Common use of Bonus Payout Clause in Contracts

Bonus Payout. The Board may elect to pay up to 50% of the bonus in fully vested and exercisable restricted stock or stock units issued under the Company’s 2004 Equity Incentive Plan.

Appears in 6 contracts

Samples: Executive Employment Agreement (HyperSpace Communications, Inc.), Executive Employment Agreement (HyperSpace Communications, Inc.), Executive Employment Agreement (HyperSpace Communications, Inc.)

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Bonus Payout. The Board may elect to pay up to 50% of the bonus in fully vested and exercisable restricted stock or stock units issued under the Company’s 2004 Equity Incentive Planunits.

Appears in 1 contract

Samples: Executive Employment Agreement (MPC Corp)

Bonus Payout. The Board may elect to pay up to 50% of the bonus in fully vested and exercisable restricted stock or stock units issued under the Company’s 2004 Equity Incentive Plan.units. 3772480_2.DOC

Appears in 1 contract

Samples: Executive Employment Agreement (MPC Corp)

Bonus Payout. The Board may elect to pay up to 50% of the bonus in fully vested and exercisable restricted stock or stock units issued under the Company’s 2004 Equity Incentive Plan.units. 3772503_2.DOC

Appears in 1 contract

Samples: Executive Employment Agreement (MPC Corp)

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Bonus Payout. The Board may elect to pay up to 50% of the bonus in fully vested and exercisable restricted stock or stock units issued under the Company’s 2004 Equity Incentive Plan.. Additional Executive Bonus Relating to Business Combinations Closed in 2007 Only

Appears in 1 contract

Samples: Executive Employment Agreement (MPC Corp)

Bonus Payout. The Board may elect to pay up to 50% of the bonus in fully vested and exercisable restricted stock or stock units issued under the Company’s 2004 Equity Incentive Plan.units. 3772623_1.DOC

Appears in 1 contract

Samples: Executive Employment Agreement (MPC Corp)

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