Discretionary Bonus Plan. Company has a discretionary bonus plan for key executives. Employee shall be entitled to participate in such discretionary bonus plan.
Discretionary Bonus Plan. The Executive shall be eligible to participate in the Company's Discretionary Bonus Plan (the "Bonus Plan"), as may be amended from time to time on the following terms:
Discretionary Bonus Plan. Employee will be eligible to participate in such discretionary bonus plans as the Company may establish from time to time for similarly situated employees of the Company, in accordance with the terms of any such plans and any amendments thereto. This Section 3(e) shall not be construed to require the Company to provide any discretionary bonus plans or programs. The Company may terminate or modify such plans or programs at any time, in its sole discretion.
Discretionary Bonus Plan. Company is in the process of developing ------------------------ a discretionary bonus plan for key executives Employee shall be entitled to participate in such discretionary bonus plan. Employee shall additionally receive a Five Thousand Dollar ($5,000.00) bonus on March 31, 1996 providing you are still actively employed by Women's Bank on that date.
Discretionary Bonus Plan. The Executive shall be eligible to participate in the Company's Discretionary Bonus Plan (the "Bonus Plan"), as may be amended from time to time. The bonus will be based on prescribed written performance milestones to be discussed between the Executive and the CEO, and established by the CEO, the final amount to be determined in the discretion of the CEO, subject to certain other factors, including the Company's performance, financial stability, and availability of cash. The amount Executive will be eligible to earn are:
Discretionary Bonus Plan. Diffraction has the additional following plans:
Discretionary Bonus Plan. Provided that Employee (i) has remained actively serving in the position of Senior Vice President and Chief Financial Officer through December 31, 2012 or, if the Ending Date has been extended, to the extended Ending Date; and (ii) the Company determines in its sole and absolute discretion and unfettered judgment that Employee’s performance during such calendar year has been exemplary, then Company may in its sole and absolute discretion, without any obligation to do so, pay Employee a Discretionary Bonus for such calendar year in the amount of $20,000 subject to all applicable withholding amounts.
Discretionary Bonus Plan. Employee shall be entitled to ------------------------ participate in such discretionary bonus plan as may be adopted and amended, from time to time, by the Company.
Discretionary Bonus Plan. For the period of Employee's employment, Employee will be eligible to participate In the Enstar annual discretionary performance bonus program established by Enstar from time to time. Currently, the Discretionary Bonus Plan is based upon Employee's performance and the profitability of Enstar. Payment of a bonus, if any, is not a wage and is not earned or accrued or payable until the date that it is actually tendered to Employee. If awarded, any bonus shall be payable at such time as the Company pays annual bonuses generally to its employees, but in no event later than April 30 following the end of each year; provided, however, that the payment of any bonus Is conditioned upon Employee being actually employed by the Company on the date bonuses are paid to the Company's employees that year.
Discretionary Bonus Plan. Employee will be eligible to participate in such discretionary bonus plans as the Company may establish from time to time for similarly situated employees of the Company, in accordance with the terms of any such plans and any amendments thereto. Employee shall be eligible to receive a performance bonus of up to fifty percent (50%) of his annual base compensation, provided that (i) the Company, in its sole discretion, awards such bonuses in a given year and (ii) Employee meets certain performance criteria as established by the Company upon consultation with Employee; provided, however, that Employee will receive a bonus payment in the first year of the Initial Term of at least twenty percent (20%), but no more than fifty percent (50%), of his annual base compensation (the “Mandatory Bonus”), of which $25,000 will be paid to Employee on the Effective Date or within a reasonable time thereafter (but in no event later than December 31, 2009), and the remainder of such Mandatory Bonus will be calculated and paid to Employee in January 2010. For the avoidance of doubt, Employee will receive the Mandatory Bonus for his first year of employment with the Company in an amount totaling at least $50,000, but may receive an additional amount in accordance with the Company’s discretionary bonus plan and subject to the conditions set forth in subsections (i) and (ii) of this Section 3(e). Except as otherwise provided herein, this Section 3(e) shall not be construed to require the Company to provide any discretionary bonus plans or programs. The Company may terminate or modify such plans or programs at any time, in its sole discretion.
