Common use of Performance Bonuses Clause in Contracts

Performance Bonuses. Executive will be entitled to receive up to $60,000 per year of a performance bonus in the event the Company reaches certain performance measures established by the Compensation Committee of the Board or the entire Board. All bonuses payable under this Section 4(b) will be subject to all applicable withholdings, including taxes.

Appears in 2 contracts

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

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Performance Bonuses. Executive will be entitled to receive up to $60,000 per year 7,500 of a performance bonus in the event the Company reaches certain performance measures established by the Compensation Committee of the Board or the entire Board. All bonuses payable under this Section 4(b) will be subject to all applicable withholdings, including taxes.

Appears in 1 contract

Samples: Employment Agreement (Livedeal Inc)

Performance Bonuses. Executive will be entitled to receive up to $60,000 per year of a an annual performance bonus in the event the Company reaches certain performance measures established by the CEO and the Compensation Committee of the Board or the entire Board. Executive’s target bonus will be $80,000. All bonuses payable under this Section 4(b) will be subject to all applicable withholdings, including taxes.

Appears in 1 contract

Samples: Employment Agreement (Livedeal Inc)

Performance Bonuses. Executive will be entitled to receive up to $60,000 per year of a an annual performance bonus in the event the Company reaches certain performance measures established by the Compensation Committee of the Board or the entire Board. The performance milestones shall be weighted 75% financial and 25% personal. Executive’s target bonus will be 50% of the Salary. All bonuses payable under this Section 4(b) will be subject to all applicable withholdings, including taxes.

Appears in 1 contract

Samples: Employment Agreement (Livedeal Inc)

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Performance Bonuses. Executive will be entitled eligible to receive up to $60,000 per year of a discretionary performance bonus of $10,000 per quarter and additional bonuses in the event the Company reaches certain performance measures and/or milestones established by the Compensation Committee of the Board or the entire Board. All bonuses payable under this Section 4(b) will be subject to all applicable withholdings, including taxes.

Appears in 1 contract

Samples: Employment Agreement (Ia Global Inc)

Performance Bonuses. Executive will be entitled to receive up to $60,000 100,000 per year of a performance bonus in the event the Company reaches certain performance measures established by the Compensation Committee of the Board or the entire Board. All bonuses payable under this Section 4(b) will be subject to all applicable withholdings, including taxes.

Appears in 1 contract

Samples: Employment Agreement (Livedeal Inc)

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