Annual Bonus Plans. An amount equal to a full year's participation in the annual bonus plan then in effect as provided for in Section 2 hereof shall be paid to Executive within the time period prescribed by such plan, (i.e. the Executive will be paid based upon actual results as if the Executive had been employed the full twelve months and had received the full twelve month Base Compensation). In addition, any payments due Executive under the incentive plans then in effect as provided for in Section 2 hereof (other than any annual bonus plans) in accordance with the terms of such plans shall be paid to Executive within the time period prescribed by such plans.
Appears in 3 contracts
Samples: Employment Agreement (Corrpro Companies Inc /Oh/), Employment Agreement (Corrpro Companies Inc /Oh/), Employment Agreement (Corrpro Companies Inc /Oh/)
Annual Bonus Plans. An amount equal to a full year's participation in the annual bonus plan then in effect during the fiscal year in which Executive's termination of employment is effective as provided for in Section 2 hereof shall be paid to Executive within the time period prescribed by such plan, (i.e. the Executive will be paid based upon actual results as if the Executive had been employed the full twelve months and had received the full twelve month Base Compensation). In addition, any payments due Executive under the incentive plans then in effect as provided for in Section 2 hereof (other than any annual bonus plans) in accordance with the terms of such plans shall be paid to Executive within the time period prescribed by such plans.
Appears in 2 contracts
Samples: Employment Agreement (Corrpro Companies Inc /Oh/), Employment Agreement (Corrpro Companies Inc /Oh/)
Annual Bonus Plans. An amount equal to a full year's participation in the annual bonus plan then in effect as provided for in Section 2 hereof shall be paid to Executive within the time period prescribed by such plan, (i.e. the Executive will be paid based upon actual results as if the Executive had been employed the full twelve months and had received the full twelve month Base Compensation). In addition, any payments due Executive under the incentive plans then in effect as provided for in Section 2 hereof (other than any annual bonus plans) in accordance with the terms of such plans shall be paid to Executive within the time period prescribed by such plans.effect
Appears in 1 contract
Annual Bonus Plans. An amount equal to a full year's participation in the annual bonus plan then in effect as provided for in Section 2 hereof shall be paid to Executive within the time period prescribed by such plan, (i.e. the Executive will be paid based upon actual results as if the Executive had been employed the full twelve months and had received the full twelve month Base Compensation). In addition, any payments due Executive under the incentive plans then in effect as provided for in Section 2 hereof (other than any annual bonus plans) in EMPLOYMENT AGREEMENT - DAVIX X. XXXXX ------------------------------------- APRIL 1, 1998 PAGE 7 OF 12 accordance with the terms of such plans shall be paid to Executive within the time period prescribed by such plans.
Appears in 1 contract
Annual Bonus Plans. An amount equal to a full year's participation in the annual bonus plan then in effect as provided for in Section 2 hereof shall be paid to Executive within the time period prescribed by such plan, (i.e. the Executive will be paid based upon actual results as if the Executive had been employed the full twelve months and had received the full twelve month Base Compensation). In addition, any payments due Executive under the incentive plans then in effect as provided for in Section 2 hereof (other than any annual bonus plans) in accordance with the terms of such plans shall be paid to Executive within the time period prescribed by such plans.in
Appears in 1 contract