Incentive Bonuses. In addition to Annual Base Salary, the Executive shall be awarded the opportunity to earn an incentive bonus on an annual basis (“Incentive Bonus”) under an incentive compensation plan to be determined by the Compensation Committee of the Board (and attached hereto as Exhibit 1). During the Term of this Agreement, the annual Incentive Bonus which the Executive will have the opportunity to earn shall be reviewed at least annually and be increased at the discretion of the Compensation Committee of the Board.
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Samples: Employment Agreement (Lakeland Industries Inc), Employment Agreement (Lakeland Industries Inc), Employment Agreement (Lakeland Industries Inc)
Incentive Bonuses. In addition to Annual Base Salary, the Executive shall be awarded the opportunity to earn an incentive bonus on an annual basis (“Incentive Bonus”) under an incentive compensation plan to be determined by the Compensation Committee of the Board (and attached hereto as Exhibit 1). During the Term of this Agreement, the annual Incentive Bonus which the Executive will have the opportunity to earn shall be reviewed at least annually and be increased at the discretion of the Compensation Committee of the Board."Incentive
Appears in 2 contracts
Samples: Employment Agreement (Angelica Corp /New/), Employment Agreement (Angelica Corp /New/)
Incentive Bonuses. In addition to Annual Base Salary, the Executive shall may be awarded the opportunity to earn an incentive bonus on an annual basis (“Incentive Bonus”) under an incentive compensation plan to be determined by the Compensation Committee of the Board (and attached hereto as Exhibit 1). During the Term of this Agreement, the annual Incentive Bonus which the Executive will have the opportunity to earn shall be reviewed at least annually and be increased at the discretion of the Compensation Committee of the Board.
Appears in 2 contracts
Samples: Employment Agreement (Lakeland Industries Inc), Employment Agreement (Lakeland Industries Inc)
Incentive Bonuses. In addition to Annual Base Salary, the Executive shall be awarded the opportunity to earn an incentive bonus on an annual basis (“Incentive Bonus”) under an incentive compensation plan to be determined by the Compensation Committee of the Board (and attached hereto as Exhibit 1). During the Term of this Agreement, the annual Incentive Bonus which the Executive will have the opportunity to earn shall be reviewed at least annually and be increased at the discretion of the Compensation Committee of the Board.
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Incentive Bonuses. In addition to Annual Base Salary, the Executive shall be awarded the opportunity to earn an incentive bonus on an annual basis (“"Incentive Bonus”") under an any incentive compensation plan which are generally available to be determined by the Compensation Committee other similarly situated executives of the Board (and attached hereto as Exhibit 1)Company. During the Term of this Agreement, the annual target Incentive Bonus which the Executive will have the opportunity to earn shall be reviewed at least annually and be increased at the discretion of the Compensation Committee of the Board.shall
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Incentive Bonuses. In addition to Annual Base Salary, the Executive shall be awarded the opportunity to earn an incentive bonus on an annual basis (“"Incentive Bonus”") under an incentive compensation plan to planto be determined by the Compensation Committee of the Board (and attached hereto as Exhibit 1)Board. During the Term of this Agreement, the annual Incentive Bonus which the Executive will have the opportunity to earn shall be reviewed at least annually and be increased at the discretion of the Compensation Committee of the Board.
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Incentive Bonuses. In addition to Annual Base Salary, the Executive shall be awarded the opportunity to earn an incentive bonus on an annual basis (“"Incentive Bonus”") under an incentive compensation plan to which equals $1300.00 for each xxxxx of additional after tax earnings incrementally earned over the prior year's fiscal earnings, which shall be determined by calculated from the Compensation Committee of the Board (and attached hereto as Exhibit 1)Company's certified audited financial statements. During the Term of this Agreement, the annual target Incentive Bonus which the Executive will have the opportunity to earn shall be reviewed at least annually and be increased at the discretion of the Board or the Compensation Committee of the Board.
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