Common use of Discretionary Bonus Clause in Contracts

Discretionary Bonus. Employee also may be eligible for a bonus from time to time for his services during the Term. Employee’s eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof shall be in Employer’s sole discretion.

Appears in 16 contracts

Samples: Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp)

AutoNDA by SimpleDocs

Discretionary Bonus. Employee also may be eligible for a an annual bonus from time to time for his services during the Term. Employee’s eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof shall be in Employer’s sole discretion.

Appears in 7 contracts

Samples: Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp)

Discretionary Bonus. Employee also may be eligible for a bonus from time to time for his services during the Term. Employee’s eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof shall be in Employer’s sole discretion.

Appears in 7 contracts

Samples: Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp)

Discretionary Bonus. Employee also may be eligible for a bonus from time to time for his services during the Term. Employee’s 's eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof shall be in Employer’s 's sole discretion.

Appears in 6 contracts

Samples: Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp)

Discretionary Bonus. Employee also may be eligible for a bonus from time to time for his services during the Term. Employee’s eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof thereof, shall be in Employer’s sole discretion.

Appears in 3 contracts

Samples: Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp)

Discretionary Bonus. Employee also may be eligible for a an annual bonus from time to time for his services during the Term. Employee’s 's eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof shall be in Employer’s 's sole discretion.

Appears in 3 contracts

Samples: Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp)

Discretionary Bonus. Employee also may be eligible for a periodic bonus from time to time for his services during the Term. Employee’s eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof shall be in Employer’s sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Cytrx Corp), Employment Agreement (Cytrx Corp)

AutoNDA by SimpleDocs

Discretionary Bonus. Employee also may be eligible for a bonus from time to time for his services during the Term. Employee’s eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof thereof, shall be in Employer’s sole discretion; provided that the bonus payable with respect to calendar year 2010 shall not be less than 25% of Employee’s base salary at the time that bonus is paid.

Appears in 1 contract

Samples: Employment Agreement (Cytrx Corp)

Discretionary Bonus. Employee also may be eligible for a an annual bonus from time to time for his services during the Term. Employee’s eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof shall be in Employer’s sole discretion. In determining whether to award a bonus and the amount, if any, of such bonus, Employer may consider, among other factors, the achievement by Employer and Employee of the corporate objectives set forth on Schedule 2 to this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Cytrx Corp)

Discretionary Bonus. Employee also may be eligible for a bonus from time to time for his services during the Term. Employee’s eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof thereof, shall be in Employer’s sole discretion. For 2009, any discretionary bonus shall not be prorated, and instead shall be commensurate to a full year of service.

Appears in 1 contract

Samples: Employment Agreement (Cytrx Corp)

Discretionary Bonus. Employee also may be eligible for a bonus from time to time for his services during the Term. Employee’s eligibility to receive a bonus, any determination to award Employee such a bonus and, if awarded, the amount thereof thereof, shall be in Employer’s sole discretion; provided that the bonus payable with respect to calendar year 2011 shall not be less than 25% of Employee’s base salary at the time that bonus is paid.

Appears in 1 contract

Samples: Employment Agreement (Cytrx Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!