Annual Corporate Bonus. Employee is eligible for an annualized on-target bonus of 75% of annual salary, subject to the Rackspace Corporate Cash Bonus Plan {the “Plan’”) as approved by the board of directors or compensation committee. Initials: HW Company: Employee: DSS
Appears in 2 contracts
Samples: Employment Agreement (Rackspace Technology, Inc.), Employment Agreement (Rackspace Technology, Inc.)
Annual Corporate Bonus. Employee is eligible for an annualized on-target bonus of 7580% of annual salary, subject to the Rackspace Corporate Cash Bonus Plan {the “Plan’”) and as approved by the board of directors or compensation committee. Initials: HW Company: Employee: DSS.
Appears in 2 contracts
Samples: Employment Agreement (Rackspace Technology, Inc.), Employment Agreement (Rackspace Technology, Inc.)
Annual Corporate Bonus. Employee is eligible for an annualized on-target bonus of 7580% of annual salary, subject to the Rackspace Corporate Cash Bonus Plan {(the “Plan’”) as approved by the board of directors or compensation committee. However, with respect to a 2019 bonus, the parties agree that Employee’s potential bonus, if earned and approved under the Plan, will be based on a hypothetical employment start date of April 1, 2019; in Initials: HW Company: Employee: DSS:
Appears in 2 contracts
Samples: Employment Agreement (Rackspace Technology, Inc.), Employment Agreement (Rackspace Technology, Inc.)
Annual Corporate Bonus. Employee is eligible for an annualized on-target bonus of 7570% of annual salary, subject to the Rackspace Corporate Cash Bonus Plan {the “Plan’”) and as approved by the board of directors or compensation committee. Initials: HW Company: Employee: DSS.
Appears in 1 contract