Common use of Annual Bonuses Clause in Contracts

Annual Bonuses. In addition to Annual Base Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 100% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 3 contracts

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

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Annual Bonuses. In addition to Annual Base Salary, the Executive shall participate in the Company's ’s Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 100% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 2 contracts

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

Annual Bonuses. In addition to Annual Base Salary, the Executive shall participate in the Company's ’s Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 10075% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 2 contracts

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

Annual Bonuses. In addition to Annual Base -------------- Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 10075% of his Annual Base Salary. The Executive shall receive an annual bonus of $100,000 with respect to calendar year 2003. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Amended and Restated Agreement (Solutia Inc), Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual Base -------------- Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 100% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Form of Agreement (Solutia Inc), Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual Base -------------- Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 100150% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Agreement (Solutia Inc), Amended and Restated Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual Base Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 10075% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 2 contracts

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

Annual Bonuses. In addition to Annual Base Salary, the Executive shall participate in the Company's ’s Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 10075% of his her Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual -------------- Base Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 10075% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 1 contract

Samples: Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual Base -------------- Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 10075% of his her Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 1 contract

Samples: Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual Base -------------- Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 100% of his Annual Base Salary. The Executive shall receive an annual bonus of (euro)198,527 (corresponding to US $240,000 at the exchange rate of 1.2089) with respect to calendar year 2003. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 1 contract

Samples: Agreement (Solutia Inc)

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Annual Bonuses. In addition to Annual Base -------------- Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than equal to 100% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers executives of the Company and its affiliated companies.

Appears in 1 contract

Samples: Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual Base SalaryDuring the Term of Employment, the Executive shall participate in the Company's Annual ’s annual Management Incentive Program, Plan or any successor annual bonus plan(splan (the “MIP”), with a target annual bonus opportunity of not on terms and conditions that are appropriate to Executive’s positions and responsibilities at the Company and are no less favorable than 100% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled those applying to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company Company. Executive’s target annual bonus under the MIP in respect of each Fiscal Year shall be [TARGET PERCENTAGE] of Base Salary and its affiliated companies.Executive’s maximum annual bonus shall be [MAXIMUM PERCENTAGE] of

Appears in 1 contract

Samples: Employment Agreement This Agreement (JELD-WEN Holding, Inc.)

Annual Bonuses. In addition to Annual Base Salary, the Executive shall participate in the Company's ’s Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 100150% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual Base Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 100150% of his Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.Annual

Appears in 1 contract

Samples: Employment Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual Base Salary, the Executive shall participate in the Company's Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 10075% of his her Annual Base Salary. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Solutia Inc)

Annual Bonuses. In addition to Annual Base Salary, the Executive shall participate in the Company's ’s Annual Incentive Program, or any successor annual bonus plan(s), with a target annual bonus opportunity of not less than 100% of his Annual Base Salary. Any annual incentive bonus that Executive may become entitled to will be converted to its equivalent in euros at the conversion rate in effect at the close of business on the day preceding any payment, and shall be paid to the Executive in euros. In addition, during the Employment Period, the Executive shall be entitled to participate in all long-term and other incentive plans, practices, policies and programs generally applicable to senior executive officers of the Company and its affiliated companies.

Appears in 1 contract

Samples: Employment Agreement (Solutia Inc)

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