agreement (Rivian Automotive, Inc. / DE)

Annual Bonus. Executive shall will be eligible to receive an annual performance bonus with a discretionary annual bonus based on Executive’s achievement target amount of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) 50% of Executive’s Annual Base Salary base salary (the “Annual Bonus”). Any Annual Bonus earned payments will be paid at determined in the same time annual bonuses are paid to other executives discretion of the Company generallyBoard and will be subject to achievement of any applicable performance milestones or other terms and conditions determined by the Board. The Annual Bonus will be payable as soon as practicable following the end of the calendar year to which the bonus relates, subject to Executive’s continuous continued employment through on the date of paymentpayment date.

Appears in 3 contracts

Samples: Executive Employment Agreement (Accel Entertainment, Inc.), Executive Employment Agreement (Accel Entertainment, Inc.), Executive Employment Agreement (Accel Entertainment, Inc.)

Annual Bonus. During the Term, Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between determined annually by the Compensation Committee in consultation with Executive and (the CEO“Annual Bonus”), such bonus to be targeted at thirty-five percent (35%) 75% of Executive’s Annual Base Salary (the “Annual Target Bonus”). Any Annual Bonus earned will approved by the Compensation Committee of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentpayment (other than as otherwise set forth in Section 6(a)).

Appears in 3 contracts

Samples: Employment Agreement (FiscalNote Holdings, Inc.), Employment Agreement (Duddell Street Acquisition Corp.), Employment Agreement (Duddell Street Acquisition Corp.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) 40% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board or the Compensation Committee of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 3 contracts

Samples: Employment Agreement (Annexon, Inc.), Employment Agreement (Annexon, Inc.), Employment Agreement (Annexon, Inc.)

Annual Bonus. Executive shall will also be eligible to receive earn an annual discretionary bonus with a discretionary annual bonus based on Executive’s achievement target amount equal to 50% of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the Annual Target Bonus”). Any Annual Bonus The amount of this bonus, if any, will be determined in the sole discretion of the Board and based, in part, on Executive’s performance and the performance of the Company during the calendar year. The Company will pay Executive this bonus, if any, by no later than March 1st of the following calendar year. The bonus is not earned until paid and no pro-rated amount will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to if Executive’s continuous employment through terminates for any reason prior to the date of paymentpayment date.

Appears in 2 contracts

Samples: Executive Employment Agreement (Keros Therapeutics, Inc.), Executive Employment Agreement (Keros Therapeutics, Inc.)

Annual Bonus. Executive shall will be eligible to receive a discretionary for an annual target bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five fifty percent (3550%) of Executive’s Annual Base Salary that may be awarded in cash and/or equity at the Company’s discretion. The actual bonus paid, if any, shall be based on the attainment of Company and individual Executive performance objectives established by the Compensation Committee (the “Annual Bonus”). Any If earned, the Annual Bonus earned will be paid at in the same time annual bonuses are paid year following the year to other executives which such Annual Bonus relates, provided the Executive remains continuously employed by the Company through the last day of the Company generally, subject to Executive’s continuous employment through the date of paymentapplicable bonus period.

Appears in 2 contracts

Samples: Employment Agreement (Tilray, Inc.), Employment Agreement (Tilray, Inc.)

Annual Bonus. In addition to Executive’s base salary, Executive shall may be eligible to receive a an additional discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus up to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary his then in effect base salary, as determined by the Board of Directors in their sole discretion (the Annual Target Bonus”). Any Annual Bonus earned will Executive acknowledges that although a discretionary bonus may be paid at provided by the same time annual bonuses are paid to other executives of the Company generallyCompany, subject to Executive’s continuous employment through the date of paymentany such bonus is neither required nor guaranteed by this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Peregrine Pharmaceuticals Inc), Employment Agreement (Peregrine Pharmaceuticals Inc)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEOBoard, such bonus to be targeted at thirtyforty-five percent (3545%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of payment.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Sienna Biopharmaceuticals, Inc.)

Annual Bonus. In addition to Executive’s Base Salary, during the Term, Executive will be eligible to earn an annual discretionary performance-based bonus, with a target bonus opportunity equal to 25% of the Base Salary. Performance metrics with respect to said bonus will be determined by the Board or the compensation committee of the Board. Executive shall be eligible to receive a discretionary for said bonus only if Executive is employed on the last day of the performance period. Any earned annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives by March 15th of the Company generally, subject to Executive’s continuous employment through year following the date of paymentyear in which the applicable performance period ends.

Appears in 2 contracts

Samples: Executive Employment Agreement (Edge Therapeutics, Inc.), Executive Employment Agreement (Edge Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board or the Compensation Committee of the Board in consultation with the CEO, such bonus to be targeted at thirty-five percent (35%) 40% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board or the Compensation Committee of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 2 contracts

Samples: Employment Agreement (Gritstone Oncology, Inc.), Employment Agreement (Gritstone Oncology, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirtytwenty-five percent (3525%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of payment.

Appears in 2 contracts

Samples: Employment Agreement (Sienna Biopharmaceuticals, Inc.), Employment Agreement (Sienna Biopharmaceuticals, Inc.)

Annual Bonus. In addition to Executive’s Base Salary, during the Term, Executive will be eligible to earn an annual discretionary performance-based bonus, with a target bonus opportunity equal to 30% of the Base Salary. Performance metrics with respect to said bonus will be determined by the Board or the compensation committee of the Board. Executive shall be eligible to receive a discretionary for said bonus only if Executive is employed on the last day of the performance period. Any earned annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives by March 15th of the Company generally, subject to Executive’s continuous employment through year following the date of paymentyear in which the applicable performance period ends.

Appears in 2 contracts

Samples: Executive Employment Agreement (Edge Therapeutics, Inc.), Executive Employment Agreement (Edge Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) % of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 2 contracts

Samples: Employment Agreement (Revolution Medicines, Inc.), Employment Agreement (Revolution Medicines, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the CEOBoard, such bonus to be targeted at thirty-five percent (35[__]%) 3 of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 2 contracts

Samples: Employment Agreement (Zymergen Inc.), Employment Agreement (Zymergen Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) 30% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 2 contracts

Samples: Employment Agreement (IDEAYA Biosciences, Inc.), Employment Agreement (IDEAYA Biosciences, Inc.)

Annual Bonus. In addition to his Base Salary, Executive shall be eligible to receive a an annual discretionary annual bonus (the “Bonus”) during the Term, based on Executive’s achievement of performance objectives as mutually agreed between Executive and criteria determined by the CEOBoard in its sole discretion, such bonus in amount equal to be targeted at thirty-five percent (35%) up to 100% of Executive’s Annual Base Salary (base salary for the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentthen current fiscal year.

Appears in 2 contracts

Samples: Employment Agreement (Edison Nation, Inc.), Employment Agreement (Edison Nation, Inc.)

Annual Bonus. During each year of the Employment Term, Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual "Discretionary Bonus"). Any Annual Whether such Discretionary Bonus earned will shall be paid granted to the Executive, and, if granted, the timing, amount and manner of payment of such Discretionary Bonus shall be determined at the same time annual bonuses are paid to other executives sole and absolute discretion of the Company generally, subject to Executive’s continuous employment through Company's Board of Directors or the date of paymentCompensation Committee thereof.

Appears in 2 contracts

Samples: Employment Agreement (Global Payment Technologies Inc), Employment Agreement (Global Payment Technologies Inc)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the CEOBoard or a committee thereof, such bonus to be targeted at thirty-five sixty percent (3560%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board or a committee thereof shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of applicable payment. Executive acknowledges and agrees that nothing contained herein confers upon Executive any right to the Annual Bonus in any year, and any Annual Bonus payment including the amount therein will be determined by the Company in its sole discretion.

Appears in 2 contracts

Samples: Executive Employment Agreement (Neumora Therapeutics, Inc.), Executive Employment Agreement (Neumora Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus target to be targeted at thirty-five percent (35%) equal to 30% of Executive’s Annual Base Salary (the “Annual Bonus”). As consideration for signing prior to year-end 2020, your 1st pro-rated bonus due in Q12021 will be equal to the greater of your eligible pro-rated bonus target or $75,000 which represents the bonus you are forgoing with your current employer. Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentany limitations on payment as set forth in Section 6.

Appears in 2 contracts

Samples: Employment Agreement (Tyra Biosciences, Inc.), Employment Agreement (Tyra Biosciences, Inc.)

Annual Bonus. In addition to his Base Salary, Executive shall be eligible to receive a an annual discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at ) during the same time annual bonuses are paid Term, based on performance criteria determined by the board of directors of Employer (the “Board”) in its sole discretion, in amount equal to other executives up to 100% of Employee’s base salary for the Company generally, subject to Executive’s continuous employment through the date of paymentthen current fiscal year.

Appears in 2 contracts

Samples: Employment Agreement (MJ Holdings, Inc.), Employment Agreement (MJ Holdings, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive established by the Board and the CEOits Compensation Committee, such bonus to be targeted at thirtyfifty-five percent (3555%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board and its Compensation Committee shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of applicable payment. Executive acknowledges and agrees that nothing contained herein confers upon Executive any right to the Annual Bonus in any year, and any Annual Bonus payment including the amount therein will be determined by the Company in its sole discretion.

Appears in 2 contracts

Samples: Executive Employment Agreement (Neumora Therapeutics, Inc.), Executive Employment Agreement (Neumora Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a an annual discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five one hundred percent (35100%) of Executive’s Annual 's then-current Minimum Base Salary (Salary. Executive's eligibility for a bonus and the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives amount of the Company generallybonus, subject to Executive’s continuous employment through if any, shall be determined by the date Board of paymentDirectors in its sole discretion, or by any committee or officer having authority over executive compensation.

Appears in 2 contracts

Samples: Executive Employment Agreement (Mylan Laboratories Inc), Executive Employment Agreement (Mylan Laboratories Inc)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive established by the Board and the CEOits Compensation Committee, such bonus to be targeted at thirty-five [ ] percent (35[__]%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board and its Compensation Committee shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of applicable payment. Executive acknowledges and agrees that nothing contained herein confers upon Executive any right to the Annual Bonus in any year, and any Annual Bonus payment including the amount therein will be determined by the Company in its sole discretion.

Appears in 2 contracts

Samples: Executive Employment Agreement (Neumora Therapeutics, Inc.), Executive Employment Agreement (Neumora Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and in accordance with the CEOterms set forth by the Board, such bonus target to be targeted at thirty-five percent (35%) equal to 40% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentany limitations on payment as set forth in Section 6.

Appears in 2 contracts

Samples: Employment Agreement (Tyra Biosciences, Inc.), Employment Agreement (Tyra Biosciences, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) % of Executive’s the Annual Base Salary paid to Executive during the applicable fiscal year (the “Annual Bonus”)) , provided, that, for fiscal year 2020, Executive’s Annual Bonus shall be targeted at 55% of the Temporarily Reduced Salary. Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Eargo, Inc.)

Annual Bonus. The Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus up to be targeted at thirty-five percent (35%) 60% of Executive’s his Annual Base Salary (if the “Annual Bonus”). Any Annual Bonus earned will be paid Compensation Committee concludes that the Executive satisfied the performance targets and other criteria established by the Company at the same time annual bonuses are paid to other executives beginning of the Company generally, subject to Executive’s continuous employment through the date of paymenteach year.

Appears in 1 contract

Samples: Employment Agreement (Horizon Lines, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEOBOD, such bonus to be targeted at thirty-five forty percent (3540%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the BOD and/or the Compensation Committee of the BOD shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Inhibitor Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the CEOCompany, such bonus to be targeted at thirty-five percent (35%) 50% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Committee and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval. For calendar year 2023, Executive’s earned Annual Bonus (if any) shall be pro-rated based on service from the Effective Date through year-end.

Appears in 1 contract

Samples: Employment Agreement (Paragon 28, Inc.)

Annual Bonus. In addition to Executive’s base salary, Executive shall may be eligible to receive a an additional discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus up to be targeted at thirtyforty-five percent (3545%) of Executivehis then in effect base salary, prorated for partial years of service, as determined by the Compensation Committee of the Board of Directors in accordance with the Company’s Annual Base Salary cash bonus plan for executives then in effect and in its sole discretion (the Annual Target Bonus”). Any Annual Bonus earned will Executive acknowledges that although a discretionary bonus may be paid at provided by the same time annual bonuses are paid to other executives of the Company generallyCompany, subject to Executive’s continuous employment through the date of paymentany such bonus is neither required nor guaranteed by this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Avid Bioservices, Inc.)

Annual Bonus. Executive shall will be eligible to receive for a discretionary annual bonus based on Executive’s achievement for each fiscal year of performance objectives as mutually agreed between the Company. Whether to grant Executive and the CEO, amount of any such bonus shall be within the sole discretion of the Compensation Committee of the Board (the “Compensation Committee”) based on objective or subjective criteria established and approved by the Compensation Committee. Executive’s target bonus (“Target Bonus”) will be equal to be targeted at thirty-five one hundred percent (35100%) of Executive’s Annual his then-applicable Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentas in effect during each fiscal year.

Appears in 1 contract

Samples: Employment Agreement (Byrna Technologies Inc.)

Annual Bonus. Executive shall will be eligible to receive an annual performance bonus with a discretionary annual bonus based on Executive’s achievement target amount of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) 100% of Executive’s Annual Base Salary base salary (the “Annual Bonus”). Any Annual Bonus earned payments will be paid at determined in the same time annual bonuses are paid to other executives discretion of the Company generallyBoard and will be subject to achievement of any applicable performance milestones or other terms and conditions determined by the Board. The Annual Bonus will be payable as soon as practicable following the end of the calendar year to which the bonus relates, subject to Executive’s continuous continued employment through the date end of paymentsuch calendar year.

Appears in 1 contract

Samples: Executive Employment Agreement (Accel Entertainment, Inc.)

Annual Bonus. The Executive shall will be eligible to receive a discretionary annual bonus based on Executive’s achievement for each fiscal year of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted Company at thirtya target level of seventy-five percent (3575%) of the Executive’s Annual weighted average Base Salary for such fiscal year (the “Annual Bonus”). Any The actual Annual Bonus earned awarded will be paid at the same time annual bonuses are paid range from zero to other executives one hundred and fifty percent (150%) of the Company generally, subject to Executive’s continuous employment through weighted average Base Salary and will depend upon the date of paymentCompany’s financial performance, the Executive’s merit performance and such other factors as the Compensation Committee may determine.

Appears in 1 contract

Samples: Executive Employment Agreement (Ameristar Casinos Inc)

Annual Bonus. During the Employment Term, the Executive shall be eligible to receive a an annual discretionary incentive payment under the Company’s annual bonus based on Executive’s achievement of performance objectives plan as mutually agreed between Executive and the CEO, such bonus may be in effect from time to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary time (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives ) based on a target bonus opportunity of 35% of the Company generally, subject to Executive’s continuous employment through Base Salary (the date “Target Bonus”), in each case upon the attainment of paymentone or more performance goals established by the Board or any committee designated thereby in its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (BigBear.ai Holdings, Inc.)

Annual Bonus. Executive shall will be eligible to receive a for an annual discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”), which will be based on a fiscal year basis (the “Bonus Period”). Any Executive’s target for each Annual Bonus earned shall be up to 50% of Executive’s Base Salary (“Target”). Whether Executive receives an Annual Bonus for any Bonus Period will be determined by the Board or the compensation committee thereof in its sole discretion. The Annual Bonus will be paid at the same time annual when bonuses are paid to other executives similarly situated executives, which shall be prior to seventy-five (75) days following the conclusion of the Company generally, subject to Executive’s continuous employment through the date of paymentBonus Period.

Appears in 1 contract

Samples: Executive Employment Agreement (Enzo Biochem Inc)

Annual Bonus. In addition to his Base Salary, Executive shall be eligible to receive a an annual discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at ) during the same time annual bonuses are paid Term, based on performance criteria determined by the board of directors of Employer (the “Board”) in its sole discretion, in amount equal to other executives up to 200% of Employee’s base salary for the Company generally, subject to Executive’s continuous employment through the date of paymentthen current fiscal year.

Appears in 1 contract

Samples: Employment Agreement (MJ Holdings, Inc.)

Annual Bonus. Executive shall be eligible entitled to receive a discretionary target annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus equivalent to be targeted at thirty-five thirty percent (3530%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any , which Annual Bonus earned will shall be paid awarded, if at all, at the same time annual bonuses are paid to other executives discretion of the Company generallyBoard based upon metrics to be mutually agreed upon by Executive and the Board. The Annual Bonus shall be determined at the conclusion of each calendar year and shall be paid, subject if at all, no later than March 31 of the year following the year to Executive’s continuous employment through which the date of paymentAnnual Bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Vascular Biogenics Ltd.)

Annual Bonus. During the Term, Executive shall be eligible to receive a discretionary annual bonus based on Executive’s 's achievement of performance objectives as mutually agreed between Executive and determined by the CEOCompensation Committee, such bonus to be targeted at thirty-five percent (35%) 50% of Executive’s 's Annual Base Salary (the "Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of payment."

Appears in 1 contract

Samples: Employment Agreement (Seelos Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the CEOBoard, its Compensation Committee and/or the BOARD, such bonus to be targeted at thirty-five percent (35%) % of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the BOARD shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (IDEAYA Biosciences, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) % of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board or the Compensation Committee of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Annexon, Inc.)

Annual Bonus. In addition to Executive’s Base Salary, during the Term, Executive will be eligible to earn an annual discretionary performance-based bonus, with a target bonus opportunity equal to 45% of the Base Salary. Performance metrics with respect to said bonus will be determined by the Board or the compensation committee of the Board. Executive shall be eligible to receive a discretionary for said bonus only if Executive is employed on the last day of the performance period. Any earned annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives by March 15th of the Company generally, subject to Executive’s continuous employment through year following the date of paymentyear in which the applicable performance period ends.

Appears in 1 contract

Samples: Executive Employment Agreement (Edge Therapeutics, Inc.)

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Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the CEOCompany, such bonus to be targeted at thirty-five percent (35%) 60% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Committee and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval. The Annual Bonus shall be prorated in the case Executive commences employment subsequent to the start of the fiscal year.

Appears in 1 contract

Samples: Employment Agreement (Paragon 28, Inc.)

Annual Bonus. Executive shall be eligible to receive a for an annual discretionary annual bonus based on Executive’s achievement opportunity of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five one hundred percent (35100%) of Executive’s then-current Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will Salary, to be paid at upon satisfaction of certain criteria established by the same time annual bonuses are paid to other executives Compensation Committee of the Company generallyBoard of Directors, or by any other committee or officer having authority over executive compensation. Such bonus shall be paid no later than March 15th of the year following the year in which the annual award is no longer subject to Executive’s continuous employment through the date a substantial risk of paymentforfeiture.

Appears in 1 contract

Samples: Executive Employment Agreement (Mylan Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEOBOD, such bonus to be targeted at thirty-five fifty percent (3550%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the BOD and/or the Compensation Committee of the BOD shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Inhibitor Therapeutics, Inc.)

Annual Bonus. The Executive shall will be eligible to receive for a discretionary annual bonus based on Executive’s achievement for each fiscal year of performance objectives as mutually agreed between the Company. Whether to grant Executive and the CEO, amount of any such business shall be within the sole discretion of the Compensation Committee based on objective or subjective criteria established and approved by the Compensation Committee of the Board. The Executive’s target bonus (“Target Bonus”) will be equal to be targeted at thirty-five one hundred percent (35100%) of Executive’s Annual his then-applicable Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentas in effect during each fiscal year.

Appears in 1 contract

Samples: Employment Agreement (Byrna Technologies Inc.)

Annual Bonus. Executive shall will also be eligible to receive earn an annual discretionary bonus with a discretionary annual bonus based on Executive’s achievement target amount equal to 40% of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the Annual Target Bonus”). Any Annual Bonus The amount of this bonus, if any, will be determined in the sole discretion of the Company and based, in part, on Executive’s performance and the performance of the Company during the calendar year. The Company will pay Executive this bonus, if any, by no later than March 15th of the following calendar year. The bonus is not earned until paid and no pro-rated amount will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to if Executive’s continuous employment through terminates for any reason prior to the date of paymentpayment date.

Appears in 1 contract

Samples: Executive Employment Agreement (X4 Pharmaceuticals, Inc)

Annual Bonus. Executive shall will be eligible to receive for a discretionary annual bonus based on Executive’s achievement ("Bonus") with target payout of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five fifty percent (3550%) of Executive’s Annual 's Base Salary (the “Annual Bonus”)Salary. Any Annual Actual Bonus earned payout will be paid at based on the same time annual bonuses are paid to other executives achievement of Company, business unit or division financial and/or operational business objectives established by the Compensation Committee for any given calendar year and an evaluation of Executive's contribution toward the achievement of such objectives and individual performance, as determined in the sole discretion of the Company generally, subject to Executive’s continuous employment through the date of paymentCompensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Tilray, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (IDEAYA Biosciences, Inc.)

Annual Bonus. Executive shall be eligible to receive a an annual discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five one hundred percent (35100%) of Executive’s Annual then-current Minimum Base Salary (Salary. Executive’s eligibility for a bonus and the “Annual Bonus”). Any Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives amount of the Company generallybonus, subject to Executive’s continuous employment through if any, shall be determined by the date Board of paymentDirectors in its sole discretion, or by any committee or officer having authority over executive compensation.

Appears in 1 contract

Samples: Executive Employment Agreement (Mylan Laboratories Inc)

Annual Bonus. Following the end of each fiscal year and subject to the approval of the Board, the Executive shall be eligible to receive a discretionary annual retention and performance bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any The target amount of such Annual Bonus earned will be paid at 35% of the same time annual bonuses are paid to other executives Executive’s then current Base Salary (the “Target Bonus”), based on the Company’s performance and the Executive’s individual performance during the applicable fiscal year, as determined by the Board in its sole discretion. The Executive must be an active employee of the Company generally, subject to Executive’s continuous employment through on the date of paymentany Annual Bonus is distributed in order to be eligible for and to earn any bonus award, as it also serves as an incentive to remain employed by the Company.

Appears in 1 contract

Samples: Employment Agreement (Achillion Pharmaceuticals Inc)

Annual Bonus. In addition to his Base Salary, Executive shall be eligible to receive a an annual discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will be paid at ) during the same time annual bonuses are paid Term, based on performance criteria determined by the board of directors of Employer (the “Board”) in its sole discretion, in amount equal to other executives up to 50% of Employee’s base salary for the Company generally, subject to Executive’s continuous employment through the date of paymentthen current fiscal year.

Appears in 1 contract

Samples: Employment Agreement (Edison Nation, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) 40_% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Revolution Medicines, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirtytwenty-five percent (3525%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (IDEAYA Biosciences, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) % of Executive’s Annual Base Salary paid to Executive during the applicable fiscal year (the “Annual Bonus”), provided, that, for fiscal year 2020, Executive’s Annual Bonus shall be targeted at 55% of the Temporarily Reduced Salary. Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Eargo, Inc.)

Annual Bonus. In addition to Executive’s base salary, Executive shall may be eligible to receive a an additional discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus up to be targeted at thirty-five fifty percent (3550%) of Executive’s Annual Base Salary his then in effect base salary, as determined by the Board of Directors in their sole discretion (the Annual Target Bonus”). Any Annual Bonus earned will Executive acknowledges that although a discretionary bonus may be paid at provided by the same time annual bonuses are paid to other executives of the Company generallyCompany, subject to Executive’s continuous employment through the date of paymentany such bonus is neither required nor guaranteed by this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Peregrine Pharmaceuticals Inc)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEOBoard, such bonus to be targeted at thirty-five fifty percent (3550%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Unity Biotechnology, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the CEOCompany, such bonus to be targeted at thirty-five percent (35%) 70% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Committee and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval. For calendar year 2024, Executive’s earned Annual Bonus (if any) shall be pro-rated based on service from the Effective Date through year-end.

Appears in 1 contract

Samples: Employment Agreement (Paragon 28, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five forty percent (3540%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Unity Biotechnology, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by [the CEO,] the Board and/or the Committee, such bonus to be targeted at thirty-five percent (35%) [ ]% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by [the CEO,] the Board and/or the Committee shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval, and, in any event, by March 15th of the year following the year to which such Annual Bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Amplitude, Inc.)

Annual Bonus. Executive shall will be eligible to receive a for an annual discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”), which will be based on a fiscal year basis (the “Bonus Period”). Any Executive’s target for each Annual Bonus earned shall be up to 100% of Executive’s Base Salary (“Target”). Whether Executive receives an Annual Bonus for any Bonus Period will be determined by the Board or the compensation committee thereof in its sole discretion. The Annual Bonus will be paid at the same time annual when bonuses are paid to other executives similarly situated executives, which shall be prior to seventy-five (75) days following the conclusion of the Company generally, subject to Executive’s continuous employment through the date of paymentBonus Period.

Appears in 1 contract

Samples: Executive Employment Agreement (Enzo Biochem Inc)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) 35_% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Revolution Medicines, Inc.)

Annual Bonus. During the Term, the Executive shall be eligible to receive a discretionary annual bonus, which bonus based on Executive’s achievement shall have a target value of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) not less than 55% of Executive’s his Annual Base Salary (such target value percentage, as in effect from time to time, the “Annual BonusTarget Bonus Percentage”). Any Annual , if the Compensation Committee concludes that the Executive satisfied the performance targets and other criteria set forth in the Executive Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentPlan.

Appears in 1 contract

Samples: Employment Agreement (Horizon Lines, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-thirty five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (IDEAYA Biosciences, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five forty percent (3540%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (IDEAYA Biosciences, Inc.)

Annual Bonus. For each fiscal year during the Employment Period, subject to the Board’s sole and absolute discretion, Executive shall may be eligible to receive a an annual discretionary annual bonus based on the Company’s and Executive’s achievement of individual performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”), that is commensurate with the Company’s financial performance for the applicable year. Any The final decision regarding whether to award an Annual Bonus earned will be paid and all terms surrounding payment of any such Annual Bonus are at the same time annual bonuses are paid to other executives sole and absolute discretion of the Company generally, subject to Executive’s continuous employment through the date of paymentBoard.

Appears in 1 contract

Samples: Employment Agreement (Tesspay Inc.)

Annual Bonus. During the Term, Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and determined by the CEOCompensation Committee, such bonus to be targeted at thirty-five percent (35%) 50% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Compensation Committee of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of payment.

Appears in 1 contract

Samples: Employment Agreement (Seelos Therapeutics, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the Board, its Compensation Committee and/or the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board, the Compensation Committee of the Board and/or the CEO shall be paid at the same time |US-DOCS\110733109.2|| annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (IDEAYA Biosciences, Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the CEOBoard, such bonus to be targeted at thirty-five percent (35%) 50% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Annexon, Inc.)

Annual Bonus. Executive shall be eligible to receive a have an annual discretionary annual bonus based on Executive’s achievement opportunity of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five one hundred percent (35100%) of Executive’s then-current Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will Salary, to be paid at upon satisfaction of certain criteria established by the same time annual bonuses are paid to other executives Compensation Committee of the Company generallyBoard of Directors, or by any other committee or officer having authority over executive compensation. Such bonus shall be paid no later than March 15th of the year following the year in which the annual award is no longer subject to Executive’s continuous employment through the date a substantial risk of paymentforfeiture.

Appears in 1 contract

Samples: Executive Employment Agreement (Mylan Inc.)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEOBoard, such bonus to be targeted at thirty-five percent (35%) 50% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board and/or the Compensation Committee of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Gritstone Oncology, Inc.)

Annual Bonus. During the Term, the Executive shall be eligible to receive earn a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted at thirty-five percent (35%) of Executive’s Annual Base Salary (the “Annual Bonus”)) based on individual performance as well as the Company’s strategic, operational, and financial performance during the year, as determined by the Compensation Committee of the Board of Directors. Any Subject to Executive remaining employed by the Company through December 31st of the applicable calendar year, Executive will receive a minimum Annual Bonus earned will be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of payment$500,000.

Appears in 1 contract

Samples: Employment Agreement (SS&C Technologies Holdings Inc)

Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives as mutually agreed between Executive and established by the CEOBoard, such bonus to be targeted at thirty-five percent (35%) 45% of Executive’s Annual Base Salary (the “Annual Bonus”). Any Annual Bonus earned will approved by the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of paymentapproval.

Appears in 1 contract

Samples: Employment Agreement (Revolution Medicines, Inc.)

Annual Bonus. The Executive shall will be eligible to receive a discretionary annual bonus based on Executive’s achievement for each fiscal year of performance objectives as mutually agreed between Executive and the CEO, such bonus to be targeted Company at thirty-five a target level of one hundred percent (35100%) of the Executive’s Annual weighted average Base Salary for such fiscal year (the “Annual Bonus”). Any The actual Annual Bonus earned awarded will be paid at the same time annual bonuses are paid range from zero to other executives two hundred percent (200%) of the Company generally, subject to Executive’s continuous employment through weighted average Base Salary and will depend upon the date Company’s financial performance, the Executive’s merit performance and such other factors as the Compensation Committee of paymentthe Board may determine.

Appears in 1 contract

Samples: Executive Employment Agreement (Ameristar Casinos Inc)

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