Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 19 contracts
Samples: Employment Agreement (Mutualfirst Financial Inc), Employment Agreement (Mutualfirst Financial Inc), Employment Agreement (Southern Missouri Bancorp Inc)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank Company in discretionary bonuses as authorized and declared by the Board of Directors to of the Company for its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right of the Employee to participate in such bonuses when and as declared by the Company's Board of Directors.
Appears in 9 contracts
Samples: Employment Agreement (Towne Financial Corp /Oh), Employment Agreement (Towne Financial Corp /Oh), Employment Agreement (Towne Financial Corp /Oh)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank Association in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 9 contracts
Samples: Employment Agreement (First Securityfed Financial Inc), Employment Agreement (Peoples Sidney Financial Corp), Employment Agreement (Peoples Sidney Financial Corp)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank Association in discretionary bonuses as authorized and declared by the Board of Directors of the Association to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 9 contracts
Samples: Employment Agreement (Midland Capital Holdings Corp), Employment Agreement (Midland Capital Holdings Corp), Employment Agreement (First Niles Financial Inc)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors of the Bank to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 5 contracts
Samples: Employment Agreement (FFW Corp), Employment Agreement (Forrest City Financial Corp), Employment Agreement (First Midwest Financial Inc)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors of the Bank to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's ’s right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 4 contracts
Samples: Employment Agreement (Meta Financial Group Inc), Employment Agreement (Meta Financial Group Inc), Employment Agreement (Meta Financial Group Inc)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees, including but not limited to incentive bonuses and stock option plans. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses and stock option plans when and as declared by the Board of Directors.
Appears in 4 contracts
Samples: Employment Agreement (Bryan College Station Financial Holding Co), Employment Agreement (Bryan College Station Financial Holding Co), Employment Agreement (Bryan College Station Financial Holding Co)
Discretionary Bonuses. The Employee Executive shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Bank Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the EmployeeExecutive's right to participate in such bonuses when and as declared by the Board of DirectorsBank Board.
Appears in 4 contracts
Samples: Employment Agreement (Massachusetts Fincorp Inc), Employment Agreement (First Lincoln Bancshares Inc), Employment Agreement (Massachusetts Fincorp Inc)
Discretionary Bonuses. The Employee Executive shall be entitled to participate --------------------- in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Bank Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the EmployeeExecutive's right to participate in such bonuses when and as declared by the Board of DirectorsBank Board.
Appears in 3 contracts
Samples: Employment Agreement (Woronoco Bancorp Inc), Employment Agreement (Massachusetts Fincorp Inc), Employment Agreement (Massachusetts Fincorp Inc)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank similarly situated personnel in discretionary bonuses as authorized and declared by the Board of Directors to its executive employeesDirectors. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 3 contracts
Samples: Employment Agreement (Westerfed Financial Corp), Employment Agreement (Westerfed Financial Corp), Employment Agreement (Westerfed Financial Corp)
Discretionary Bonuses. The Employee shall be entitled to --------------------- participate in an equitable manner with all other executive officers of the Bank and the Company in discretionary bonuses as authorized and declared by the Board Boards of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board Boards of Directors.
Appears in 3 contracts
Samples: Employment Agreement (Ambanc Holding Co Inc), Employment Agreement (Ambanc Holding Co Inc), Employment Agreement (Ambanc Holding Co Inc)
Discretionary Bonuses. The Employee shall be entitled to --------------------------- participate in an equitable manner with all other executive officers key management personnel of the Bank in discretionary bonuses as authorized and declared by the Board Directors of Directors to its executive employeesthe Bank. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonuses when and as are declared by the Board of Directors.
Appears in 2 contracts
Samples: Employment Agreement (Peoples Bancorp of North Carolina Inc), Employment Agreement (Peoples Bancorp of North Carolina Inc)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers key management personnel of the Bank in discretionary bonuses as authorized and declared by the Board of Directors of the Bank to its executive key management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonuses when and as declared by the Board of Directors.
Appears in 2 contracts
Samples: Employment Agreement (Central Bancorp Inc /Ma/), Employment Agreement (Central Bancorp Inc /Ma/)
Discretionary Bonuses. The Employee shall be entitled to participate -------------------------- in an equitable manner with all other executive officers key management personnel of the Bank in discretionary bonuses as authorized and declared by the Board Directors of Directors to its executive employeesthe Bank. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonuses when and as are declared by the Board of Directors.
Appears in 2 contracts
Samples: Employment Agreement (Peoples Bancorp of North Carolina Inc), Employment Agreement (Peoples Bancorp of North Carolina Inc)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank Association in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's ’s right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 2 contracts
Samples: Employment Agreement (First Securityfed Financial Inc), Employment Agreement (First Securityfed Financial Inc)
Discretionary Bonuses. The Employee Executive shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors to its executive employeesexecutives. No other compensation provided for in this Agreement shall be deemed a substitute for the EmployeeExecutive's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 1 contract
Samples: Employment Agreement (Citizens Community Bancorp Inc.)
Discretionary Bonuses. The Employee Executive shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the EmployeeExecutive's right to participate in such bonuses when and as declared by the Board of DirectorsBoard.
Appears in 1 contract
Samples: Employment Agreement (First Lincoln Bancshares Inc)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank Association in discretionary bonuses as authorized and declared by the Board of Directors to of the Association for its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 1 contract
Samples: Employment Agreement (First Independence Corp /De/)
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's ’s right to participate in such bonuses when and as declared by the Board of DirectorsDirectors of the Bank.
Appears in 1 contract
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers employees of the Bank in discretionary bonuses as authorized and declared by which the Board of Directors in its absolute discretion may authorize and declare to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of DirectorsBoard.
Appears in 1 contract
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors of the Bank to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors, except for restrictions on bonuses contained in 3(c) below.
Appears in 1 contract
Discretionary Bonuses. The During the Term of this Agreement, the Employee shall be entitled to participate in an equitable manner with all other eligible executive officers employees of the Bank Employer in discretionary bonuses as any incentive compensation and bonus programs authorized and declared by the Board of Directors to its of Employer for executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses incentive compensation or bonus programs when and as declared by the Board of Directorsdeclared.
Appears in 1 contract
Discretionary Bonuses. The Employee shall be entitled to --------------------- participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors Trustees to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of DirectorsTrustees.
Appears in 1 contract
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in such discretionary bonuses bonuses, if any, as are authorized and declared by the Board of Directors to its for executive employees. No other compensation 3NEXT PAGE provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 1 contract
Discretionary Bonuses. The Employee Executive shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors of the Bank to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's Executive’s right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 1 contract
Samples: Employment Agreement (Tierone Corp)
Discretionary Bonuses. The In addition to his salary under Section 2, the Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in such discretionary bonuses as authorized may be authorized, declared, and declared paid by the Board to executive officers during the term of Directors to its executive employeesthis Agreement. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of DirectorsBoard.
Appears in 1 contract
Discretionary Bonuses. The Employee shall be entitled to --------------------- participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 1 contract
Discretionary Bonuses. The Employee shall be entitled to participate --------------------- in an equitable manner with all other executive officers key management personnel of the Bank in discretionary bonuses as authorized and declared by the Board of Directors of the Bank to its executive key management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonuses when and as declared by the Board of Directors.
Appears in 1 contract
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.. EMPLOYMENT AGREEMENT-- SCB and Xxxxx Xxx Xxxxxxx 1/1/2007 2 NEXT PAGE
Appears in 1 contract
Discretionary Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.
Appears in 1 contract
