Common use of Bonus Provision Clause in Contracts

Bonus Provision. As an Executive of GNA or TAC, Employee shall be eligible for a bonus up to 50% percent of Base Salary. The Company may approve discretionary bonus amounts above 50% of Base Salary based on results. To receive a bonus, the Employee must be employed by GNA or TAC on the payment date of the bonus. The amount of the bonus, which will be paid to Employee within a reasonable time (no later than March 15) after the end of the fiscal year, will be determined by GNA in its discretion taking into account the goals and objectives of the bonus plan established for each fiscal year. Attachment I to this agreement specifies fiscal year 2009 bonus criteria.

Bonus Provision. As an Executive of GNA or TAC, Employee shall be eligible for a bonus up to 5030% percent of Base Salary. The Company may approve discretionary bonus amounts above 5030% of Base Salary based on results. To receive a bonus, the Employee must be employed by GNA or TAC on the payment date of the bonus. The amount of the bonus, which will be paid to Employee within a reasonable time (no later than March 15) after the end of the fiscal year, will be determined by GNA in its discretion taking into account the goals and objectives of the bonus plan established for each fiscal year. Attachment I to this agreement specifies fiscal year 2009 bonus criteria.

Bonus Provision. As an Executive of GNA or TAC, Employee shall be eligible for a bonus up to 50% percent of Base Salary. The Company may approve discretionary bonus amounts above 50% of Base Salary based on results. To receive a bonus, the Employee must be employed by GNA or TAC on the payment date of the bonus. The amount of the bonus, which will be paid to Employee within a reasonable time (no later than March 15) after the end of the fiscal year, will be determined by GNA in its discretion taking into account the goals and objectives of the bonus plan established for each fiscal year. Attachment I to this agreement specifies fiscal year 2009 bonus criteria. Your 2009 bonus will not be pro-rated based on your date of hire; you will be eligible for your full bonus.