Annual Compensation Plan Sample Clauses

Annual Compensation Plan. As an Executive Officer (EO), you shall receive an annual salary and performance-based cash bonuses, along with stock- based, long-term incentive awards that take different forms depending on the roles. Performance Stock Units (“PSU”) which are awarded based on successful completion of annual goals defined by the Compensation Committee at the beginning of each fiscal year & Stock Options will be offered based on successful completion of personal and company goals.
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Annual Compensation Plan 
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Related to Annual Compensation Plan

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

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