Common use of Interest Bonus Clause in Contracts

Interest Bonus. Employee shall, during the term of his employment under this Agreement, receive a bonus which is equal to the interest due on the Note. Such bonus shall be paid to the Employee at the time the interest is due on the Note.

Appears in 5 contracts

Samples: Employment Agreement (Johnson Polymer Inc), Employment Agreement (Johnson Polymer Inc), Employment Agreement (Johnson Polymer Inc)

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Interest Bonus. Employee shall, during the term of his her employment under this Agreement, receive a bonus which is equal to the interest due on the Note. Such bonus shall sxxXx be paid to the Employee at the time the interest is due on the Note.

Appears in 1 contract

Samples: Employment Agreement (Johnson Polymer Inc)

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Interest Bonus. Employee shall, during the term of his employment under this Agreement, receive a bonus which is equal to the interest due on the Note. Such bonus shall be paid to the Employee at the time the interest is due on the Note.

Appears in 1 contract

Samples: Employment Agreement (Johnson Polymer Inc)

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