Bonus Compensation. Executive shall be eligible to participate in any cash bonus compensation program available to full time officers of Company and eligible to receive an annual cash bonus during the Term on the same basis and under substantially the same terms as such similarly situated employees. The bonus award of Executive shall be established from time to time by Company, in its sole and unfettered discretion.
Appears in 21 contracts
Samples: Employment Agreement, Employment Agreement (Royal Caribbean Cruises LTD), Employment Agreement (Royal Caribbean Cruises LTD)
Bonus Compensation. Executive shall be eligible to participate in any cash bonus compensation program available to full time officers of Company and eligible to receive an annual cash bonus during the Term on the same basis and under substantially the same terms as such similarly situated employees. The bonus award of Executive shall be established from time to time by CompanyCompany or RCL, in its their sole and unfettered discretion.
Appears in 1 contract
Bonus Compensation. The Executive shall be eligible to participate in any cash bonus compensation program available to full time officers similarly situated executives of the Company and eligible to receive an annual cash bonus during the Term on the same basis and under substantially the same terms as such similarly situated employeesexecutives. The minimum target bonus award of the Executive shall be established from time an amount equal to time by Company, in its sole and unfettered discretion60% of the then Base Compensation of the Executive.
Appears in 1 contract