Common use of Bonus Opportunity Clause in Contracts

Bonus Opportunity. For each fiscal year of the Corporation during the Term, the Corporation shall grant to the Executive the opportunity to earn a bonus. Each such bonus opportunity will be based on objectives established with respect to that year, each as determined by the Compensation Committee of the Board. The specific bonus opportunity with respect to a particular fiscal year will be established by the Compensation Committee prior to or within the first three months of that fiscal year.

Appears in 6 contracts

Samples: Employment Agreement (Alamo Energy Corp.), Employment Agreement (Coyote Resources, Inc.), Employment Agreement (United American Petroleum Corp.)

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