Common use of Performance Certification Clause in Contracts

Performance Certification. Promptly after the end of each Performance Period and as soon as quarterly financials are estimable, the Board shall certify the degree to which the applicable Performance Goals have been achieved and the amount of Quarterly Bonus payable to Executive hereunder. Any Quarterly Bonus required to be made under this Schedule 1 shall be paid in cash on a fully-vested basis by the Company as soon as possible after the end of the applicable Performance Period, but in any event not later than 30 days after the end of the Performance Period.

Appears in 6 contracts

Samples: Employment Agreement Ryan Midgett (Grizzly Energy, LLC), Employment Agreement (Grizzly Energy, LLC), Employment Agreement (Grizzly Energy, LLC)

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