Bonus Program. The Board, or the Compensation Committee, may, in its sole and absolute discretion, establish and maintain a performance bonus program for the Executive to provide for payment of a cash and/or non-cash bonus to the Executive. The Board, or the Compensation Committee, shall determine, in its sole and absolute discretion, the terms and conditions of any such bonus program, subject to paragraph (ii).
Appears in 4 contracts
Samples: Employment Agreement (Grubb & Ellis Co), Employment Agreement (Grubb & Ellis Co), Employment Agreement (Grubb & Ellis Co)