Common use of Executive Bonus Plan Clause in Contracts

Executive Bonus Plan. During the Term, the Executive shall be eligible to participate in the Company's Executive Bonus Plan (the "Bonus Plan"), in accordance with the terms and conditions of such Plan, as they may exist from time to time. Nothing herein shall preclude the Company from amending the Bonus Plan from time to time or terminating the Bonus Plan, in whole or in part, at any time.

Appears in 13 contracts

Samples: Employment Agreement (Toymax International Inc), Employment Agreement (Toymax International Inc), Employment Agreement (Toymax International Inc)

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Executive Bonus Plan. During the Term, the Executive shall be eligible to participate in the Company's Executive Bonus Plan (the "Bonus Plan"), in accordance with the terms and conditions of such Plan, as they may exist from time to time. Nothing herein shall preclude the Company from amending the Bonus Plan from time to time or terminating the Bonus Plan, in whole or in part, at any timetime and without prior notice.

Appears in 1 contract

Samples: Employment Agreement (Toymax International Inc)

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Executive Bonus Plan. During the Term, the Executive shall be eligible to participate in the Company's Executive Bonus Plan (the "Bonus Plan"), in accordance with the terms and conditions of such Plan, as they may exist from time to time. Nothing herein shall preclude the Company from amending the Bonus Plan from time to time or terminating the Bonus Plan, in whole or in part, part at any time.

Appears in 1 contract

Samples: Employment Agreement (Toymax International Inc)

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