Common use of Compensation Plan Clause in Contracts

Compensation Plan. As compensation for the Executive's services under this Agreement, Executive shall be entitled to receive during his employment the base salary and fringe benefits in accordance with this Section 3 and in accordance with the compensation plan fixed for each fiscal year of the Company, commencing with the current fiscal year, and bonuses in accordance with Section 4 and stock options in accordance with Section 5.

Appears in 5 contracts

Samples: Employment Agreement (Sse Telecom Inc), Employment Agreement (Sse Telecom Inc), Employment Agreement (Sse Telecom Inc)

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Compensation Plan. As compensation for the Executive's services under this Agreement, Executive shall be entitled to receive during his employment the base salary salary, bonuses and fringe benefits in accordance with this Section 3 and in accordance with the compensation plan fixed for each fiscal year of the Company, commencing with the current fiscal year. The compensation plan for each fiscal year shall be established by the Company, reduced to writing and bonuses in accordance with Section 4 signed by the Executive and stock options in accordance with Section 5an officer of Telecom (other than the Executive).

Appears in 1 contract

Samples: Employment Agreement (Sse Telecom Inc)

Compensation Plan. As compensation for the Executive's services under this Agreement, Executive shall be entitled to receive during his employment the base salary salary, bonuses and fringe benefits in accordance with this Section section 3 and in accordance with the compensation plan fixed for each fiscal year of the Company, commencing with the current fiscal yearyear beginning September 26, 1993. The compensation plan for each fiscal year shall be established by the Company, reduced to writing and bonuses in accordance with Section 4 signed by the Executive and stock options in accordance with Section 5a director of Telecom, other than Executive.

Appears in 1 contract

Samples: Employment Agreement (Sse Telecom Inc)

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Compensation Plan. As compensation for the Executive's services under this Agreement, Executive shall be entitled to receive during his employment the base salary salary, bonuses and fringe benefits in accordance with this Section 3 and in accordance with the compensation plan fixed for each fiscal year of the Company, commencing with the current fiscal year, and bonuses in accordance with Section 4 and stock options in accordance with Section 5.

Appears in 1 contract

Samples: Employment Agreement (Sse Telecom Inc)

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