Common use of Establishment of Annual Bonus Performance Goals Clause in Contracts

Establishment of Annual Bonus Performance Goals. The Company may propose new performance goals for purposes of determining additional annual bonuses payable to Executive, in consultation with Executive.

Appears in 3 contracts

Samples: Executive Employment Agreement (CV Sciences, Inc.), Executive Employment Agreement (Star Scientific Inc), Executive Employment Agreement (Star Scientific Inc)

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Establishment of Annual Bonus Performance Goals. The Company may propose new performance goals for purposes of determining additional annual bonuses payable to Executive, Executive in consultation with Executive.

Appears in 3 contracts

Samples: Executive Employment Agreement (CV Sciences, Inc.), Executive Employment Agreement (CV Sciences, Inc.), Executive Employment Agreement (CV Sciences, Inc.)

Establishment of Annual Bonus Performance Goals. The Company may propose new performance goals for purposes of determining additional annual bonuses payable to Executive, or his nominee, in consultation with Executive. The targeted amount of the Annual Bonus shall be 40% of Executive’s then effective Base Salary; provided, however, that the payment and amount of any Annual Bonus shall be in the sole discretion of the Board of Directors.

Appears in 2 contracts

Samples: Executive Employment Agreement (CV Sciences, Inc.), Executive Employment Agreement (CV Sciences, Inc.)

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Establishment of Annual Bonus Performance Goals. The Company may propose new performance goals for purposes of determining additional annual bonuses payable to Executive, or his nominee, in consultation with Executive. The targeted amount of the Annual Bonus shall be 60% of Executive’s then effective Base Salary; provided, however, that the payment and amount of any Annual Bonus shall be in the sole discretion of the Board of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (CV Sciences, Inc.)

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