Common use of Cash Bonus Clause in Contracts

Cash Bonus. At the sole and exclusive discretion of the Board, the Company may pay to Employee an annual cash bonus (the “Cash Bonus”) in an amount determined in good faith by the Board based upon a complete review of Employee's performance under this Employment Agreement during the current calendar year and the growth and profitability of the Company and Employee's contribution thereto. Any Cash Bonus payable to Employee pursuant to this Section 5.02 shall be payable, if at all, on or before January 31, of each year during the Employment Period immediately following the prior calendar year then ended, based upon Employee’s performance for the immediate prior calendar year.

Appears in 9 contracts

Samples: Employment Agreement (N-Viro International Corp), Employment Agreement (N-Viro International Corp), Employment Agreement (N-Viro International Corp)

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Cash Bonus. At the sole and exclusive discretion of the Board, the Company may pay to Employee an annual cash bonus (the “Cash Bonus”) in an amount determined in good faith by the Board based upon a complete review of Employee's ’s performance under this Employment Agreement during the current calendar year and the growth and profitability of the Company and Employee's ’s contribution thereto. Any Cash Bonus payable to Employee pursuant to this Section 5.02 shall be payable, if at all, on or before January 31, of each year during the Employment Period immediately following the prior calendar year then ended, based upon Employee’s performance for the immediate prior calendar year.

Appears in 4 contracts

Samples: Employment Agreement (Skyynet Cloud Systems, Inc.), Employment Agreement (Skyynet Cloud Systems, Inc.), Employment Agreement (Skyynet Cloud Systems, Inc.)

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Cash Bonus. At the sole and exclusive discretion of the ----------- Board, the Company may pay to Employee an annual cash bonus (the "Cash Bonus") in an amount determined in good faith by the Board based upon a complete review of Employee's performance under this Employment Agreement during the current calendar year and the growth and profitability of the Company and Employee's contribution thereto. Any Cash Bonus payable to Employee pursuant to this Section 5.02 shall be payable, if at all, on or before January 31, of each year during the Employment Period immediately following the prior calendar year then ended, based upon Employee’s 's performance for the immediate prior calendar year.

Appears in 3 contracts

Samples: Employment Agreement (N-Viro International Corp), Employment Agreement (N-Viro International Corp), Employment Agreement (N-Viro International Corp)

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