Common use of Base Salary and Annual Bonus Clause in Contracts

Base Salary and Annual Bonus. For a period of twelve (12) months after the Termination Date, Base Salary and Target Annual Bonus (as defined herein) shall be payable, at the election of the Company, either bi- weekly or a lump sum within ten (10) days of the Termination Date, unless such termination is by the Company without Cause, in which event such amount of Base Salary and Target Annual Bonus shall be paid in a lump sum within ten (10) days of the Termination Date.

Appears in 6 contracts

Samples: Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO)

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Base Salary and Annual Bonus. For a period of twelve (12) months after the Termination Date, Base Salary and Target Annual Bonus (as such terms are defined herein) shall be payable, at the election of the Companyrate, either bi- weekly or a lump sum within ten (10) days of the Termination Date, and payable quarterly unless such termination is by the Company without Cause, in which event even such amount of Base Salary and Target Annual Bonus shall be paid in a lump sum within ten (10) days of the Termination DateEvent.

Appears in 3 contracts

Samples: Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO)

Base Salary and Annual Bonus. For a period of twelve twenty-four (1224) months after the Termination Date, Base Salary and Target Annual Bonus (as defined herein) shall be payable, at the election of the Company, either bi- weekly or a lump sum within ten (10) days of the Termination Date, unless such termination is by the Company without Cause, in which event such amount of Base Salary and Target Annual Bonus shall be paid in a lump sum within ten (10) days of the Termination Date.

Appears in 2 contracts

Samples: Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO)

Base Salary and Annual Bonus. For a period of twelve twenty four (1224) months after the Termination Date, Base Salary and Target Annual Bonus (as such terms are defined herein) shall be payable, at the election of the Companyrate, either bi- weekly or a lump sum within ten (10) days of the Termination Date, and payable quarterly unless such termination is by the Company without Cause, in which event even such amount of Base Salary and Target Annual Bonus shall be paid in a lump sum within ten (10) days of the Termination DateEvent.

Appears in 2 contracts

Samples: Employment Agreement (Vantage Drilling CO), Employment Agreement (Vantage Drilling CO)

Base Salary and Annual Bonus. For a period of twelve thirty-six (1236) months after the Termination Date, Base Salary and Target Annual Bonus (as defined herein) shall be payable, at the election of the Company, either bi- weekly or a lump sum within ten (10) days of the Termination Date, unless such termination is by the Company without Cause, in which event such amount of Base Salary and Target Annual Bonus shall be paid in a lump sum within ten (10) days of the Termination Date.

Appears in 1 contract

Samples: Employment Agreement (Vantage Drilling CO)

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Base Salary and Annual Bonus. For a period of twelve thirty six (1236) months after the Termination Date, Base Salary and Target Annual Bonus (as such terms are defined herein) shall be payable, at the election of the Companyrate, either bi- weekly or a lump sum within ten (10) days of the Termination Date, and payable quarterly unless such termination is by the Company without Cause, in which event even such amount of Base Salary and Target Annual Bonus shall be paid in a lump sum within ten (10) days of the Termination DateEvent.

Appears in 1 contract

Samples: Employment Agreement (Vantage Drilling CO)

Base Salary and Annual Bonus. For a period of twelve (12) months after the Termination Date, Base Salary and Target Annual Bonus (as defined herein) shall be payable, at the election of the Company, either bi- bi-weekly or a lump sum within ten (10) days of the Termination Date, unless such termination is by the Company without Cause, in which event such amount of Base Salary and Target Annual Bonus shall be paid in a lump sum within ten (10) days of the Termination Date.

Appears in 1 contract

Samples: Employment Agreement (Vantage Drilling CO)

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