Common use of Additional Cash Compensation Clause in Contracts

Additional Cash Compensation. During Executive's employment, Executive shall be eligible to receive annual bonuses which, in the discretion of the Board, are payable to executive management. Annual bonuses will be based on achievement against goals established for the senior executive officer group including Executive by the Board in consultation with the Executive.

Appears in 5 contracts

Samples: Employment Agreement (United Insurance Holdings Corp.), Employment Agreement (United Insurance Holdings Corp.), Employment Agreement (United Insurance Holdings Corp.)

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Additional Cash Compensation. During Executive's ’s employment, Executive shall be eligible to receive annual bonuses which, in the discretion of the Board, are payable to executive management. Annual bonuses will be based on the Board’s evaluation of achievement against goals established for the senior executive officer group including Executive by the Board in consultation with the Executive.

Appears in 2 contracts

Samples: Employment Agreement (United Insurance Holdings Corp.), Employment Agreement (United Insurance Holdings Corp.)

Additional Cash Compensation. During Executive's employmentthe Employment Term, Executive shall be eligible to receive annual bonuses which, in the discretion of the Board, are payable to executive management. For calendar-year 2012, the Executive shall receive not less than $150,000.00 in bonus compensation. Annual bonuses will be based on achievement against goals established for the senior executive officer group including Executive by the Board in consultation with the Executive.

Appears in 1 contract

Samples: Employment Agreement (United Insurance Holdings Corp.)

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Additional Cash Compensation. During Executive's employmentthe Employment Term, Executive shall be eligible to receive annual bonuses which, in the discretion of the Board, are payable to executive managementmanagement (“Annual Bonus”). Each Annual bonuses Bonus will be based on achievement against goals established for the senior executive officer group including Executive by the Board in consultation with the Executive.

Appears in 1 contract

Samples: Employment Agreement (United Insurance Holdings Corp.)

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