Annual Incentive Awards. The Company will pay the Executive annual incentive compensation awards as may be granted by the Board or a Compensation Committee to the Executive under any executive bonus or incentive plan in effect from time to time.
Appears in 5 contracts
Samples: Employment Agreement (Advocat Inc), Employment Agreement (Advocat Inc), Employment Agreement (Advocat Inc)
Annual Incentive Awards. The Company will pay the Executive annual incentive compensation awards as may be granted by the Board or a Compensation Committee to the Executive under any executive bonus or incentive plan in effect from time to time. In all events, any such incentive bonuses or payments will be made on or before March 15 following the Executive’s taxable year in which such award is no longer subject to a substantial risk of forfeiture as defined by Treasury Regulation Section 1.409A-1(d).
Appears in 4 contracts
Samples: Employment Agreement (Advocat Inc), Employment Agreement (Advocat Inc), Employment Agreement (Advocat Inc)
Annual Incentive Awards. The Company will pay the Executive annual incentive compensation awards as may be granted by the Board or a Compensation Committee to the Executive under any executive bonus or incentive plan in effect from time up to time30% of Base Salary, conditional upon achievement of pre-agreed goals.
Appears in 3 contracts
Samples: Employment Agreement (Advocat Inc), Employment Agreement (Advocat Inc), Employment Agreement (Advocat Inc)
Annual Incentive Awards. The Company will pay the Executive annual incentive compensation awards as may be granted of up to 100% of his Base Salary, in accordance with policies and based on performance targets established annually by the Board or a Compensation Committee to of the Executive under any executive bonus or incentive plan in effect from time to timeBoard of Directors.
Appears in 2 contracts
Samples: Employment Agreement (Seafield Capital Corp), Employment Agreement (Response Oncology Inc)
Annual Incentive Awards. The Company will pay the Executive annual incentive compensation awards (“Incentive Awards”) as may be granted by the Board or a Compensation Committee Committee, in either case, in its sole discretion, to the Executive under any executive bonus or incentive plan in effect from time to time. In all events, any such Incentive Awards will be paid on or before March 15 following the Executive’s taxable year in which such Incentive Award is no longer subject to a substantial risk of forfeiture as defined by Treasury Regulation Section 1.409A-1(d).
Appears in 2 contracts
Samples: Employment Agreement (Diversicare Healthcare Services, Inc.), Employment Agreement (Diversicare Healthcare Services, Inc.)
Annual Incentive Awards. The Company will will, in its discretion, pay the Executive Employee annual incentive compensation awards as may be granted by the Board or a Compensation Committee to the Executive under any executive bonus or incentive plan in effect from time Employee up to time25% of Base Salary, conditional upon achievement of pre-agreed performance goals and objectives.
Appears in 1 contract
Samples: Employment Agreement (Advocat Inc)
Annual Incentive Awards. The Company will pay the Executive annual incentive compensation awards as may be granted by the Board or a Compensation Committee to the Executive under any executive bonus or incentive plan in effect from time to time. It is anticipated that there will be a target bonus of up to 50% of the Base Salary for the first year of employment, prorated for the duration of employment during the measurement period, although the final amount will be as determined by the Board or Compensation Committee.
Appears in 1 contract
Samples: Employment Agreement (Advocat Inc)
Annual Incentive Awards. The Company will pay the Executive annual incentive compensation awards as may be granted by the Board or a Compensation Committee compensation committee to the Executive under any applicable executive bonus or incentive plan in effect from time to time. In all events, any such incentive bonuses or payments will be made between January 1 and March 15 following the Executive’s taxable year in which such award is no longer subject to a substantial risk of forfeiture as defined by Treasury Regulation Section 1.409A-1(d).
Appears in 1 contract
Samples: Employment Agreement (Diversicare Healthcare Services, Inc.)
Annual Incentive Awards. The Company will pay the Executive annual incentive compensation awards as may be granted by the Board of Directors or a Compensation Committee Committee, in either case, in its sole discretion, to the Executive under any executive bonus or incentive plan in effect from time to time. In all events, any such incentive bonuses or payments will be made on or before March 15 following the Executive’s taxable year in which such award is no longer subject to a substantial risk of forfeiture as defined by Treasury Regulation Section 1.409A-1(d).
Appears in 1 contract
Samples: Employment Agreement (Advocat Inc)
Annual Incentive Awards. The Company will pay the Executive annual incentive compensation awards as may be granted ("Incentive Bonus") in accordance with policies and based on performance targets established annually by the Board or a Compensation Committee to of the Executive under any executive bonus or incentive plan in effect from time to timeBoard of Directors.
Appears in 1 contract
