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 Agreement (Metretek Technologies Inc), Employment Agreement (Metretek Technologies Inc), Employment Agreement (Metretek Technologies Inc)

AutoNDA by SimpleDocs

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 Agreement (Metretek Technologies Inc), Employment Agreement (Metretek Technologies Inc)

AutoNDA by SimpleDocs

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 Agreement (Midnight Holdings Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!