Common use of Incentive and Bonus Compensation Clause in Contracts

Incentive and Bonus Compensation. The Executive shall continue to participate in the Company’s current performance bonus program as described in Exhibit A attached hereto. Further, if any other incentive or bonus compensation programs are made available to executives of the Company, generally, the Executive shall be entitled during the term hereof to participate in such program in accordance with the terms thereof, as such terms may be modified or amended by the Company from time to time; provided, however, that nothing contained herein shall obligate the Company to adopt or continue such additional incentive or bonus compensation programs. Any compensation paid to the Executive under such an incentive or bonus compensation program shall be in addition to the Base Salary.

Appears in 4 contracts

Samples: Employment Agreement (Dover Saddlery Inc), Employment Agreement (Dover Saddlery Inc), Employment Agreement (Dover Saddlery Inc)

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Incentive and Bonus Compensation. The Executive shall continue to participate in the Company’s 's current performance bonus program as described in Exhibit A attached hereto. Further, if any other incentive or bonus compensation programs are made available to executives of the Company, generally, the Executive shall be entitled during the term hereof to participate in such program in accordance with the terms thereof, as such terms may be modified or amended by the Company from time to time; provided, however, that nothing contained herein shall obligate the Company to adopt or continue such additional incentive or bonus compensation programs. Any compensation paid to the Executive under such an incentive or bonus compensation program shall be in addition to the Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Dover Saddlery Inc), Employment Agreement (Dover Saddlery Inc)

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