Annual Cash Incentive Compensation. (i) Executive shall be eligible to participate in any cash incentive or bonus plan or program of Employer in which other executive officers participate, which may be based on annual performance measures established by the board of directors of Company or its designee, including the compensation committee of the board of directors (cash compensation paid or payable to Executive under any and all such cash incentive or bonus plans or programs for any calendar year is referred to as “Annual Cash Incentive Compensation”).
Appears in 3 contracts
Samples: Employment Agreement (Reliant Bancorp, Inc.), Employment Agreement (Reliant Bancorp, Inc.), Employment Agreement (Reliant Bancorp, Inc.)
Annual Cash Incentive Compensation. (i) Executive shall be eligible to participate in any receive such annual cash incentive compensation, if any, as may be determined by, and based on performance measures established by, the board of directors of Company, or bonus an appropriate committee thereof (or its designee), consistent with the strategic plan of Company, pursuant to any incentive compensation plan or program of Employer in which other executive officers participate, which that may be based on annual performance measures established adopted from time to time by the board of directors or shareholders of Company or its designee, including the compensation committee of the board of directors (cash compensation paid or payable to Executive under any and all such cash incentive or bonus plans or programs for any calendar year is referred to as “Annual Cash Incentive Compensation”).
Appears in 2 contracts
Samples: Employment Agreement (Reliant Bancorp, Inc.), Employment Agreement (Reliant Bancorp, Inc.)
