Common use of Executive Incentive Bonus Clause in Contracts

Executive Incentive Bonus. In addition, Employee shall be eligible to participate in the Bank’s Executive Incentive Plan, in accordance with the terms and conditions of said plan, as the Bank, in its sole and absolute discretion, may establish from time to time.

Appears in 4 contracts

Samples: Release Agreement (Placer Sierra Bancshares), Release Agreement (Placer Sierra Bancshares), Release Agreement (Placer Sierra Bancshares)

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Executive Incentive Bonus. In additionaddition to the Base Salary, Employee shall be eligible to participate in the Bank’s an Executive Incentive Plan, Plan in accordance with the terms and conditions of said plan, as the Bank, in its sole and absolute discretion, may establish from time to timetime which shall be no less favorable than the Executive Incentive Plans for Bank’s other executives.

Appears in 1 contract

Samples: Release Agreement (Placer Sierra Bancshares)

Executive Incentive Bonus. In additionaddition to the Base Salary, in the event the Bank should establish a Bank Executive Incentive Plan, Employee shall be eligible to participate in the Bank’s Executive Incentive Plansaid plan, in accordance with the terms and conditions of said plan, as the Bank, in its sole and absolute discretion, may establish from time to time.

Appears in 1 contract

Samples: Release Agreement (Placer Sierra Bancshares)

Executive Incentive Bonus. In addition, Employee shall be eligible to participate in the BankCompany’s Executive Incentive Plan, in accordance with the terms and conditions of said plan, as the BankCompany, in its sole and absolute discretion, may establish from time to time, which shall be no less favorable than the executive incentive compensation arrangements for Company’s or the Bank’s other executives at the Executive Vice President level.

Appears in 1 contract

Samples: Release Agreement (Placer Sierra Bancshares)

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Executive Incentive Bonus. In addition, Employee shall be eligible to participate in the BankCompany’s Executive Incentive Plan, in accordance with the terms and conditions of said plan, as the BankCompany, in its sole and absolute discretion, may establish from time to time.

Appears in 1 contract

Samples: Release Agreement (Placer Sierra Bancshares)

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