Common use of Performance Award and Cash Bonus Plan of Transocean Ltd Clause in Contracts

Performance Award and Cash Bonus Plan of Transocean Ltd. In addition to your Base Salary, you continue to be eligible to participate in the Performance Award and Cash Bonus Plan or any successor plan (the “AIP”) in accordance with its applicable terms and to the extent determined by the Committee in its sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Transocean Ltd.), Employment Agreement (Transocean Ltd.)

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Performance Award and Cash Bonus Plan of Transocean Ltd. In addition to your Base Salary, you continue to will be eligible to participate in the Performance Award and Cash Bonus Plan or any successor plan (the “AIP”) in accordance with its applicable terms and to the extent determined by the Committee in its sole discretion.applicable

Appears in 1 contract

Samples: Employment Agreement (Transocean Ltd.)

Performance Award and Cash Bonus Plan of Transocean Ltd. In addition to your Base Salary, you continue to be eligible to participate in the Performance Award and Cash Bonus Plan or any successor plan (the “AIP”) in accordance with its applicable terms and to the extent determined by the Committee in its sole discretion.sole

Appears in 1 contract

Samples: Employment Agreement (Transocean Ltd.)

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Performance Award and Cash Bonus Plan of Transocean Ltd. In addition to your Base Salary, you continue to will be eligible to participate in the Performance Award and Cash Bonus Plan or any successor plan (the “AIP”) in accordance with its applicable terms and to the extent determined by the Committee in its sole discretion.sole

Appears in 1 contract

Samples: Employment Agreement (Transocean Ltd.)

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