Common use of Annual Bonus Program Clause in Contracts

Annual Bonus Program. For each calendar year of the Agreement, Executive will be eligible to participate in any annual bonus programs (the “Annual Bonus”) established by the Board (excluding Executive in his capacity if a member of the Board) from time-to-time for the benefit of Company management, in each case to the extent Executive is eligible under the terms of such annual bonus program.

Appears in 1 contract

Sources: Executive Employment Agreement (Valera Pharmaceuticals Inc)

Annual Bonus Program. For each calendar year of the Agreement, Executive will be eligible to participate in any annual bonus programs (the "Annual Bonus") established by the Board (excluding Executive in his capacity if a member of the Board) from time-to-time for the benefit of Company management, in each case to the extent Executive is eligible under the terms of such annual bonus program.

Appears in 1 contract

Sources: Executive Employment Agreement (Valera Pharmaceuticals Inc)