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Bonuses, Etc Sample Clauses

Bonuses, Etc. The Executive shall be entitled to receive such annual bonus compensation in respect of each fiscal year of the Company (the "Bonus"), and to participate in such bonus, profit-sharing, stock option, incentive, and performance award plans and programs, if any, as may from time to time be determined by the Board of Directors or designated committee thereof.
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Bonuses, Etc. The Executive shall be entitled to participate in such bonus, profit-sharing, stock option, incentive, and performance award plans and programs, if any, as may from time to time be determined by the Board of Directors in its discretion (the “Bonus”). It is the intent of the Company and the Company’s Board of Directors to create a reasonable bonus plan for the Executive whereby the Executive would have an opportunity under such plan to earn a cash bonus of up to $30,000 per year.
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Bonuses, Etc. Xxxx shall also be considered annually for bonuses, ------------ deferred compensation, and/or stock options based upon his performance in light of objectives established by the Board of Directors of Resorts, it being understood that any such awards are at the discretion of the Board of Directors. Without limiting the generality of the foregoing, Xxxx shall be eligible to participate in (i) the Long-Term Incentive Plan of Associates (the "LTIP"), and (ii) any other bonus, incentive, deferred compensation and fringe benefit plans as Vail shall make generally available to other employees in senior management positions in accordance with the terms of the relevant contracts, policies or plans providing such benefits, specifically including health and dental insurance, any deferred incentive compensation plan and any discretionary annual bonus plan, all on such terms as the Board may determine. Xxxx'x annual target bonus under the LTIP shall be 40% of his Base Salary; provided, however, that such target shall not create any obligation on the part of Vail to declare any bonus to Xxxx in any amount or otherwise alter the discretionary nature of the LTIP. If any such compensation or benefits are paid or made available, it shall be at such time or times as the Board shall determine, based upon such factors, if any, as the Board may establish.
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Bonuses, Etc. The Executive shall be entitled to receive such bonus compensation (the "Bonus"), and to participate in the Company's fiscal 1998 and fiscal 1999 bonus plan in effect as of the Effective Date which shall include the terms set forth on Schedule I (which plan shall govern bonuses for the 1998 and 1999 fiscal years) and such other profit sharing, stock option, incentive, and performance award plans and programs, if any, as may from time to time be determined by the President and Chief Executive Officer or the Board of Directors.
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Bonuses, Etc. During the Employment Period, Executive shall be entitled to participate in such annual bonus incentive compensation programs, as well as such other profit-sharing, equity/option, incentive and performance award plans and programs, as may from time to time be made available to executives of the Company generally, or as determined by the Board, all in accordance with the terms and conditions of such plans and programs as they may be amended from time to time. For 2006, Executive shall be eligible for an annual bonus as described in Exhibit A attached hereto. In connection with, and contingent upon, the closing on or before July 31, 2007, of the contemplated initial public offering (the “IPO”) of Vision-Ease Lens, Inc., a Delaware corporation, and successor to the Company in connection with the IPO (“Vision-Ease Lens”), Executive shall be granted bonus stock of Vision-Ease Lens as is set forth in the Bonus Stock Award Agreement attached hereto as Exhibit B. The decision whether or not to pursue the IPO will be made solely by the Board in its sole discretion.
Sample 1
Bonuses, Etc. The Executive shall be entitled to participate in such bonus, profit- sharing, stock option, incentive, and performance award plans and programs, if any, as may from time to time be determined by the Board of Directors in its discretion (the “Bonus”). During the period commencing January 1, 2013 and ending December 31, 2014 (sometimes herein referred to as the “Initial Term”), the Company shall pay a Bonus to Executive in the amount of Fifteen Thousand Dollars ($15,000) per calendar quarter (prorated based on the number of days Executive was employed by the Company during the applicable calendar quarter). After the Initial Term, if this Agreement is renewed pursuant to Section 3.1 hereof, it is the intent of the Company and the Company’s Board of Directors to create a reasonable bonus plan for the Executive whereby the Executive would have an opportunity under such plan to earn a cash bonus of up to Sixty Thousand Dollars ($60,000) per year.
Sample 1
Bonuses, Etc. The Executive shall be entitled to receive such ------------- annual bonus compensation in respect of each fiscal year of the Company (the "Bonus"), and to participate in such bonus, profit-sharing, stock option, incentive, and performance award plans and programs, if any, as may from time to time be determined by the Board of Directors or designated committee thereof.
Sample 1
Bonuses, Etc. Executive shall also be considered annually for ------------ bonuses, deferred compensation, and/or stock options based upon his performance in light of objectives established by the Board, it being understood that any such awards are at the discretion of the CEO and the Board. Without limiting the generality of the foregoing, Executive shall be eligible to participate in (i) the Long-Term Incentive Plan of VRI (the "LTIP"), and (ii) any other bonus, incentive, deferred compensation and fringe benefit plans as VRI shall make generally available to other employees in senior management positions in accordance with the terms of the relevant contracts, policies or plans providing such benefits, all on such terms as the Board may determine. If any such compensation or benefits are paid or made available, it shall be at such time or times as the Board shall determine, based upon such factors, if any, as the Board may establish. Executive specifically acknowledges that the LTIP as currently in effect, and envisioned for the future, provides for deferral and possible forfeiture of earned bonus compensation depending on future year performance.
Sample 1

Related to Bonuses, Etc

  • Bonuses Executive shall be entitled to participate in discretionary bonuses or other incentive compensation programs that the Company and the Bank may award from time to time to senior management employees pursuant to bonus plans or otherwise.

  • Annual Bonuses For each fiscal year during the term of employment, the Executive shall be eligible to receive a bonus in the amount, if any, as may be determined from time to time by the Board in its discretion.

  • Cash Bonuses The Chief Executive Officer shall determine the Executive’s right to receive cash bonuses. Cash bonuses shall be awarded annually based upon the Executive’s and the Company’s annual performance pursuant to the Company’s policy. 5.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Incentive Bonuses Executive shall be entitled to participate in such incentive bonus programs as the Board of Directors may adopt from time to time for members of senior management of the Company (“Incentive Bonus”).

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Retention Bonuses (a) On or prior to the Closing Date, Sellers shall pay to each Transferred Entity Employee listed on Schedule 6.4(a) of the Sellers Disclosure Letter the bonus amounts listed opposite such Transferred Entity Employee’s name (collectively, the “Initial Retention Bonuses”). The Retention Bonuses, once paid, will not be included in the calculation of Working Capital. (b) Sellers shall pay directly to each Transferred Entity Employee listed on Schedule 6.4(b) of the Sellers Disclosure Letter, and be responsible for the employer portion of any payroll and employment taxes relating thereto and all related withholding (and Purchasers shall provide to Sellers such information and documentation as Sellers shall reasonably request related thereto), so long as such Transferred Entity Employee (i) is employed by a Transferred Entity or an Affiliate of Purchasers as of the Additional Retention Bonus Date (as defined below) and (ii) waives and releases any and all claims against Sellers and their Affiliates (not including Newco and Alkermes Gainesville), the bonus amounts listed opposite such Transferred Entity Employee’s name (collectively, the “Additional Retention Bonuses” and together with the Initial Retention Bonuses, the “Retention Bonuses”), which Additional Retention Bonuses shall be paid on December 15, 2015 or such other date prior to December 25, 2015 as Sellers may determine (the “Additional Retention Bonus Date”). Purchasers shall provide Sellers a list of Transferred Entity Employees employed by either a Transferred Entity or an Affiliate of Purchasers as of December 1, 2015 and shall be obligated to notify Sellers of any resignation or expected resignation of a Transferred Entity Employee prior to December 15, 2015. The Additional Retention Bonuses will not be included in the calculation of Working Capital.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

Most Referenced Clauses

Most Referenced Definitions