Bonuses and Additional Benefits Sample Clauses

Bonuses and Additional Benefits. The Employee may be awarded bonuses as agreed and set by the Board of Directors of the Company. Employee shall also be entitled to, and shall be accorded, all rights and benefits under any executive incentive plan (including the Company's Stock Option Plan), monetary bonus plan, participation or extra compensation plan, pension plan, profit sharing plan, disability insurance, health and major medical insurance policy or policies, and any other plans or benefits that the Company may from time to time provide for any officers generally during the Term. The Company shall accord the Employee such rights and benefits on a basis no less favorable than any other officers of comparable status of the Company or its subsidiaries or affiliates.
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Bonuses and Additional Benefits. The Executive may be awarded bonuses as agreed and set by the Board of Directors of the Company. Executive shall also be entitled to, and shall be accorded, all rights and benefits under any executive incentive plan (including the Company's Stock Option Plan), monetary bonus plan, participation or extra compensation plan, pension plan, profit sharing plan, disability insurance, health and major medical insurance policy or policies, and any other plans or benefits that the Company may from time to time provide for executives or for any senior officer generally during the Employment Period. The Company shall accord the Executive such rights and benefits on a basis no less favorable than any other officer or executive of the Company or its subsidiaries or affiliates.
Sample 1Sample 2
Bonuses and Additional Benefits. The Employee may be awarded bonuses as agreed and set by the Board of Directors of the Company. Employee shall also be entitled to, and shall be accorded, all rights and benefits under any executive incentive plan (including the Company's Stock Option Plan), monetary bonus plan, participation or extra compensation plan, pension plan, profit sharing plan, disability insurance, health and major medical insurance policy or policies, and any other plans or benefits that the Company may from time to time provide for any officers generally during the Term. The Company shall accord the Employee such rights and benefits on a basis no less favorable than any other officers of comparable status of the Company or its subsidiaries or affiliates. Notwithstanding any other provision of this Agreement, if, at the end of either of the first two years commencing on the effective date of the Company's Registration Statement filed with the Securities and Exchange Commission in connection with the pending initial public offering, the Company achieves $1,000,000 in pretax profits, before depreciation and amortization, the Employee shall receive a stock bonus in the amount of ___________ shares of the Company's Common Stock provided, however, that the Company shall not issue such stock bonus to the Employee if it is determined, based upon the audited financial statements during the year in which it is to be granted, that the issuance of such a stock bonus would negatively affect the listing of the Company's Common Stock
Sample 1
Bonuses and Additional Benefits. The Executive may be awarded bonuses as agreed and satisfy the Board of Directors of the Company. Executive shall also be entitled to, and shall be accorded, all rights and benefits under any executive incentive plan (including the Company's Stock Option Plan), monetary bonus plan, participation or extra compensation plan, pension plan, profit sharing plan, disability insurance, health and major compensation plan, pension plan, profit sharing plan, disability insurance, health and major medical insurance policy or policies, and any other plans or benefits that the Company may from time to time provide for executives or for any senior officer generally during the Employment Period. The Company shall accord the Executive such rights and benefits on a basis no less favorable than any other officer or executive of the Company or its subsidiaries or affiliates.
Sample 1
Bonuses and Additional Benefits. The Employee shall receive a one time $25,000 bonus if the Company consummates an acquisition other than the acquisition of Air Response, Inc.and Air Response South Inc. The Employee may be awarded bonuses as agreed and set by the Board of Directors of the Company. Employee shall also be entitled to, and shall be accorded, all rights and benefits under any executive incentive plan (including the Company's Stock Option Plan), monetary bonus plan, participation or extra compensation plan, pension plan, profit sharing plan, disability insurance, health and major medical insurance policy or policies, and any other plans or benefits that the Company may from time to time provide for any officers generally during the Term. The Company shall accord the Employee such rights and benefits on a basis no less favorable than any other officers of comparable status of the Company or its subsidiaries or affiliates.
Sample 1
Bonuses and Additional Benefits 
Sample 1

Related to Bonuses and Additional Benefits

  • Additional Benefits During the term of this Agreement, the Employee shall be entitled to the following fringe benefits:

  • Other Compensation or Benefits You acknowledge that, except as expressly provided in this Agreement, you will not receive any additional compensation, severance or benefits after the Separation Date.

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and long-term incentive plans which Company or an affiliate of Company may from time to time make available to Employee, Employee shall be entitled to the following during the Employment Term:

  • No Additional Compensation Notwithstanding any other provision of this Agreement, the obligation of Agency to return Referred Accounts, provide current status reports of all such accounts or information reasonably required by Client shall be without right to any additional Contingent Fee, administrative fees or other compensation of any kind or type whatsoever after such termination date, including, without limitation, in quantum meruit, for any Services rendered prior to termination (except on recoveries received and remitted to Client pursuant to this Agreement prior to termination) whether or not said Services result in or contribute to recoveries received after termination.

  • Exclusive Benefits of Parties This Deposit Agreement is for the exclusive benefit of the parties hereto, and their respective successors hereunder, and shall not be deemed to give any legal or equitable right, remedy or claim to any other person whatsoever.

  • Termination Benefits (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

  • Retirement Benefits Upon the occurrence of the Qualifying --------- ------------------- Date (except as otherwise specifically provided herein), the Bank will pay to the Director $671 per month for a continuous period of 120 months. Such continuous monthly installment payments shall commence on a date to be determined by the Bank, but in no event later than the first day of the sixth calendar month following the calendar month in which the Qualifying Date shall occur. In the event that the Director should die after becoming entitled to receive such installment payments but before all such payments have been made, the Bank will pay all remaining installment payments to such beneficiary or beneficiaries as the Director has designated in writing to the Bank (the "Beneficiaries"). In the event of the death of the last living Beneficiary before all remaining installment payments have been made, the balance of any payments which remain unpaid at such Beneficiary's death shall be commuted on the basis of eight percent (8%) per annum compounded interest and shall be paid in a single sum to the estate of the last Beneficiary to die. In the absence of any such beneficiary designation, or if no Beneficiary survives the Director, any payments remaining unpaid at the Director's death shall be commuted on the basis of eight percent (8%) per annum compounded interest and shall be paid in a single sum to the Director's estate.

  • Severance Compensation and Benefits Not in Derogation of Other Benefits Anything to the contrary herein contained notwithstanding, the payment or obligation to pay any monies, or granting of any benefits, rights or privileges to Executive as provided in this Agreement shall not be in lieu or derogation of the rights and privileges that the Executive now has or will have under any plans or programs of or agreements with the Company, except that if the Executive received any payment hereunder, the Executive shall not be entitled to any payment under the Company’s severance policy for officers and directors.

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