Common use of Bonus and Other Compensation Clause in Contracts

Bonus and Other Compensation. In addition to the Annual Base Salary, the Board (or its designated compensation committee) may award Employee an annual bonus at its discretion. Employee will also be eligible to participate in the Company’s equity compensation plan, if and when adopted. Awards thereunder will be made to Employee from time to time at the discretion of the Board (or relevant committee thereof).

Appears in 4 contracts

Samples: Employment Agreement (Umami Sustainable Seafood Inc.), Employment Agreement (Umami Sustainable Seafood Inc.), Employment Agreement (Lions Gate Lighting Corp.)

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