Management Incentive Scheme Clause Samples
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Management Incentive Scheme. 7.2.1 The Board may procure the establishment of an incentive scheme for the Executive Managers and other key staff of the Company. The Board shall determine (for the avoidance of doubt, by a simple majority vote) which key staff of the Company is to be included in the scheme.
Management Incentive Scheme. 7.1 Unless otherwise agreed in writing, the Employee shall be entitled to participate in any Management Incentive Scheme that may be put in place from time to time to include a Chief Executive Bonus of up to $100,000 for achievement of target and which is dependent upon the Group achieving its Agreed Annual Business Plan. Any payments (whether in cash or kind) are contingent upon achieving substantially the annual defined performance milestones.
Management Incentive Scheme. ▇▇▇▇▇ ▇▇▇▇▇▇ shall have executed the SH Subscription and Call Option Agreement and KPMG shall have issued the KPMG Comfort Letter to the Buyer.
Management Incentive Scheme. The Employee will continue to be able to participate in the Company's Management Incentive Scheme in accordance with the terms of that Management Incentive Scheme, the terms of which are attached at Schedule 4.
Management Incentive Scheme. The Vendor warrants and agrees that it will pay to each manager of the Company an performance incentive bonus the terms of which must be agreed between the Purchaser and Vendor after the Completion Date acting reasonably.
Management Incentive Scheme