Common use of Bonus Availability Clause in Contracts

Bonus Availability. Executive may be eligible for an annual bonus based on the criteria established by the Board which shall be determined on an annual basis. Such bonus shall be at the discretion of the Board of Directors.

Appears in 5 contracts

Samples: Employment Agreement (Old Dominion Electric Cooperative), Employment Agreement (Old Dominion Electric Cooperative), Employment Agreement (Old Dominion Electric Cooperative)

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Bonus Availability. Executive may be eligible for an annual bonus based on the criteria established by the Board which shall be determined on an annual basis. Such bonus shall be at the discretion of the Board Boards of Directors.

Appears in 2 contracts

Samples: Employment Agreement (Old Dominion Electric Cooperative), Employment Agreement (Old Dominion Electric Cooperative)

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Bonus Availability. Executive may be eligible for an annual bonus based on the criteria established by the Board Board(s) which shall be determined on an annual basis. Such bonus shall be at the discretion of the Board Board(s) of Directors.

Appears in 1 contract

Samples: Employment Agreement (Old Dominion Electric Cooperative)

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