Common use of Incentive and/or Bonus Compensation Clause in Contracts

Incentive and/or Bonus Compensation. In addition to the foregoing minimum Base Salary, the Executive shall be eligible during the term of this Agreement to receive incentive compensation determined and payable in accordance with any incentive compensation plans of the Bank in effect from time to time for members of executive management generally.

Appears in 4 contracts

Samples: Employment Agreement (Ponce Financial Group, Inc.), Employment Agreement (PDL Community Bancorp), Employment Agreement (PDL Community Bancorp)

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Incentive and/or Bonus Compensation. In addition to the foregoing minimum Base Salary, the Executive shall be eligible during the term of this Agreement to receive incentive compensation determined and payable in accordance with any incentive compensation plans of the Bank MHC and the Bancorp in effect from time to time for members of executive management generally.

Appears in 3 contracts

Samples: Employment Agreement (PDL Community Bancorp), Employment Agreement (PDL Community Bancorp), Employment Agreement (PDL Community Bancorp)

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Incentive and/or Bonus Compensation. In addition to the foregoing minimum Base Salary, the Executive Employee shall be eligible during the term of this Agreement to receive incentive compensation determined and payable in accordance with any incentive compensation plans of the Bank Employers in effect from time to time for members of executive management generally.

Appears in 2 contracts

Samples: Employment Agreement (HarborOne Bancorp, Inc.), Employment Agreement (HarborOne Bancorp, Inc.)

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