Common use of Cash Bonus Plans Clause in Contracts

Cash Bonus Plans. During the term, Employee shall be entitled to participate in the Employer's Management by Objective (the "MBO") and/or other cash bonus plans, if any, generally made available to senior management employees, from time to time, in accordance with and subject to the requirements of such plans (including, without limitation, the MBO); provided nothing herein shall obligate Employer to continue any of such plans including, without limitation, the MBO, for Employee if discontinued for other senior management employees or to maintain the present or any level of bonus potential.

Appears in 4 contracts

Samples: Employment Agreement (Market America Inc), Employment Agreement (Market America Inc), Employment Agreement (Market America Inc)

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Cash Bonus Plans. During the term, Employee shall may be entitled entitled, in the Employer's sole discretion, to participate in the Employer's Management by Objective (the "MBO") and/or other cash bonus plans, if any, generally made available to senior management employees, from time to time, in accordance with and subject to the requirements of such plans (including, without limitation, the MBO); provided nothing herein shall obligate Employer to continue any of such plans including, without limitation, the MBO, for Employee if discontinued for other senior management employees or to maintain the present or any level of bonus potential.

Appears in 1 contract

Samples: Employment Agreement (Market America Inc)

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Cash Bonus Plans. During the term, Employee shall be entitled entitled, to participate in the Employer's Management by Objective (the "MBO") and/or other cash bonus plans, if any, generally made available to senior management employees, from time to time, in accordance with and subject to the requirements of such plans (including, without limitation, the MBO); provided nothing herein shall obligate Employer to continue any of such plans including, without limitation, the MBO, for Employee if discontinued for other senior management employees or to maintain the present or any level of bonus potential.

Appears in 1 contract

Samples: Employment Agreement (Ridinger James H)

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