Common use of Annual Short Term Incentive Bonus Clause in Contracts

Annual Short Term Incentive Bonus. Executive shall also be eligible to earn an annual year-end cash bonus, equal to a maximum of 75% of Executive’s base salary, as determined by a review at the discretion of the CEO and/or Board of Directors. Short Term incentive programs shall be reviewed each year, and be based upon the Executive and the Company achieving specific financial and performance criteria for the fiscal year.

Appears in 2 contracts

Samples: Executive Employment Agreement (Guardian 8 Holdings), Executive Employment Agreement (Guardian 8 Holdings)

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Annual Short Term Incentive Bonus. Executive shall also be eligible to earn an annual year-end cash bonus, equal to a maximum of 7530% of Executive’s base salary, as determined by a review at the discretion of the CEO and/or Board of Directors. Short Term incentive programs shall be reviewed each year, and be based upon the Executive and the Company achieving specific financial and performance criteria for the fiscal year.

Appears in 2 contracts

Samples: Executive Employment Agreement (Guardian 8 Holdings), Executive Employment Agreement (Guardian 8 Holdings)

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Annual Short Term Incentive Bonus. Executive shall also be eligible to earn an annual year-end cash bonus, equal to a maximum of 75% of Executive’s base salary, as determined by a review at the discretion of the CEO and/or Board of Directors. Short Term incentive programs shall be reviewed each year, and be based upon the Executive and the Company achieving specific financial and performance criteria for the fiscal year.

Appears in 1 contract

Samples: Executive Employment Agreement (Guardian 8 Holdings)

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