Common use of Annual Bonus Program Clause in Contracts

Annual Bonus Program. Employee shall participate in any NutraCea annual bonus program that is adopted by NutraCea (subject to the terms and conditions of any such program). Any such annual bonus program shall be approved by the NutraCea Compensation Committee of the Board of Directors and shall set forth objective criteria for bonus payments based on the financial performance of NutraCea and specific sales related goals and objectives set for the Employee. Such annual bonus program also shall set forth a target bonus objective for Employee, which target amount initially shall be fifty percent (50%) of

Annual Bonus Program. Employee shall participate in any NutraCea annual bonus program that is adopted by NutraCea and that is applicable to senior officers of NutraCea (subject to the terms and conditions of any such program). Any such annual bonus program shall must be approved by the NutraCea Compensation Committee of the Board of Directors and shall set forth objective criteria for bonus payments based on the financial performance of NutraCea and specific sales related goals and objectives set for the EmployeeNutraCea. Such annual bonus program also shall set forth a target bonus objective for Employee, which target amount bonus initially shall be fifty seventy-five percent (5075%) ofof his Base Salary. The actual annual bonus amount, if any, shall be paid in accordance with the terms of such program.

Annual Bonus Program. Employee shall participate in any NutraCea annual bonus program that is adopted by NutraCea (subject to the terms and conditions of any such program). Any such annual bonus program shall be approved by the NutraCea Compensation Committee of and the Board of Directors and shall set forth objective criteria for bonus payments based on the financial performance of NutraCea and specific sales related goals and objectives set for the Employee. Such annual bonus program also shall set forth a target bonus objective for Employee, which target amount initially shall be fifty thirty percent (5030%) ofof his Base Salary. The actual annual bonus amount, if any, shall be paid in accordance with the terms of such program.

Annual Bonus Program. Employee shall participate in any NutraCea annual bonus program that is adopted by NutraCea and that is applicable to senior officers of NutraCea (subject to the terms and conditions of any such program). Any such annual bonus program shall must be approved by the NutraCea Compensation Committee of the Board of Directors and shall set forth objective criteria for bonus payments based on the financial performance of NutraCea and specific sales related goals and objectives set for the EmployeeNutraCea. Such annual bonus program also shall set forth a target bonus objective for Employee, which target amount bonus initially shall be fifty percent (50%) ofof Employee’s Base Salary. The actual annual bonus amount, if any, shall be paid in accordance with the terms of such program