Common use of Other and Additional Compensation Clause in Contracts

Other and Additional Compensation. The preceding sections establish the minimum compensation during the Term and shall not preclude the Compensation Committee from awarding Schein a higher salary or any bonuses or stock options, restricted stock or other forms of equity awards in the discretion of the Committee during the Term at any time. The Company shall pay Schein a monthly car allowance of $1,000.

Appears in 2 contracts

Samples: Employment Agreement (Lev Pharmaceuticals Inc), Employment Agreement (Lev Pharmaceuticals Inc)

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Other and Additional Compensation. The preceding sections establish the minimum compensation during the Term and shall not preclude the Compensation Committee Board from awarding Schein a higher salary or any bonuses or stock options, restricted stock or other forms of equity awards options in the discretion of the Committee Board during the Term at any time. The Company will adopt a bonus plan and Schein will be eligible to participate in such plan. The Company shall pay Schein a monthly car allowance of $1,000500.

Appears in 1 contract

Samples: Employment Agreement (Fun City Popcorn Inc)

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Other and Additional Compensation. The preceding sections establish the minimum compensation during the Term and shall not preclude the Compensation Committee Board from awarding Schein a higher salary or any bonuses or stock options, restricted stock or other forms of equity awards options in the discretion of the Committee Board during the Term at any time. The Company Corporation will adopt a bonus plan and Schein will be eligible to participate in such plan. The Corporation shall pay Schein a monthly car allowance of $1,000500.

Appears in 1 contract

Samples: Employment Agreement (Siga Technologies Inc)

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