Cash Bonus. The Executive shall be eligible for a cash bonus equal to an amount as determined by the Compensation Committee of the Board or by the independent directors (as that term is defined by the stock exchange or market on which the Company’s shares may be the traded).
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Samples: Employment Agreement (Electronic Cigarettes International Group, Ltd.), Employment Agreement (Electronic Cigarettes International Group, Ltd.), Employment Agreement (Nac Global Technologies, Inc.)
Cash Bonus. The Executive shall be eligible for a cash bonus equal to an amount as determined by the Compensation Committee of the Board or by the independent directors (as that term is defined by the stock exchange or market on which the Company’s shares may be the traded).. The Parties agree that for the Fiscal Year ended December 2006, the Executive shall be entitled to the following:
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Cash Bonus. The Executive shall be eligible for a cash bonus equal to an amount of up to two (2) times base salary as determined by the Compensation Committee of the Board or by the independent directors (as that term is defined by the stock exchange or market on which the Company’s shares may be the traded). Achievement of cash bonus will be based on achievement of objective metrics as approved by the Board of Directors, established no later than March 31st of each year.
Appears in 1 contract
Samples: Employment Agreement (Electronic Cigarettes International Group, Ltd.)
Cash Bonus. The Executive shall be eligible for a cash bonus equal to an amount as determined by the Compensation Committee of the Board or by the independent directors (as that term is defined by the stock exchange or market on which the Company’s shares may be the traded). The Executive is initially eligible for a cash bonus of up to 50% of his Base Salary, which bonus shall tied to Company performance as determined and memorialized by the Company’s Compensation Committee and appended to this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Electronic Cigarettes International Group, Ltd.)
Cash Bonus. The Executive shall be eligible for a cash bonus Cash Bonus equal to an amount as determined by the Compensation Committee of the Board or by the independent directors (as that term is defined by the stock exchange or market on which the Company’s shares may be the traded). Each Cash Bonus shall be paid no later than the 75th day of the fiscal year next following the fiscal year in respect of which Cash Bonus is awarded or earned, unless Executive shall elect to defer the receipt of such Cash Bonus.
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