Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Board from time to time.
Appears in 9 contracts
Samples: Employment Agreement (Gran Tierra Energy, Inc.), Executive Employment Agreement (Gran Tierra Energy, Inc.), Executive Employment Agreement (Gran Tierra Energy, Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an a target annual bonus payment of 80% of Base Salary in addition to the Executive’s Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Board from time to time).
Appears in 4 contracts
Samples: Executive Employment Agreement (Gran Tierra Energy Inc.), Executive Employment Agreement (Gran Tierra Energy Inc.), Employment Agreement (Gran Tierra Energy Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an a target annual bonus payment of 50% of Base Salary in addition to the Executive’s Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Board from time to time).
Appears in 4 contracts
Samples: Executive Employment Agreement (Gran Tierra Energy Inc.), Executive Employment Agreement (Gran Tierra Energy Inc.), Executive Employment Agreement (Gran Tierra Energy Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an a target annual bonus payment of 45% of Base Salary in addition to the Executive’s Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Board from time to time).
Appears in 3 contracts
Samples: Executive Employment Agreement (Gran Tierra Energy Inc.), Executive Employment Agreement (Gran Tierra Energy Inc.), Executive Employment Agreement (Gran Tierra Energy Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s 's employment (the “"Bonus”") as determined by the Board Company from time to time, the annual bonus target of which shall not be less than the Executive’s annual bonus target on the date of this Amendment.
Appears in 2 contracts
Samples: Executive Employment Agreement (Gran Tierra Energy Inc.), Executive Employment Agreement (Gran Tierra Energy Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s 's employment (the “"Bonus”") as determined by the Board Company from time to time.
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Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s employment (employment. The bonus target is 60% of the “Bonus”) as Executive’s base salary and the actual amount will be determined by the Board from time to timeannually.
Appears in 1 contract
Samples: Executive Employment Agreement (Gran Tierra Energy, Inc.)
Bonus Eligibility. The Executive shall will be eligible eligible, as determined by the Compensation Committee of the Board, to receive an annual a bonus payment in addition to Base Salary and other compensation for each the year of the Executive’s employment (the “Bonus”) in an amount equal to the greater of 100% of the Executive’s Base Salary and 200% of the Executive’s Base Salary in the event of a Change of Control (as determined by the Board from time to timedefined below).
Appears in 1 contract
Samples: Executive Employment Agreement (Gran Tierra Energy Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Compensation Committee of the Board of Directors of Gran Tierra (the “Board”) from time to time.. Subject to future change at the discretion of the said Compensation Committee, as of the Effective Date:
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Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s employment after 2006 (the “Bonus”) as determined by the Board from time to time.
Appears in 1 contract
Samples: Executive Employment Agreement (Gran Tierra Energy, Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an a target annual bonus payment of 100% of Base Salary in addition to the Executive’s Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Board from time to time).
Appears in 1 contract
Samples: Executive Employment Agreement (Gran Tierra Energy Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Board from time to time. .
Appears in 1 contract
Samples: Executive Employment Agreement (Gran Tierra Energy, Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Compensation Committee of the Board of Directors of Gran Tierra (the “Board”) from time to time, the annual bonus target of which shall not be less than the Executive’s annual bonus target on the date of this Amendment.
Appears in 1 contract
Samples: Executive Employment Agreement (Gran Tierra Energy Inc.)
Bonus Eligibility. The Executive shall be eligible to receive an annual bonus payment (the "Bonus") in addition to to-Base Salary and other compensation for each year of the Executive’s 's employment (the “Bonus”) as determined by by-the Board Quotaholders from time to time.
Appears in 1 contract