Annual Performance Bonus. The Executive shall be eligible to earn a discretionary annual cash incentive bonus (the “Performance Bonus”) of not less than 55% of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board.
Appears in 3 contracts
Samples: Executive Employment Agreement (Aspen Aerogels Inc), Executive Employment Agreement (Aspen Aerogels Inc), Executive Employment Agreement (Aspen Aerogels Inc)
Annual Performance Bonus. The Executive shall be eligible to earn a discretionary an annual cash incentive bonus (the “Performance Bonus”) of not less than 55% one-hundred percent (100%) of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board.
Appears in 2 contracts
Samples: Executive Agreement, Executive Agreement (Aspen Aerogels Inc)
Annual Performance Bonus. The Executive shall be eligible to earn a discretionary annual cash incentive bonus (the “Performance Bonus”) of not less than 5550% of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board.
Appears in 2 contracts
Samples: Executive Employment Agreement (Aspen Aerogels Inc), Executive Employment Agreement (Aspen Aerogels Inc)
Annual Performance Bonus. The Executive shall be eligible to earn a discretionary annual cash incentive bonus (the “Performance Bonus”) of not less than 5550% of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board, and provided that, notwithstanding the foregoing, the Executive’s Performance Bonus Target for the 2023 fiscal year shall be pro-rated based on the portion of such fiscal year from the Effective Date through the end of such fiscal year.
Appears in 1 contract
Samples: Executive Employment Agreement (Aspen Aerogels Inc)
Annual Performance Bonus. The Executive shall be eligible to earn a discretionary an annual cash incentive bonus (the “Performance Bonus”) of not less than 5550% of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board.
Appears in 1 contract
Annual Performance Bonus. The Executive shall be eligible to earn a discretionary an annual cash incentive bonus (the “Performance Bonus”) of not less than 55% of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board.
Appears in 1 contract
Annual Performance Bonus. The Executive shall will be eligible to earn a discretionary annual cash an Annual Performance Bonus based upon achievement of objectives mutually agreed upon and consistent with similarly situated executives. The target amount of this incentive will be $500,000 (Five Hundred Thousand Dollars). The Company agrees to pay any prior year bonus (that is authorized by the “Performance Bonus”) of not less than 55% Chief Executive Officer by January 31 of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject year following the year in all respects to which the terms and conditions established by the Boardbonus is earned.
Appears in 1 contract
Samples: Employment Agreement (Diamond Resorts International, Inc.)
Annual Performance Bonus. The Executive shall be eligible to earn a discretionary an annual cash incentive bonus (the “Performance Bonus”) of not less than 55[ ]% of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board.
Appears in 1 contract
Annual Performance Bonus. The Executive shall be eligible to earn a discretionary annual cash incentive bonus (the “Performance Bonus”) of not less than 55110% of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board.
Appears in 1 contract
Samples: Executive Employment Agreement (Aspen Aerogels Inc)
Annual Performance Bonus. The Executive shall be eligible to earn a discretionary an annual cash incentive bonus (the “Performance Bonus”) of not less than 55% one-hundred and ten percent (110%) of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board.
Appears in 1 contract
Annual Performance Bonus. The Executive shall be eligible to earn a discretionary an annual cash incentive bonus (the “Performance Bonus”) of not less than 55[*]% of the Executive’s then effective Base Salary (each, a “Performance Bonus Target”), subject in all respects to the terms and conditions established by the Board.
Appears in 1 contract
