Common use of Bonus Pool Clause in Contracts

Bonus Pool. Executive shall participate to the extent of the percentage determined by the Board of Directors of Employer in the bonus pool (the “Bonus Pool”) created with respect to each accident underwriting year, consisting of that portion of the underwriting profit for such year designated by the Board of Directors of Employer.

Appears in 3 contracts

Samples: Employment Agreement (Odyssey Re Holdings Corp), Employment Agreement (Odyssey Re Holdings Corp), Employment Agreement (Odyssey Re Holdings Corp)

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Bonus Pool. Executive shall participate to the extent of the percentage determined by the Board of Directors of Employer in the bonus pool (the "Bonus Pool") created with respect to each accident underwriting year, consisting of that portion of the underwriting profit for such year designated by the Board of Directors of Employer.

Appears in 1 contract

Samples: Employment Agreement (Odyssey Re Holdings Corp)

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