Common use of Variable Compensation Clause in Contracts

Variable Compensation. In addition to his Base Salary, Executive will be eligible to receive Variable Compensation, in accordance with the Company’s Variable Compensation Plan as in effect from time to time, and which will provide him with additional incentive opportunity with a target of seventy-five percent (75%) of his eligible earnings and a maximum of one-hundred fifty percent (150%) of his eligible earnings. However, the 2010 Variable Compensation for Executive is guaranteed at a minimum of 75% of eligible earnings for the year.

Appears in 3 contracts

Samples: Employment and Noncompetition Agreement, Executive Employment and Noncompetition Agreement (RSC Holdings Inc.), Executive Employment and Noncompetition Agreement (RSC Equipment Rental, Inc.)

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Variable Compensation. In addition to his Base Salary, Executive will be eligible to receive Variable Compensation, in accordance with the Company’s 's Variable Compensation Plan as in effect from time to time, and which will provide him with additional incentive opportunity with a target of seventy-five percent (75%) of his eligible earnings Base Salary and a maximum of one-hundred fifty percent (150%) of his eligible earnings. However, the 2010 Variable Compensation for Executive is guaranteed at a minimum of 75% of eligible earnings for the yearBase Salary.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (RSC Holdings Inc.)

Variable Compensation. In addition to his Base Salary, Executive will be eligible to receive Variable Compensation, in accordance with the Company’s Variable Compensation Plan as in effect from time to time, and which will provide him with additional incentive opportunity with a target of seventy-five percent (75%) % of his eligible earnings Base Salary and a maximum of one-hundred fifty percent (150%) % of his eligible earnings. However, the 2010 Variable Compensation for Executive is guaranteed at a minimum of 75% of eligible earnings for the yearBase Salary.

Appears in 1 contract

Samples: Employee Stock Subscription Agreement (RSC Holdings Inc.)

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Variable Compensation. In addition to his Base Salary, Executive will be eligible to receive Variable Compensation, in accordance with the 1 For the CEO only. Company’s Variable Compensation Plan as in effect from time to time, and which will provide him with additional incentive opportunity with a target of seventy-five percent (75[___%) ] of his eligible earnings Base Salary and a maximum of one-hundred fifty percent (150[___%) ] of his eligible earnings. However, the 2010 Variable Compensation for Executive is guaranteed at a minimum of 75% of eligible earnings for the yearBase Salary.

Appears in 1 contract

Samples: Executive Employment and Noncompetition Agreement (RSC Equipment Rental, Inc.)

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