Annual Management Bonus. During the Employment Term, Executive shall be eligible to receive cash bonuses each year from the Company determined by the Chief Executive Officer of the Company (the "Chief Executive Officer") and the Compensation Committee (the "Annual Management Bonus"). The Annual Management Bonus shall be payable based upon performance criteria to be agreed upon by Executive and the Chief Executive Officer and approved by the Compensation Committee. The Annual Management Bonus may range from 0% to 150% of 50% of Current Base Salary and shall be reviewed at least annually by the Compensation Committee. Any such Annual Management Bonuses paid to Executive shall be in addition to the Current Base Salary.
Appears in 2 contracts
Samples: Employment Agreement (Brooks Automation Inc), Employment Agreement (Brooks Automation Inc)
Annual Management Bonus. During the Employment Term, Executive shall be eligible to receive cash bonuses each year from the Company determined by the Chief Executive Officer of the Company (the "Chief Executive Officer") and the Compensation Committee (the "Annual Management Bonus"). The Annual Management Bonus shall be payable based upon performance criteria to be agreed upon by Executive and the Chief Executive Officer and approved by the Compensation Committee. The Annual Management Bonus may range from 0% to 150% of 5070% of Current Base Salary and shall be reviewed at least annually by the Compensation Committee. Any such Annual Management Bonuses paid to Executive shall be in addition to the Current Base Salary.
Appears in 2 contracts
Samples: Employment Agreement (Brooks Automation Inc), Employment Agreement (Brooks Automation Inc)
Annual Management Bonus. During the Employment Term, Executive shall be eligible to receive cash bonuses each year from the Company determined by the Chief Executive Officer of the Company (the "“Chief Executive Officer"”) and the Compensation Committee (the "“Annual Management Bonus"”). The Annual Management Bonus shall be payable based upon performance criteria to be agreed upon by Executive and the Chief Executive Officer and approved by the Compensation Committee. The Annual Management Bonus may range from 0% to 150% of 5070% of Current Base Salary and shall be reviewed at least annually by the Compensation Committee. Any such Annual Management Bonuses paid to Executive shall be in addition to the Current Base Salary.
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Annual Management Bonus. During the Employment Term, Executive shall be eligible to receive cash bonuses each year from the Company determined by the Chief Executive Officer of the Company (the "Chief Executive Officer") President and the Compensation Committee (the "Annual Management Bonus"). The Annual Management Bonus shall be payable based upon performance criteria achievement of the Company's operating profit objectives to be agreed upon by Executive Executive, the President and the Chief Executive Officer COO and approved by the Compensation Committee. The Annual Management Bonus may range from 0% to 150% of 5070% of Current Base Salary and shall be reviewed at least annually by the Compensation Committee. Any such Annual Management Bonuses paid to Executive shall be in addition to the Current Base Salary.
Appears in 1 contract
Annual Management Bonus. During the Employment Term, Executive shall be eligible to receive cash bonuses each year from the Company determined by the Chief Executive Officer of the Company (the "Chief Executive Officer") and the Compensation Committee (the "Annual Management Bonus"). The Annual Management Bonus shall be payable based upon performance criteria to be agreed upon by Executive and the Chief Executive Officer and approved by the Compensation Committee. The Annual Management Bonus may range from 0% to 150% of 50100% of Current Base Salary and shall be reviewed at least annually by the Compensation Committee. Any such Annual Management Bonuses paid to Executive shall be in addition to the Current Base Salary.
Appears in 1 contract