Common use of Incentive Bonus Plan Clause in Contracts

Incentive Bonus Plan. For 1998 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPI's Incentive Bonus Plan) setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards.

Appears in 9 contracts

Samples: Employment Agreement (Vacation Properties International Inc), Employment Agreement (Vacation Properties International Inc), Employment Agreement (Vacation Properties International Inc)

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Incentive Bonus Plan. For 1998 1997 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPI's Collectibles' Incentive Bonus Plan) setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards.

Appears in 2 contracts

Samples: Employment Agreement (Collectibles Usa Inc), Employment Agreement (Collectibles Usa Inc)

Incentive Bonus Plan. For 1998 1997 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPITSI's Incentive Bonus Plan) setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards, subject to Board approval.

Appears in 2 contracts

Samples: Employment Agreement (Travel Services International Inc), Employment Agreement (Travel Services International Inc)

Incentive Bonus Plan. For 1998 1997 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPI's Incentive Bonus Plan) setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards.

Appears in 2 contracts

Samples: Employment Agreement (Awg LTD), Employment and Non Competition Agreement (Palex Inc)

Incentive Bonus Plan. For 1998 1997 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPITSI's Incentive Bonus Plan) setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards.

Appears in 2 contracts

Samples: Employment Agreement (Travel Services International Inc), Employment Agreement (Travel Services International Inc)

Incentive Bonus Plan. For 1998 1999 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPI's Incentive Bonus Plan) setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards. Employee is eligible to participate in the Bonus Plan up to 50% of base pay.

Appears in 1 contract

Samples: Employment Agreement (Fyi Inc)

Incentive Bonus Plan. For 1998 1997 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPI's Incentive Bonus Plan) setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards.be

Appears in 1 contract

Samples: Employment Agreement (Staffmark Inc)

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Incentive Bonus Plan. For 1998 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPI's Incentive Bonus Plan) setting forth the performance and other criteria under which Employee and other officers and key employees of the Company will be eligible to receive year-end bonus awards.

Appears in 1 contract

Samples: Employment Agreement (Vacation Properties International Inc)

Incentive Bonus Plan. For 1998 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPI's Incentive Bonus Plan) setting forth the criteria under which Employee and other officers and key employees Management Company will be eligible to receive year-end bonus awards.

Appears in 1 contract

Samples: Management Services Agreement (Vacation Properties International Inc)

Incentive Bonus Plan. For 1998 2000 and subsequent yearsyears during the Term, it is the Company's intent to develop a written Incentive Bonus Plan (which may be VPI's Incentive Bonus Plan) setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards. Employee's targeted annual bonus (which term shall be defined consistent with the bonus plan being developed by the Company and PalEx with the assistance of Towers Xxxxxx) shall be 50% of Employee's then current base salary.

Appears in 1 contract

Samples: Employment Agreement (Ifco Systems Nv)

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