Common use of Annual Performance Award Clause in Contracts

Annual Performance Award. For each fiscal year of employment during which the Company employs the Employee, the Employee shall be entitled to receive a target annual performance award in accordance with the terms of any plan governing employee performance awards then in effect as established by the Board (the “Annual Performance Award”).

Appears in 7 contracts

Samples: Senior Officer Employment Agreement (Geo Group Inc), Purchase Agreement (Geo Group Inc), Senior Officer Employment Agreement (Geo Group Inc)

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Annual Performance Award. For each fiscal year of employment during which the Company employs the Employee, the Employee shall be entitled to receive a target annual performance award in accordance with the terms of any plan governing employee performance awards then in effect as established by the Board (the "Annual Performance Award").

Appears in 1 contract

Samples: Senior Officer Employment Agreement (Geo Group Inc)

Annual Performance Award. For each fiscal year of employment during which the Company employs the Employee, the Employee shall be entitled to receive a target annual performance award in accordance with the terms of any plan governing employee performance awards then in effect as us established by the Board (the “Annual Performance Award”).

Appears in 1 contract

Samples: Senior Officer Employment Agreement (Geo Group Inc)

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Annual Performance Award. For each fiscal year of employment during which the Company employs the Employee, the Employee shall be entitled to receive a target annual performance award (to be pro-rated as may be appropriate) of seventy-five percent (75%) of Employee’s Annual Base Salary, in accordance with the terms of any plan governing employee performance awards then in effect as established by the Board (the “Annual Performance Award”).

Appears in 1 contract

Samples: Senior Officer Employment Agreement (Geo Group Inc)

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