Employee Bonus. Employee shall be eligible to participate in any bonus program as the Company may adopt or maintain in its sole discretion from time to time for its similarly situated employees, subject to the terms and conditions of any such program.
Employee Bonus. If awarded by the Hospital, Resident will receive the annual AdventHealth employee bonus.
Employee Bonus. Except as set forth on Schedule 8.24, no employees of the Company are entitled to bonus or similar payments for services rendered during the 2014 fiscal year and all bonus or similar payments required to be paid for any fiscal year prior to the 2014 fiscal year have been waived by the employee or paid in full.
Employee Bonus. All employees will be eligible for a one-time bonus under the following guidelines:
Employee Bonus. Parent shall pay bonuses to the persons set forth on Schedule 5.16 in the amounts and subject to the terms and conditions set forth on Schedule 5.16. 5.17
Employee Bonus. In addition to the Employee’ base salary in accordance with the resolution of the Board of Directors of the Corporation and GTI the Employer may pay to the Employee the Employee’s performance-based incentive bonus (the “EMPLOYEE BONUS”) in an amount equivalent to US$ 140,000 (one hundred and forty thousand dollars). The bonus shall be paid annually. The actual amount of the annual payment will depend on the results of overall performance of GTI, the performance of the Employee’s business unit and on the achievement of personal objectives.
Employee Bonus. 33 6.08. Confidentiality...............................................33 6.09. Directors' and Officers' Liability Insurance..................33
Employee Bonus. A bonus in the range of $26 to $208 per full-time employee and pro-rata for part- time and new employees, based on the achievements of the objectives listed below in each previous two quarters, will be paid in:
Employee Bonus. (a) At Company’s request, and as contemplated in the TSA, Service Provider has agreed to adopt a key employee incentive bonus plan (“WOP Employee Incentive Plan”) to incentivize Eligible Employees of Service Provider to assist Company in achieving the objectives contemplated in the TSA to provide additional support services to Company related to the Chapter 11 Cases that are in addition to services required to be provided to Company in the Existing MSA, all of which require more work and longer hours than what was contemplated in the Existing MSA. Service Provider agrees that the WOP Employee Incentive Plan will provide Eligible Employees an opportunity to earn bonuses from the Bonus Pool upon the completion of each milestone described below, payable upon the Payout Date, except that an Eligible Employee shall not be entitled to receive any bonus (x) unless such Eligible Employee diligently worked in good faith (in the sole discretion of CRO) towards achieving the Restructuring Transaction (as defined in the TSA) or (y) if such Eligible Employee is not employed by Service Provider on the Payout Date (clauses (x) and (y), together, “Ineligible Employees”), and provided further, that each Ineligible Employee’s bonus amount (if any) shall revert to Company, and will be distributed by the Escrow Agent to Company from the Escrow Account, on the Payout Date, the date of such Ineligible Employee’s departure from Service Provider, or at the sole discretion of CRO, if the Plan Effective Date is not reached within one hundred twenty (120) calendar days of the Petition Date (as such milestone may be extended under the TSA), as applicable. Company shall have no obligation to pay awards, if any, under the WOP Employee Incentive Plan, which will be the sole obligation of Service Provider and funded from the Escrow Account.
Employee Bonus. Purchaser acknowledges and agrees that NAA shall, concurrently with or immediately subsequent to the Closing, make payment of a bonus to Xxxxx Xxxxxx in the amount of $500,000, in consideration of and in recognition of valuable services previously provided by Xxxxx Xxxxxx to NAA.
