Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 50% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February following the year for which such bonus is being paid.
Appears in 3 contracts
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.), Employment Agreement (U.S. Auto Parts Network, Inc.), Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 50% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February following the year for which such bonus is being paid.
Appears in 2 contracts
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.), Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 5030% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February following the year for which such bonus is being paid.
Appears in 2 contracts
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.), Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 5080% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February following the year for which such bonus is being paid.
Appears in 2 contracts
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.), Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 50100% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals and criteria for earning determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February March following the year for which such bonus is being paid.
Appears in 1 contract
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 50100% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February March following the year for which such bonus is being paid.
Appears in 1 contract
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 50% of the Executive’s current salarysalary which target for the first calendar year shall be $150,000 and not be prorated based on the Executive’s length of employment during such year. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February following the year for which such bonus is being paid.
Appears in 1 contract
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 50% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February March following the year for which such bonus is being paid.
Appears in 1 contract
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 5060% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February March following the year for which such bonus is being paid.. Exhibit 10.1
Appears in 1 contract
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 50% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and and/or EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February March following the year for which such bonus is being paid.
Appears in 1 contract
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 5040% of the Executive’s current salary, which for the first calendar year shall be an amount up to $100,000 per year, pro rated based upon the Executive’s length of employment during such year. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February following the year for which such bonus is being paid.
Appears in 1 contract
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also will be entitled to receive eligible for an annual target incentive bonus equal to a target amount of up to 50% seventy (70%) percent of the Executive’s current base salary. The Such annual incentive bonus shall be based upon subject to the Company achieving its revenue achievement of certain individual and EBITDA goalscorporate objectives, and Executive meeting the annual goals determined as shall be annually established by the Compensation Committee. The amount Company’s Chief Executive Officer, as well as to the terms and conditions of the annual target bonus payable Company’s incentive compensation plan applicable to Executive in any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February following the year for which such bonus is being paidexecutive officers.
Appears in 1 contract
Samples: Employment Agreement (Thoratec Corp)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 5080% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February following the year for which such bonus is being paid.
Appears in 1 contract
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 5080% of the Executive’s current salary. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in with respect to any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February March following the year for which such bonus is being paid.
Appears in 1 contract
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.)
Annual Target Bonus. Executive shall also be entitled to receive an annual target incentive bonus of up to 5060% of the Executive’s current salary, which for the first calendar year shall be an amount up to $210,000 per year, pro rated based upon the Executive’s length of employment during such year. The annual bonus shall be based upon the Company achieving its revenue and EBITDA goals, and Executive meeting the annual goals determined by the Compensation Committee. The amount of the annual target bonus payable to Executive in any given year shall be determined by the Compensation Committee. The annual bonus shall be paid no later than the end of February following the year for which such bonus is being paid.
Appears in 1 contract
Samples: Employment Agreement (U.S. Auto Parts Network, Inc.)