Common use of Profit Sharing Clause in Contracts

Profit Sharing. The Executive shall not be entitled to participate in any profit sharing program of Employer, unless otherwise determined by Ultrak's CEO and/or Board of Directors, from time to time.

Appears in 4 contracts

Samples: Employment Agreement (Ultrak Inc), Employment Agreement (Ultrak Inc), Employment Agreement (Ultrak Inc)

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Profit Sharing. The Executive shall not be entitled to participate in any profit sharing program of the Employer, unless otherwise determined by Ultrak's the CEO and/or the Board of DirectorsDirectors of the Parent (the "BOARD"), from time to time.

Appears in 1 contract

Samples: Employment Agreement (American Building Control Inc)

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