Common use of Bonus Payments Clause in Contracts

Bonus Payments. During the Term, Executive shall be entitled to receive, in addition to the Base Salary, an annual cash bonus payment in amounts to be determined at the sole discretion of the Compensation Committee.

Appears in 4 contracts

Samples: Consulting Agreement (HCC Insurance Holdings Inc/De/), Consulting Agreement (HCC Insurance Holdings Inc/De/), Employment Agreement (HCC Insurance Holdings Inc/De/)

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Bonus Payments. During the Term, Executive shall be entitled eligible to receive, in addition to the Base Salary, an annual cash and/or stock bonus payment in amounts amount, which may be zero, to be determined at the sole discretion of the Compensation Committee.

Appears in 3 contracts

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/), Employment Agreement (HCC Insurance Holdings Inc/De/), Employment Agreement (HCC Insurance Holdings Inc/De/)

Bonus Payments. During the Term, Executive shall be entitled to receive, in addition to the Base Salary, an annual cash bonus payment in amounts an amount, which may be zero, to be determined at the sole discretion of the Compensation Committee. If Executive elects to become a Consultant, he shall receive no bonus.

Appears in 2 contracts

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/), Employment Agreement (HCC Insurance Holdings Inc/De/)

Bonus Payments. During Each year during the Term, Executive shall be entitled to receive, in addition to the Base Salary, an annual cash bonus payment in amounts to be determined at the sole discretion of the Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/)

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Bonus Payments. During In addition to Base Salary, the Term, Executive shall be entitled to receive, in addition to the Base Salary, an annual cash receive such bonus payment in amounts to be determined at the sole discretion of payments as the Compensation CommitteeCommittee may determine from time to time.

Appears in 1 contract

Samples: Employment Agreement (Dynacs Inc)

Bonus Payments. During the Term, Executive shall be entitled to receive, in addition to the Base SalarySalary and Deferred Compensation, an annual cash bonus payment in amounts to be determined under the 2007 Incentive Compensation Plan, or, if no such plan shall be approved then at the sole discretion of the Compensation Committee and payable in a lump sum within 30 day of the Compensation Committee’s determination of the amount of said cash bonus.

Appears in 1 contract

Samples: Employment Agreement (HCC Insurance Holdings Inc/De/)

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