Bonus Awards. Subject to Article IV of this Agreement, during the Employment Term the Employee shall be eligible to receive an annual bonus award based upon the financial performance of the Companies during the preceding fiscal year, the amount of which shall be determined in the sole discretion of the Board of Directors of K-Sea GP. Employee may also receive additional awards in the amounts and at such times as determined in the sole discretion of the Board of Directors of K-Sea GP.
Appears in 9 contracts
Samples: Employment Agreement (Kirby Corp), Employment Agreement (K-Sea Transportation Partners Lp), Employment Agreement (K-Sea Transportation Partners Lp)
