Common use of General Bonus Program Clause in Contracts

General Bonus Program. If the Company shall adopt a bonus program or any other form of profit-sharing participation for senior executive officers of the Company, Employee shall be eligible to participate in such program in a manner and capacity commensurate with his position and duties.

Appears in 3 contracts

Samples: Employment and Non Competition Agreement (Metretek Technologies Inc), Employment and Non Competition Agreement (Metretek Technologies Inc), Employment and Non Competition Agreement (Metretek Technologies Inc)

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General Bonus Program. If the Company shall adopt a bonus program or any other form of profit-sharing participation for senior executive officers of the Company, Employee shall only be eligible to participate in such program as authorized by the Board, in a manner and capacity commensurate with his position and dutiesits sole discretion.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement (Metretek Technologies Inc), Employment and Non Competition Agreement (Metretek Technologies Inc)

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General Bonus Program. If the Company shall adopt a bonus program or any other form of profit-sharing participation for senior executive officers of the Company, Employee Executive shall be eligible to participate in such program as authorized by the Board, in a manner and capacity commensurate with his position and dutiesits sole discretion.

Appears in 1 contract

Samples: Employment And (Midnight Holdings Group Inc)

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