Common use of Bonus Remuneration Clause in Contracts

Bonus Remuneration. In respect of each Year of Employment during the Employment Period, the Employee shall be entitled to receive a maximum of 25% of her Basic Salary as bonus remuneration based upon performance criteria agreed upon by the Chairman and Chief Executive Officer and approved by the Compensation Committee of the Board.

Appears in 2 contracts

Sources: Employment Agreement (OccuLogix, Inc.), Employment Agreement (OccuLogix, Inc.)

Bonus Remuneration. In respect of each Year of Employment during the Employment Period, the Employee shall be entitled to receive a maximum of 25% of her his Basic Salary as bonus remuneration based upon performance criteria agreed upon by the Chairman and Chief Executive Officer and approved by the Compensation Committee of the Board.

Appears in 1 contract

Sources: Employment Agreement (OccuLogix, Inc.)

Bonus Remuneration. In respect of each Year of Employment during the Employment Period, the Employee shall be entitled to receive a maximum of 25% 80 percent of her Basic Salary his salary as bonus remuneration based upon performance criteria agreed upon by the Chairman and Chief Executive Officer and approved by and/or the Compensation Committee of the BoardBoard of Directors.

Appears in 1 contract

Sources: Employment Agreement (OccuLogix, Inc.)