Bonus Plans. The Company may pay Employee additional compensation in the form of a discretionary bonus and/or pursuant to an established bonus plan(s) that the Company may have in effect from time to time for similarly situated employees. The Company reserves the right to modify or cancel any bonus plan(s) that it may have in effect at any given time. The Company will be obligated to pay all amounts earned and due to Employee prior to the modification or cancellation of any established bonus plans. The bonus may be paid in cash, in equity securities of the Company, in stock options, or in any combination thereof at the Company’s discretion.
Appears in 2 contracts
Samples: Employment Agreement (Datatrak International Inc), Employment Agreement (Datatrak International Inc)
Bonus Plans. The Company may pay Employee additional compensation in the form of a discretionary bonus and/or pursuant to an Company established bonus plan(s) that the Company may have in effect from time to time for similarly similarly-situated employees. The Company reserves the right to modify or cancel any bonus plan(s) that it may have in effect at any given time. The Company will be obligated to pay all amounts earned and due to Employee prior to the modification or cancellation of any established bonus plans. The bonus may be paid in cash, in equity securities of the Company, in stock options, or in any combination thereof at the Company’s 's discretion.
Appears in 2 contracts
Samples: Employment Agreement (Datatrak International Inc), Employment Agreement (Datatrak International Inc)
Bonus Plans. The Company may pay Employee additional compensation in the form of a discretionary bonus and/or pursuant to an established bonus plan(s) that the Company may have in effect from time to time for similarly situated employees. The Company reserves the right to modify or cancel any bonus plan(s) that it may have in effect at any given time. The Company will be obligated to pay all amounts earned and due to Employee prior to the modification or cancellation of any established bonus plans. The bonus may be paid in cash, in equity securities of the Company, in stock options, or in any combination thereof at the Company’s 's discretion.
Appears in 2 contracts
Samples: Employment Agreement (Datatrak International Inc), Employment Agreement (Datatrak International Inc)
Bonus Plans. The Company may pay Employee additional compensation in the form of a discretionary bonus and/or pursuant to an Company-established bonus plan(s) that the Company may have in effect from time to time for similarly similarly-situated employees. The Company reserves the right to modify or cancel any bonus plan(s) that it may have in effect at any given time. The Company will be obligated to pay all amounts earned and due to Employee prior to the modification or cancellation of any established bonus plans. The Any such bonus may be paid in cash, in equity securities of the Company, in stock options, or in any combination thereof at the Company’s 's discretion.
Appears in 1 contract
Bonus Plans. The Company may pay Employee additional compensation in the form of a discretionary bonus and/or pursuant to an Company established bonus plan(s) that the Company may have in effect from time to time for similarly similarly-situated employees. The Company reserves the right to modify or cancel any bonus plan(s) that it may have in effect at any given time. The Company will be obligated to pay all amounts earned and due to Employee prior to the modification or cancellation of any established bonus plans. The bonus may be paid in cashSee Offer Letter dated February 21, in equity securities of 2002 for the Company, in stock options, or in any combination thereof at the Company’s discretionspecific description.
Appears in 1 contract
Samples: Employment Agreement (Installed Building Products, Inc.)