Common use of Annual Incentive Clause in Contracts

Annual Incentive. During the term set forth in Section 2, above, Executive shall be eligible to participate in the Executive Incentive Plan, or in such successor plan as may be adopted for the provision of annual incentive compensation for senior executives (the "Annual Incentive Plan"). Executive shall be entitled to an incentive payment applicable under the Annual Incentive Plan if the Corporation meets its business plan for the year ("Making Plan").

Appears in 14 contracts

Samples: Employment Agreement (Synthetic Industries Inc), Employment Agreement (Synthetic Industries Inc), Employment Agreement (Synthetic Industries Inc)

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Annual Incentive. During the term set forth in Section 2, 2 above, ---------------- Executive shall be eligible to participate in the Executive Incentive Plan, or in such successor plan as may be adopted for the provision of annual incentive compensation for senior executives (the "Annual Incentive Plan"). Executive shall be entitled to an incentive payment applicable under the Annual Incentive Plan if the Corporation meets its business plan for the year ("Making Plan").

Appears in 3 contracts

Samples: Employment Agreement (Sind Acquisition Inc), Employment Agreement (Sind Acquisition Inc), Employment Agreement (Sind Acquisition Inc)

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Annual Incentive. During the term set forth in Section 2, above, Executive shall be eligible to participate in the Executive Incentive Plan, or in such successor plan as may be adopted for the provision of annual incentive compensation for senior executives executive (the "Annual Incentive Plan"). Executive shall be entitled to an incentive payment applicable under the Annual Incentive Plan if the Corporation meets its business plan for the year ("Making Plan").

Appears in 3 contracts

Samples: Employment Agreement (Synthetic Industries Inc), Employment Agreement (Synthetic Industries Inc), Employment Agreement (Synthetic Industries Inc)

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