Common use of Super Bonus Clause in Contracts

Super Bonus. Executive shall be entitled to a super bonus (the "Super Bonus") if during the one-year period from October 1, 2000 to September 30, 2001, the Company's wireless reselling business acquires 100,000 or more new active mobile identification numbers ("MINS") on terms and conditions in effect prior to October 1, 2000, subject to adjustment as required to respond effectively to competitive changes in the industry. The Super Bonus shall be $250,000 payable in cash within forty-five (45) days following the expiration of the one-year measurement period described above.

Appears in 4 contracts

Samples: Employment Agreement (Ezconnect Inc /Ut/), Employment Agreement (Ezconnect Inc /Ut/), Employment Agreement (Ezconnect Inc /Ut/)

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