Common use of Determination of Bonus Clause in Contracts

Determination of Bonus. With respect to each fiscal year during the Term, the actual amount of the bonus payable pursuant to Subparagraph (a) shall be determined on the basis of criteria with respect to the performance of Officer and/or Company established by the Board (or a committee of the Board) in consultation with the Chief Executive Officer of the Company prior to the commencement of the fiscal year and such other factors and conditions as the Board may deem relevant; provided, however, that the criteria for the bonus for 1998 shall be established in the first quarter of 1998.

Appears in 5 contracts

Samples: Executive Employment Agreement (American Disposal Services Inc), Executive Employment Agreement (American Disposal Services Inc), Executive Employment Agreement (American Disposal Services Inc)

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Determination of Bonus. With respect to each fiscal year during the Term, the actual amount of the bonus payable pursuant to Subparagraph (a) shall be determined on the basis of criteria with respect to the performance of Officer and/or Company established by the Board (or a committee of the Board) in consultation with the Chief Executive Officer of the Company prior to the commencement of the fiscal year and such other factors and conditions as the Board may deem relevant; provided, however, that the criteria for the bonus for 1998 shall be established in the first quarter of 1998.

Appears in 1 contract

Samples: Executive Employment Agreement (American Disposal Services Inc)

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Determination of Bonus. With respect to each fiscal year during the Term, the actual amount of the bonus payable pursuant to Subparagraph (a) shall be determined on the basis of criteria with respect to the performance of Officer and/or Company established by the Board (or a committee of the Board) in consultation with the Chief Executive Officer of the Company prior to the commencement of the fiscal year and such other factors and conditions as the Board may deem relevant; provided, however, that the criteria for the bonus for 1998 1 998 shall be established in the first quarter of 19981 998.

Appears in 1 contract

Samples: Executive Employment Agreement (American Disposal Services Inc)

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