Common use of Annual Incentive Plan or Program Clause in Contracts

Annual Incentive Plan or Program. The Executive shall be eligible to participate in the annual incentive compensation plan or program (“Annual Incentive”) available to other similarly situated executives of the Company, with customized targets and incentives as determined by the Company. The target cash incentive for calendar year 2018 is 30% of Base Salary. 2

Appears in 3 contracts

Samples: Employment Agreement (Bankwell Financial Group, Inc.), Employment Agreement (Bankwell Financial Group, Inc.), Employment Agreement (Bankwell Financial Group, Inc.)

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Annual Incentive Plan or Program. The Executive shall be eligible entitled to participate in the annual incentive compensation plan or program (“Annual Incentive”) available to other similarly situated executives of the Company, with customized targets and incentives as determined by the Company. The target cash incentive for calendar year 2018 2016 is 30% of Base Salary. 2.

Appears in 1 contract

Samples: Penko Ivanov Employment Agreement (Bankwell Financial Group, Inc.)

Annual Incentive Plan or Program. The Executive shall be eligible entitled to participate in the annual incentive compensation plan or program (“Annual Incentive”) available to other similarly situated executives of the Company, with customized targets and incentives as determined by the Company. The target cash incentive for calendar year 2018 2016 is 30% of Base Salary. 2base salary.

Appears in 1 contract

Samples: David Dineen Employment Agreement (Bankwell Financial Group, Inc.)

Annual Incentive Plan or Program. The Executive shall be eligible to participate in the annual incentive compensation plan or program (“Annual Incentive”) available to other similarly situated executives of the Company, with customized targets and incentives as determined by the Company. The target cash incentive for calendar year 2018 is 30% of Base Salary. 2

Appears in 1 contract

Samples: Employment Agreement (Bankwell Financial Group, Inc.)

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Annual Incentive Plan or Program. The Executive shall be eligible to participate in the annual incentive compensation plan or program ("Annual Incentive") available to other similarly situated executives of the Company, with customized targets and incentives as determined by the Company. The target cash incentive for calendar year 2018 is 3040% of Base Salary. 2For calendar year 2020, the Executive will receive a minimum guarantee of $170,000 less all applicable withholdings and deductions.

Appears in 1 contract

Samples: Employment Agreement (Bankwell Financial Group, Inc.)

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