Common use of Short-Term Deferral Clause in Contracts

Short-Term Deferral. Any bonus payable pursuant to Sections 3.B.(i) – 3.(B).(ii) shall be paid to the Employee within a reasonable time, but in no event later than 60 calendar days, after the last day of the applicable fiscal year to which the bonus relates.

Appears in 2 contracts

Samples: Employment Agreement (HireQuest, Inc.), Employment Agreement (HireQuest, Inc.)

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Short-Term Deferral. Any bonus payable pursuant to Sections 3.B.(i3(b)(i), 3(b)(ii), 3(b)(iii) – 3.(B).(iior 3(b)(iv) shall be paid to the Employee within a reasonable time, but in no event later than 60 calendar days, after the last day of the applicable fiscal year or Determination Year to which the bonus relates.

Appears in 2 contracts

Samples: Employment Agreement (Nicholas Financial Inc), Employment Agreement (Nicholas Financial Inc)

Short-Term Deferral. Any bonus payable pursuant to Sections 3.B.(i3(b)(i) – 3.(B).(iior 3(b)(ii) shall be paid to the Employee within a reasonable time, but in no event later than 60 calendar days, after the last day of the applicable fiscal year or Determination Year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Nicholas Financial Inc)

Short-Term Deferral. Any bonus payable pursuant to Sections 3.B.(i) – 3.(B).(ii4.B.(i), 4.B.(ii), 4.B.(iii), or 4.B.(iv) shall be paid to the Employee within a reasonable time, but in no event later than 60 calendar days, after the last day of the applicable fiscal year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (HireQuest, Inc.)

Short-Term Deferral. Any bonus payable pursuant to Sections 3.B.(i3(b)(i)(B) – 3.(B).(iior 3(b)(ii)(B) shall be paid to the Employee within a reasonable time, but in no event later than 60 calendar days, after the last day of the applicable fiscal year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Nicholas Financial Inc)

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Short-Term Deferral. Any bonus payable pursuant to Section 3(b)(i) shall be paid to the Employee no later than the first business day following March 31, 2018. Any bonus payable pursuant to Sections 3.B.(i3(b)(ii), 3(b)(iii), 3(b)(iv) – 3.(B).(iior 3(b)(v) shall be paid to the Employee within a reasonable time, but in no event later than 60 calendar days, after the last day of the applicable fiscal year or Determination Year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Nicholas Financial Inc)

Short-Term Deferral. Any bonus payable pursuant to Sections 3.B.(i) – 3.(B).(ii) 4.B.(i), 4.B.(ii), or 4.B.(iii), shall be paid to the Employee Executive within a reasonable time, but in no event later than 60 calendar days, after the last day of the applicable fiscal year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (HireQuest, Inc.)

Short-Term Deferral. Any bonus payable pursuant to Sections 3.B.(i3(b)(i), 3(b)(ii), 3(b)(iii), 3(b)(iv) – 3.(B).(iior 3(b)(v) shall be paid to the Employee within a reasonable time, but in no event later than 60 calendar days, after the last day of the applicable fiscal year or Determination Year to which the bonus relates.

Appears in 1 contract

Samples: Employment Agreement (Nicholas Financial Inc)

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