Common use of Bonus Opportunities Clause in Contracts

Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an annual target bonus of no less than Sixty-Five percent (65%) of Base Salary (“Target Bonus”). Executive’s annual bonus shall be based upon achieving objectives as determined by the Compensation Committee of the Board of Directors.

Appears in 2 contracts

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc), Executive Employment Agreement (Affirmative Insurance Holdings Inc)

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Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an a target annual target bonus of no less than Sixty-Five percent (65%) 100% of Base Salary (“Target Bonus”)Salary. For calendar year 2010, Executive shall receive a guaranteed minimum Bonus of $165,000. Executive’s annual bonus shall Bonus will be determined based upon on achieving objectives as determined by the Compensation Committee of the Board of DirectorsDirectors and the Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc)

Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an annual target bonus of no less than SixtySeventy-Five percent (6575%) of Base Salary (“Target Bonus”). Executive’s annual bonus shall be based upon achieving objectives as determined by the Compensation Committee of the Board of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc)

Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an a target annual target bonus of no less than Sixty-Five percent (65%) 100% of Base Salary (“Target Bonus”)Salary. Executive’s annual Annual bonus shall amount to be determined based upon on achieving objectives as determined by the Compensation Committee of the Board of DirectorsDirectors and the Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc)

Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an a target annual target bonus of no less than Sixty-Five percent (65%) 50% of Base Salary base salary (“Target Bonus”). Executive’s annual Annual bonus shall to be based upon on achieving objectives as determined by the CEO and Compensation Committee of the Board of Directors; however, your annual bonus for year 2007, payable in March, 2008 will not be less than $225,000.

Appears in 1 contract

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc)

Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an a target annual target bonus of no less than Sixty-Five percent (65%) 50% of Base Salary (“Target Bonus”)base salary. Executive’s annual Annual bonus shall amount to be determined based upon on achieving objectives as determined by the Compensation Committee of the Board of Directors.Directors and the Compensation Committee. A guaranteed minimum bonus will be paid in March, 2007 in the amount of $220,000, of which $100,000 will be payable in cash and the remainder will be paid in Restricted Stock

Appears in 1 contract

Samples: Stock Option Agreement (Affirmative Insurance Holdings Inc)

Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an annual target bonus of no less than SixtyEighty-Five percent (6585%) of Base Salary (“Target Bonus”). Executive’s annual bonus shall be based upon achieving objectives as determined by the Compensation Committee of the Board of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc)

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Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an a target annual target bonus of no less than Sixty-Five percent (65%) 50% of Base Salary (“Target Bonus”)Salary. Executive’s annual Annual bonus shall amount to be determined based upon on achieving objectives as determined by the Compensation Committee of the Board of DirectorsDirectors and the Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc)

Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an annual target bonus of no less than Sixty-Five One Hundred percent (65100%) of Base Salary (“Target Bonus”). Executive’s annual bonus shall be based upon achieving objectives as determined by the Compensation Committee of the Board of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc)

Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) with eligibility for an annual target bonus of no less than Sixtysixty-Five five percent (65%) of Base Salary (“Target Bonus”). Executive’s annual bonus shall be based upon achieving objectives as determined by the Compensation Committee of the Board of Directors.

Appears in 1 contract

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc)

Bonus Opportunities. In addition to the Base Salary, Executive will be eligible to participate in the Company’s bonus plan(s) (“Bonus”) on a basis no less favorable than any other senior executive of the Company, with eligibility for an annual target bonus of no less than Sixty-Five fifty percent (6550%) of Base Salary (the ‘Target Bonus”). Executive’s annual bonus incentive opportunities shall be based upon achieving objectives as determined by the Compensation Committee of the Board of DirectorsDirectors (“Board”).

Appears in 1 contract

Samples: Executive Employment Agreement (Affirmative Insurance Holdings Inc)

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