Common use of PERFORMANCE CASH BONUSES Clause in Contracts

PERFORMANCE CASH BONUSES. (i) With respect to each Fiscal Year ending during the Term, Executive will be eligible to receive a cash bonus equal to a percentage of his Base Salary upon the Company's achievement of certain performance thresholds as determined by the Board of Directors (the "Board of Directors").

Appears in 6 contracts

Samples: Agreement (Loehmanns Holdings Inc), Agreement (Loehmanns Holdings Inc), Employment Agreement (Loehmanns Holdings Inc)

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