Common use of Bonus Program Clause in Contracts

Bonus Program. The Company agrees to pay the Executive a performance and incentive bonus in respect of Executive’s employment with the Company each year in an amount determined by the CEO and Board of Directors (or any committee of the Board of Directors authorized to make that determination) to be appropriate based upon Executive’s, and the Company’s, achievement of certain specified goals, with a target bonus of 40%, or any other percentage determined by the Board of Directors, of Executive’s base salary during the year to which the bonus relates. The bonus shall be paid out partly in cash and partly in shares of stock options or restricted stock, at the discretion of the Board of Directors.

Bonus Program. The Company agrees to pay the Executive a performance and incentive bonus in respect of Executive’s 's employment with the Company each year in an amount determined by the CEO and Board of Directors (or any committee of the Board of Directors authorized to make that determination) to determination)to be appropriate based upon Executive’s's, and the Company’s's, achievement of certain specified goals, with a target bonus of 4050%, or any other percentage determined by the Board of Directors, of Executive’s 's base salary earnings during the year to which the bonus relates. The bonus shall be paid out partly in cash and partly in shares of stock options or restricted stock, at the discretion of the Board of DirectorsDirectors and shall be prorated for the first year of employment based on hire date.

Bonus Program. The Company agrees to pay the Executive a performance and incentive bonus in respect of Executive’s employment with the Company each year in an amount determined by the CEO and Board of Directors (or any committee of the Board of Directors authorized to make that determination) to be appropriate based upon Executive’s, and the Company’s, achievement of certain specified goals, with a target bonus of 4045%, or any other percentage determined by the Board of Directors, of Executive’s base salary earnings during the year to which the bonus relates. The bonus shall be paid out partly in cash and partly in shares of stock options or restricted stock, at the discretion of the Board of Directors.

Bonus Program. The Company agrees to pay the Executive a performance and incentive bonus in respect of Executive’s 's employment with the Company each year in an amount determined by the CEO and Board of Directors (or any committee of the Board of Directors authorized to make that determination) to be appropriate based upon Executive’s's, and the Company’s's, achievement of certain specified goals, with a target bonus of 4050%, or any other percentage determined by the Board of Directors, of Executive’s 's base salary earnings during the year to which the bonus relates. The bonus shall be paid out partly in cash and partly in shares of stock options or restricted stock, at the discretion of the Board of Directors.

Bonus Program. The Company agrees to pay the Executive a performance and incentive bonus in respect of Executive’s employment with the Company each year, payable the following year when bonuses are generally paid to executives, in an amount determined by the President and CEO and Board of Directors (or any committee of the Board of Directors authorized to make that determination) to be appropriate based upon Executive’s, and the Company’s, achievement of certain specified goals, with a target maximum bonus of 40%, or any other percentage determined by the Board of Directors, % of Executive’s base salary during the year to which the bonus relates. The bonus shall be paid out partly in cash and partly in shares of stock options or restricted stock, at in the discretion of the Board of Directors.

Bonus Program. The Company agrees to pay the Executive a performance and incentive bonus in respect of Executive’s employment with the Company each year, payable the following year when bonuses are generally paid to executives, in an amount determined by the CEO and Board of Directors (or any committee of the Board of Directors authorized to make that determination) to be appropriate based upon Executive’s, ’s and the Company’s, ’s achievement of certain specified goals, with a target maximum bonus of 40%, or any other percentage determined by the Board of Directors, 60% of Executive’s base salary during the year to which the bonus relates. The bonus shall be paid out partly in cash and partly in shares of stock options or restricted stock, at in the discretion of the Board of Directors.