Common use of Success Bonus Clause in Contracts

Success Bonus. Employee is entitled to a success bonus in accordance with the provisions of Schedule A; provided, however, that, for purposes of determining whether Employee is entitled to such success bonus, Employee's employment hereunder shall be deemed to continue following the termination of such employment (i) by Employer without Cause (as defined herein), (ii) by Employee following a Constructive Termination Event (as defined herein), or (iii) as a result of the death or Permanent Disability (as defined herein) of Employee.

Appears in 5 contracts

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

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