Common use of Bonus Pool Clause in Contracts

Bonus Pool. The Company intends to create a bonus plan based upon the earnings of the Company to provide incentives for certain employees of the Company and its subsidiaries. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Compensation Committee, in its discretion. Nothing in this Agreement shall require the Company to pay any such bonus.

Appears in 1 contract

Samples: Employment Agreement (3-D Geophysical Inc)

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Bonus Pool. The Company intends to create a bonus plan based upon the earnings of the Company to provide incentives for certain employees of the Company and its subsidiaries. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Compensation CommitteeChief Executive Officer and the Directors, in its their discretion. Nothing in this Agreement shall require the Company to pay any such bonus.

Appears in 1 contract

Samples: Employment Agreement (3-D Geophysical Inc)

Bonus Pool. The Company intends to create a bonus plan based upon the earnings of the Company to provide incentives for certain employees of the Company and its subsidiaries. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Compensation CommitteeBoard of Directors of the Company or a duly constituted committee thereof, in its discretion. Nothing in this Agreement shall require the Company to pay any such bonus.

Appears in 1 contract

Samples: Employment Agreement (3-D Geophysical Inc)

Bonus Pool. The Company intends to create a bonus plan based upon the earnings of the Company to provide incentives for certain employees of the Company and its subsidiaries. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Compensation Committee, in its discretion. Nothing in this Agreement shall require the Company to pay any such bonus.Committee of the

Appears in 1 contract

Samples: Executive Employment Agreement (3-D Geophysical Inc)

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Bonus Pool. The Company intends to create a bonus plan based upon the earnings of the Company to provide incentives for certain employees of the Company and its subsidiaries. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Compensation CommitteeBoard of Directors of the Company or a duly constituted committee thereof, in its discretion. Nothing in this Agreement shall require the Company to pay any such bonus.

Appears in 1 contract

Samples: Employment Agreement (3-D Geophysical Inc)

Bonus Pool. The Company intends to create a bonus plan based upon the earnings of the Company to provide incentives for certain employees of the Company and its subsidiaries. The Employee shall be entitled to participate in such plan on such terms as may be determined by the Compensation CommitteeBoard of Directors of the Company or a duly constituted committee thereof, in its their discretion. Nothing in this Agreement shall require the Company to pay any such bonus.

Appears in 1 contract

Samples: Employment Agreement (3-D Geophysical Inc)

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