Common use of STOCK APPRECIATION BONUSES Clause in Contracts

STOCK APPRECIATION BONUSES. Within 30 days following each Renewal Date occurring during the otherwise remaining duration of the Term, the Executive shall receive payment of the Stock Appreciation Bonus to which he would have been entitled under Section 5(b) of this Agreement had his employment hereunder not terminated. (iv)

Appears in 2 contracts

Samples: Employment Agreement (Toymax International Inc), Employment Agreement (Toymax International Inc)

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STOCK APPRECIATION BONUSES. Within 30 days following each Renewal Date occurring during the otherwise remaining duration of the Term, the Executive shall receive payment of the Stock Appreciation Bonus to which he would have been entitled under Section 5(b) of this Agreement had his employment hereunder not terminated. (iv).

Appears in 2 contracts

Samples: Employment Agreement (Toymax International Inc), Employment Agreement (Toymax International Inc)

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