Common use of Bonus Clause in Contracts

Bonus. Executive shall be entitled to participate in any bonus plan or arrangements of the Bank in which the Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of the other compensation to which Executive is entitled under this Agreement.

Appears in 28 contracts

Samples: Employment Agreement (CB Financial Services, Inc.), Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.)

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Bonus. Executive shall be entitled eligible to participate in any bonus plan or arrangements arrangement of the Bank or the Company in which the Executive senior management is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of the other compensation to which Executive is entitled under this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (FSB Bancorp, Inc.), Employment Agreement (Seneca Financial Corp.), Employment Agreement (Seneca Financial Corp.)

Bonus. Executive shall be entitled to participate in any bonus plan or arrangements of the Bank Company in which the Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of the other compensation to which Executive is entitled under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.), Employment Agreement (Hamilton Bancorp, Inc.)

Bonus. Executive shall be entitled to participate in any bonus plan or arrangements of the Bank Company in which the Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of the other compensation to which Executive is entitled under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (ES Bancshares, Inc.), Employment Agreement (ES Bancshares, Inc.), Employment Agreement (ES Bancshares, Inc.)

Bonus. Executive shall be entitled to participate in any bonus plan or arrangements of the Bank in which the Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of the other compensation to which Executive is entitled under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (ES Bancshares, Inc.), Employment Agreement (ES Bancshares, Inc.), Employment Agreement (ES Bancshares, Inc.)

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Bonus. Executive shall be entitled to participate in any bonus plan or arrangements of the Bank in which the Executive senior management is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of the other compensation to which Executive is entitled under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Bancorp 34, Inc.), Employment Agreement (Bancorp 34, Inc.), Employment Agreement (Bancorp 34, Inc.)

Bonus. Executive shall be entitled to participate in any bonus plan or arrangements of the Bank Company in which the Executive senior management is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of the other compensation to which Executive is entitled under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Bancorp 34, Inc.), Employment Agreement (Bancorp 34, Inc.), Employment Agreement (Bancorp 34, Inc.)

Bonus. Executive shall be entitled to participate in any bonus plan or arrangements of the Bank in which the Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of the other compensation to which Executive is entitled under this Agreement. In addition, the Bank shall make an annual contribution of $9,547 to a non-qualified supplemental retirement plan for the benefit of Executive.

Appears in 2 contracts

Samples: Employment Agreement (CB Financial Services, Inc.), Employment Agreement (CB Financial Services, Inc.)

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