Common use of Timing of Bonus Payment Clause in Contracts

Timing of Bonus Payment. EXECUTIVE’s bonus, if any, shall be paid to him after the end of the fiscal year to which it relates, at the time and under the same conditions as other executives of EMPLOYER; provided that any such bonus must be paid to EXECUTIVE not later than April 30 of the year immediately following the fiscal year to which it relates.

Appears in 5 contracts

Samples: Employment Agreement (Franklin Financial Network Inc.), Employment Agreement (Franklin Financial Network Inc.), Employment Agreement (Franklin Financial Network Inc.)

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