Common use of Equity Grants/Bonus Schemes Clause in Contracts

Equity Grants/Bonus Schemes. In the Board’s sole discretion, Executive will be eligible to participate in Employer’s ex gratia Bonus Schemes, in accordance with the terms of any ex gratia bonus plan documents, award agreements, and any notices provided by Employer to Executive, including such terms as set forth on the attached Schedule 1. The assessment of the eligibility criteria as well as any actual payment under such ex gratia Bonus Schemes will be decided by the Employer in its absolute discretion. Any payment made in a given year shall not create any entitlement to any future payment under the Employer’s ex gratia Bonus Schemes. In addition, Executive shall be eligible to receive such other compensation and equity grants after commencing employment with the Employer as set forth on the attached Schedule 1.

Appears in 2 contracts

Samples: Employment Agreement (Quotient LTD), Employment Agreement (Quotient LTD)

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Equity Grants/Bonus Schemes. In the Board’s 's sole discretion, Executive will be eligible to participate in Employer’s 's ex gratia Bonus Schemes, in accordance with the terms of any ex gratia bonus plan documents, award agreements, and any notices provided by Employer to Executive, including such terms as set forth on the attached Schedule 1. The assessment of the eligibility criteria as well as any actual payment under such ex gratia Bonus Schemes will be decided by the Employer in its absolute discretion. Any payment made in a given year shall not create any entitlement to any future payment under the Employer’s 's ex gratia Bonus Schemes. In addition, Executive shall be eligible to receive such other compensation and equity grants after commencing employment with the Employer as set forth on the attached Schedule 1.

Appears in 1 contract

Samples: Employment Agreement (Quotient LTD)

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Equity Grants/Bonus Schemes. In the Board’s sole discretion, Executive will be eligible to participate in Employer’s ex gratia Bonus Schemes, in accordance with the terms of any ex gratia bonus plan documents, award agreements, and any notices provided by Employer to Executive, including such terms as set forth on the attached Schedule 1. The assessment of the eligibility criteria as well as any actual payment under such ex gratia Bonus Schemes will be decided by the Employer in its absolute discretion. Any payment made in a given year shall not create any entitlement to any future payment under the Employer’s ex gratia Bonus Schemes. In addition, Executive shall be eligible to receive such other compensation and an equity grants grant after commencing employment with the Employer as in accordance with the terms set forth on the attached Schedule 1.

Appears in 1 contract

Samples: Employment Agreement (Quotient LTD)

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