Common use of Annual Bonus Plan Clause in Contracts

Annual Bonus Plan. The Company shall pay an annual bonus to the Executive for each 12-month period of the Term based upon criteria established by the Compensation Committee. The bonus shall be paid within five business days after the Company files its Form 10-Q with the Securities and Exchange Commission (the “SEC”), but in no event later than May 30th of each year beginning in 2006. The Executive acknowledges that no bonus is due from the period January 1 through March 31, 2005.

Appears in 2 contracts

Samples: Employment Agreement (SFBC International Inc), Employment Agreement (SFBC International Inc)

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Annual Bonus Plan. The Company shall pay an annual bonus to the Executive for each 12-month period of the Term based upon criteria established by the Compensation Committee. The bonus shall be paid within five business days after the Company files its Form 10-Q with the Securities and Exchange Commission (the “SEC), but in no event later than May 30th of each year beginning in 30, 2006. The Executive acknowledges that no bonus is due from the period January 1 through March 31, 2005.

Appears in 1 contract

Samples: Employment Agreement (SFBC International Inc)

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Annual Bonus Plan. The Company shall pay an annual bonus to the Executive for each 12-month period of the Term based upon criteria established by the Compensation Committee. The bonus shall be paid within five business days after the Company files its Form 10-Q with the Securities and Exchange Commission (the “SEC), but in no event later than May 30th of each year beginning in 2006. The Executive acknowledges that no bonus is due from the period January 1 through March 31, 2005.

Appears in 1 contract

Samples: Employment Agreement (SFBC International Inc)

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