Executive Bonus Program Sample Clauses
Executive Bonus Program. Employee shall be entitled to participate in any executive bonus program implemented for executives of the Company and approved by the Board.
Executive Bonus Program. For each full fiscal year during which Executive remains employed under this Agreement, Executive will have an opportunity to earn a fiscal year-end bonus based upon performance and earnings targets and other standards to be established by the Board for each such year and based upon the Board’s evaluations of Executive’s fiscal year results. Bonuses will be determined and awarded in the Board’s discretion following completion of the Company’s annual audit by independent auditors.
Executive Bonus Program. Executive agrees that the payment to Executive of the Existing Severance hereunder will not be deemed to be "in connection with circumstances which would permit such Participant to receive severance benefits pursuant to any contract of employment between such Participant and the Company or any of its subsidiaries" within the meaning of clause (d) of the last sentence of Section 5 of the Company's Executive Bonus Program, as in effect on the date hereof.
Executive Bonus Program. Amended and Restated Dividend Reinvestment and Stock Purchase Plan, dated July 24, 2012 and amended on July 25, 2012.
Executive Bonus Program. Executive shall be eligible for an annual cash bonus, which shall not exceed one hundred percent (100%) of his base salary for such period. The bonus shall be determined in accordance with the following formula, which shall be calculated on March 31 of the year following the year for which the bonus is to be calculated: 1999: 2.5% of any net revenues in excess of 1998 net revenues. 2000: 2.5% of any net revenues in excess of 1999 net revenues.
Executive Bonus Program. Executive shall be eligible for and a full participant in an executive and/or personal bonus program that will reward him for successfully closing an IPO, increasing shareholder value through increases in the stock price, and successfully closing strategic acquisitions or other major accomplishments within his full or partial control as Chief Financial Officer of the Employer. In the event no such plan is adopted, approved or implemented by the Board of Directors or the Compensation Committee thereof, Executive shall receive an annual cash bonus, which shall not exceed one hundred percent (100%) of his base salary for such period. The bonus shall be determined in accordance with the following formula, which shall be calculated no later than March 31 of the year following the year for which the bonus is to be calculated: 2000: 2.5% of any net revenues in excess of 1999 net revenues.
Executive Bonus Program. You are eligible to participate in the Executive Bonus Program which has an annualized potential of $50,000. You will be eligible to receive a prorated portion of this based upon your start date and the achievement of goals and successful attainment of objectives as mutually agreed by you and the President & CEO.
Executive Bonus Program. Executive will be eligible to receive an annual bonus in accordance with MTI’s Executive Bonus Program, which is established annually by the Board of Directors at its sole discretion. In order to receive an annual bonus under MTI’s Executive Bonus Program, Executive must be employed through the end of the applicable fiscal year. Any annual bonus received in accordance with MTI’s Executive Bonus Program shall be deemed earned upon payment and will be paid within sixty (60) days following the end of the applicable fiscal year.
Executive Bonus Program. Subject to approval by its Board of Directors or a committee thereof, you are eligible to participate in the Company’s Executive Bonus Program in accordance with the written terms of that Program, which provides the potential for a bonus up to [__]% of your annual base salary. The objectives associated with this bonus plan will be determined separately, but will include Company and individual goals.]]
Executive Bonus Program. For so long as he serves as Chief Executive Officer, Childers shall be entitled to receive in addition to compensation provided for in this Agreement, additional compensation as is provided for in Schedule II attached hereto and forming part of this Agreement.