Common use of Annual Bonus Clause in Contracts

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board.

Appears in 7 contracts

Samples: Employment Agreement (Inmune Bio, Inc.), Employment Agreement (Inmune Bio, Inc.), Employment Agreement (Spotlight Innovation Inc.)

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Annual Bonus. (a) For each calendar fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board.

Appears in 7 contracts

Samples: Executive Employment Agreement (Marijuana Co of America, Inc.), Executive Employment Agreement (McTc Holdings, Inc.), Executive Employment Agreement (Cannabis Global, Inc.)

Annual Bonus. For With respect to each calendar full fiscal year of during the Employment Term, the Executive shall be eligible to receive earn an annual bonus award (the "an “Annual Bonus"). However”) under the Company’s annual incentive program (or any successor arrangement) on such terms and conditions, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in such amounts, if any, as determined in the sole and absolute discretion of the BoardCommittee.

Appears in 6 contracts

Samples: Employment Agreement (First Advantage Corp), Employment Agreement (First Advantage Corp), Employment Agreement (First Advantage Corp)

Annual Bonus. For each calendar fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee of the Board (the “Compensation Committee”).

Appears in 5 contracts

Samples: Employment Agreement (ESGL Holdings LTD), Employment Agreement (ESGL Holdings LTD), Employment Agreement (ESGL Holdings LTD)

Annual Bonus. i. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee.

Appears in 5 contracts

Samples: Employment Agreement (Planet 13 Holdings Inc.), Employment Agreement (Planet 13 Holdings Inc.), Employment Agreement (Planet 13 Holdings Inc.)

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board.

Appears in 5 contracts

Samples: Employment Agreement (Lipella Pharmaceuticals Inc), Employment Agreement (Lipella Pharmaceuticals Inc), Employment Agreement (Lipella Pharmaceuticals Inc)

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible eligible, at the discretion of the Board, to receive an annual bonus (the "Annual Bonus")”) in cash or in the form of restricted stock. However, Factors to be examined by the decision Board in determining whether to provide any Annual Bonus and the amount and terms of any pay an Annual Bonus shall include, but shall not be in limited to, executive performance, adherence to this Agreement. The Company shall provide the sole metrics and absolute discretion methodology for achieving the bonus by the end of the Boardeach Q1.

Appears in 4 contracts

Samples: Executive Employment Agreement (Creatd, Inc.), Executive Employment Agreement (Creatd, Inc.), Executive Employment Agreement (Creatd, Inc.)

Annual Bonus. For each full calendar year of during the Employment Term, the Executive shall will be eligible to receive an annual bonus (the "Annual Bonus"). However, ”) as determined at the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board.

Appears in 3 contracts

Samples: Employment Agreement (Cdsi Holdings Inc), Employment Agreement (Cdsi Holdings Inc), Employment Agreement (Cdsi Holdings Inc)

Annual Bonus. For each calendar fiscal year during the term of the Employment Termemployment, the Executive shall be eligible to receive an annual a bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the amount, if any, as may be determined from time to time by the Board in its sole and absolute discretion of the Boarddiscretion.

Appears in 3 contracts

Samples: Executive Employment Agreement (Espey MFG & Electronics Corp), Executive Employment Agreement (Espey MFG & Electronics Corp), Executive Employment Agreement (Espey MFG & Electronics Corp)

Annual Bonus. For each calendar year of the Employment TermIn addition to Base Salary, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and in the amount and subject to the terms of any and conditions determined by the Board (the “Annual Bonus”). The Annual Bonus shall be in paid as soon as practicable following the sole and absolute discretion end of the Boardfiscal year to which it relates.

Appears in 3 contracts

Samples: Employment Agreement (Community Choice Financial Inc.), Employment Agreement (Reliant Software, Inc.), Employment Agreement (Community Choice Financial Inc.)

Annual Bonus. For each calendar year of In addition to the Employment TermBase Salary, the Executive shall be eligible to receive awarded for each Fiscal Year during the Term of Employment an annual bonus pursuant to the bonus plan or program of the Corporation applicable to the Executive, any other incentive plan or program of the Corporation applicable to the Executive or otherwise in accordance with the Corporation's regular practice (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board.

Appears in 3 contracts

Samples: Employment Agreement (Cpi Corp), Employment Agreement (Cpi Corp), Employment Agreement (Cpi Corp)

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardBoard or the compensation committee of the Board (the “Compensation Committee”), if such committee exists, which shall be based on certain performance criteria established by the Board or Compensation Committee, as applicable. The Annual Bonus, if earned, will be paid on or before March 15 of each calendar year.

Appears in 3 contracts

Samples: Employment Agreement (Flewber Global Inc.), Employment Agreement (Flewber Global Inc.), Employment Agreement (Flewber Global Inc.)

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, ”) based upon the decision to provide any terms and conditions of Executive’s Annual Bonus and for each calendar year within the amount and terms of any Annual Bonus shall be Employment Period are set forth in the sole and absolute discretion of the BoardAppendix A hereto.

Appears in 3 contracts

Samples: Employment Agreement (Vanguard Natural Resources, LLC), Employment Agreement Britt Pence (Vanguard Natural Resources, LLC), Employment Agreement (Vanguard Natural Resources, LLC)

Annual Bonus. For In addition to Executive's Base Salary, each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (participate in the Company's "Annual Bonus"). However, Bonus Program." The amount of the decision to provide any Annual Bonus and (as defined below) as well as the amount and terms nature of any such Annual Bonus (i.e., mandatory or discretionary) shall be in the sole and absolute discretion of the Boarddetermined as set forth below.

Appears in 2 contracts

Samples: Employment Agreement (Cytomedix Inc), Employment Agreement (Cytomedix Inc)

Annual Bonus. For With respect to each calendar year of the Employment Termwhile employed hereunder, the Executive shall be eligible to receive earn an annual bonus award (the an "Annual Bonus"). However) which shall be paid quarterly pursuant to an annual incentive plan to be established by the Board; provided, the decision to provide any however, that Executive's target Annual Bonus and opportunity shall not be less than 60% of Executive's Base Salary (the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board"Target Bonus").

Appears in 2 contracts

Samples: Employment Agreement (Proxim Corp), Employment Agreement (Proxim Corp)

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardBoard and/or the Compensation Committee.

Appears in 2 contracts

Samples: Employment Agreement (Northann Corp.), Employment Agreement (Northann Corp.)

Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee of the Board (the “Compensation Committee”).

Appears in 2 contracts

Samples: Employment Agreement (Reliability Inc), Employment Agreement (Reliability Inc)

Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee of the Board (the "Compensation Committee").

Appears in 2 contracts

Samples: Employment Agreement (Amerinac Holding Corp.), Employment Agreement (Amerinac Holding Corp.)

Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However”) in an amount in cash or stock, if any, determined by the decision to provide any Annual Bonus and the amount and terms Board of any Annual Bonus shall be in the sole and absolute discretion Directors of the BoardCompany, in its sole discretion, with the Executive abstaining from any vote or action by written consent on such Annual Bonus.

Appears in 2 contracts

Samples: Executive Employment Agreement (Applied Energetics, Inc.), Executive Employment Agreement (Applied Energetics, Inc.)

Annual Bonus. For each calendar year of the Employment Term(a) In addition to his Total Annual Compensation, the Executive shall be eligible to receive an annual a bonus (a “Bonus”) with respect to each fiscal year during the "Annual Bonus"). HoweverTerm of Employment, the decision to provide any Annual Bonus and the amount and terms of any Annual which Bonus shall be determined by the Compensation Committee in its sole discretion and subject to such annual bonus plan as the sole and absolute discretion of the BoardCommittee may adopt or specify from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Rand Logistics, Inc.), Employment Agreement (Rand Logistics, Inc.)

Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardBoard or Compensation Committee of the Board (the "Compensation Committee").

Appears in 2 contracts

Samples: Employment Agreement (Greenfield Groves Inc.), Employment Agreement (Greenfield Groves Inc.)

Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"”) in an amount up to 50% of the Executive’s Base Salary (the “Target Bonus”). However, the decision to provide any Annual Bonus and the amount amount, form and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board or Compensation Committee of the Board, as applicable (the “Compensation Committee”).

Appears in 2 contracts

Samples: Employment Agreement (Rise Oil & Gas, Inc.), Employment Agreement (Rise Oil & Gas, Inc.)

Annual Bonus. (a) For each calendar fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee.

Appears in 2 contracts

Samples: Executive Employment Agreement (TaskUs, Inc.), Executive Employment Agreement (TaskUs, Inc.)

Annual Bonus. For each calendar year of the Employment Term(a) In addition to his base salary, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and amounts payable to the amount and terms of any Annual Bonus Executive shall be determined in the sole and absolute discretion of the Board.CEO and

Appears in 1 contract

Samples: Employment Agreement (Rti Capital Corp)

Annual Bonus. (a) For each calendar year of ending during the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus")”) in accordance with the Company’s Annual Incentive Bonus Plan, or any successor plan applicable to the Company’s executive officers. However, the The decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardBoard or the Compensation Committee of the Board (the “Compensation Committee”).

Appears in 1 contract

Samples: Employment Agreement (Natural Gas Services Group Inc)

Annual Bonus. (a) For each calendar fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus")”) of up to 63% of the Executive’s base annual salary. However, the The decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee of the Board (the “Compensation Committee”).

Appears in 1 contract

Samples: Employment Agreement (Dragonfly Energy Holdings Corp.)

Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual performance bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee of the Board (the "Compensation Committee") and consistent with reasonable industry benchmarking standards.

Appears in 1 contract

Samples: Employment Agreement (Alopexx, Inc.)

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Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus in an amount determined by the Board of Directors (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardBoard or Compensation Committee of the Board (the "Compensation Committee"). In addition, annual Bonus Review will allow Executive to be issued additional equity under the 2021 Equity Incentive Plan.

Appears in 1 contract

Samples: Employment Agreement (Eco Science Solutions, Inc.)

Annual Bonus. (a) For each calendar year of the Employment TermTerm beginning with the calendar year in which a SPAC Transaction is consummated, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board, which terms may include performance objectives with respect to capital raising or other factors.

Appears in 1 contract

Samples: Executive Employment Agreement (Roth CH Acquisition I Co. Parent Corp.)

Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"”) in an amount up to __% of the Executive’s Base Salary (the “Target Bonus”). However, the decision to provide any Annual Bonus and the amount amount, form and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board or Compensation Committee of the Board, as applicable (the “Compensation Committee”).

Appears in 1 contract

Samples: Employment Agreement (Rise Oil & Gas, Inc.)

Annual Bonus. (a) For each calendar year of the Employment TermTerm beginning with the calendar year in which a SPAC Transaction is consummated, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board.

Appears in 1 contract

Samples: Ceo Executive Employment Agreement (Roth CH Acquisition I Co. Parent Corp.)

Annual Bonus. For each calendar fiscal year during the Term of the Employment Termemployment, the Executive shall be eligible to receive an annual a bonus in the amount as may be determined from time-to-time by the Board, in its sole discretion (the "Annual Bonus"). However, the decision which conforms with annual bonuses provided to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion other employees of the BoardCompany and its affiliates with like titles and responsibilities as the Executive.

Appears in 1 contract

Samples: Asset Purchase Agreement (Polarityte, Inc.)

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board, provided that in no case shall the Annual Bonus be less than 25% of the then applicable Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Connexa Sports Technologies Inc.)

Annual Bonus. For each calendar fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Computer Programs & Systems Inc)

Annual Bonus. (a) For each calendar fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus")”) of up to 30% of the Executive’s base annual salary. However, the The decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee of the Board (the “Compensation Committee”).

Appears in 1 contract

Samples: Employment Agreement (Dragonfly Energy Holdings Corp.)

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus")) of up to one-hundred percent (100%) of Base Salary. However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Valley National Bancorp)

Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"” - 25% of Annual Salary). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCEO, based on agreed upon milestones.

Appears in 1 contract

Samples: Employment Agreement (AYRO, Inc.)

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus in cash (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board.Executive Management . 97565204.6 EXHIBIT 10.1

Appears in 1 contract

Samples: Employment Agreement (Valley National Bancorp)

Annual Bonus. (a) For each calendar fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Alopexx, Inc.)

Annual Bonus. For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardBoard and the Compensation Committee of the Board (the “Compensation Committee”).

Appears in 1 contract

Samples: Employment Agreement (Perfect Moment Ltd.)

Annual Bonus. (a) For each calendar fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus")”) of up to 92% of the Executive’s base annual salary. However, the The decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the BoardCompensation Committee of the Board (the “Compensation Committee”).

Appears in 1 contract

Samples: Employment Agreement (Dragonfly Energy Holdings Corp.)

Annual Bonus. (a) For each calendar year of the Employment TermTerm beginning with 2022, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board.

Appears in 1 contract

Samples: Executive Employment Agreement (Roth CH Acquisition I Co. Parent Corp.)

Annual Bonus. (a) For each calendar year of ending during the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"”) in accordance with the Company’s Annual Incentive Bonus Plan (the “Bonus Plan”), or any successor plan applicable to the Company’s executive officers. However, the decision to provide any Annual Bonus and the amount and The terms of any the Annual Bonus shall be in determined by the sole Compensation Committee and absolute discretion approved by the Compensation Committee or the Independent Members of the Board.

Appears in 1 contract

Samples: Employment Agreement (Natural Gas Services Group Inc)

Annual Bonus. (a) For each calendar year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the "Annual Bonus"”) in an amount up to 40% of the Executive’s Base Salary (the “Target Bonus”). However, the decision to provide any Annual Bonus and the amount amount, form and terms of any Annual Bonus shall be in the sole and absolute discretion of the Board or Compensation Committee of the Board, as applicable (the “Compensation Committee”).

Appears in 1 contract

Samples: Employment Agreement (Rise Oil & Gas, Inc.)

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