Common use of Annual Executive Bonus Clause in Contracts

Annual Executive Bonus. In addition, Executive shall be entitled to receive a yearly annual bonus. The amount of such bonus shall be based upon criteria established by the President and may include either or both stock and cash. Provided, however, such bonus shall not exceed fifty percent (50%) of Executive’s annual base salary in effect for the period for which the bonus is granted. During the term of this Agreement, the yearly annual bonus shall be paid not later than January 31 of the calendar year following annual bonus year.

Annual Executive Bonus. In addition, Executive shall be entitled to receive a yearly annual bonus. The amount of such bonus shall be based upon criteria established by the President compensation committee of Board and may include either or both stock and cash. Provided, however, such bonus shall not exceed fifty percent (50%) of Executive’s 's annual base salary in effect for the period for which the bonus is granted. During the term of this Agreement, the yearly annual bonus shall be paid not later than January 31 of the calendar year following annual bonus year.

Annual Executive Bonus. In addition, Executive shall be entitled to receive a yearly annual bonus. The amount of such bonus shall be based upon criteria established by the President CEO and may include either or both stock and cash. Provided, however, such bonus shall not exceed fifty percent (50%) of Executive’s 's annual base salary in effect for the period for which the bonus is granted. During the term of this Agreement, the yearly annual bonus shall be paid not later than January 31 of the calendar year following annual bonus year.

Annual Executive Bonus. In addition, Executive shall be entitled to receive a yearly annual bonus. The amount of such bonus shall be based upon criteria established by the President compensation committee of Board and may include either or both stock and cash. Provided, however, such bonus shall not exceed fifty percent (50%) of Executive’s annual base salary in effect for the period for which the bonus is granted. During the term of this Agreement, the yearly annual bonus shall be paid not later than January 31 of the calendar year following annual bonus year.

Annual Executive Bonus. In addition, Executive shall be entitled to receive a yearly annual bonus. The amount of such bonus shall be based upon criteria established by the President CEO and may include either or both stock and cash. Provided, however, such bonus shall not exceed fifty percent (50%) of Executive’s annual base salary in effect for the period for which the bonus is granted. During the term of this Agreement, the yearly annual bonus shall be paid not later than January 31 of the calendar year following annual bonus year.

Annual Executive Bonus. In addition, Executive shall be entitled to receive a yearly annual bonus. The amount of such bonus shall be based upon criteria established by the President Board and may include either or both stock and cash. Provided, however, such bonus shall not exceed fifty percent (50%) of Executive’s 's annual base salary in effect for the period for which the bonus is granted. During the term of this Agreement, the yearly annual bonus shall be paid not later than January 31 of the calendar year following annual bonus year.

Annual Executive Bonus. In addition, Executive shall be entitled to receive a yearly annual bonus. The amount of such bonus shall be based upon criteria established by the President CEO and approved by the Company’s Board of Directors Compensation Committee, and may include either or both stock and cash. Provided, however, such bonus shall not exceed fifty twenty percent (5020%) of Executive’s annual base salary in effect for the period for which the bonus is granted. During the term of this Agreement, the yearly annual bonus shall be paid not later than January 31 31st of the calendar year following annual bonus year.

Annual Executive Bonus. In addition, Executive shall be entitled to receive a yearly annual bonus. The amount of such bonus shall be based upon criteria established by the President and may include either or both stock and cash. Provided, however, such bonus shall not exceed fifty percent (50%) of Executive’s annual base salary in effect for the period for which the bonus is granted. During the term of this Agreement, the yearly annual bonus shall be paid not later than January 31 31st of the calendar year following annual bonus year.