Common use of Annual Incentive Bonus Clause in Contracts

Annual Incentive Bonus. In addition to the foregoing, Executive shall be eligible for participation in the Annual Incentive Compensation Plan or similar bonus arrangement maintained by the Company or an Affiliate or such other bonus or incentive plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (an "Incentive Bonus").

Appears in 9 contracts

Samples: Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC)

AutoNDA by SimpleDocs

Annual Incentive Bonus. In addition to the foregoing, Executive shall be eligible for participation in the Annual Incentive Compensation Performance Based Rewards Plan or similar bonus arrangement maintained by the Company or an Affiliate or such other bonus or incentive plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (an "Incentive Bonus").

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Capital Bancorp Inc), Executive Employment Agreement (Renasant Corp), Executive Employment Agreement (Renasant Corp)

Annual Incentive Bonus. In addition to the foregoing, Executive shall be eligible for participation in the Annual Incentive Compensation Performance Based Rewards Plan or similar bonus arrangement maintained by the Company or any affiliate of the Company (an Affiliate “Affiliate”) or such other bonus or incentive plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (an "Incentive Bonus").

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Renasant Corp), Agreement and Plan of Merger (Capital Bancorp Inc), Executive Employment Agreement (Renasant Corp)

Annual Incentive Bonus. In addition to the foregoing, Executive shall be eligible for participation in the Annual Incentive Compensation Plan or similar bonus arrangement maintained by the Company or an Affiliate (as defined in Section 6.15) or such other bonus or incentive plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (an "Incentive Bonus").

Appears in 3 contracts

Samples: Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC)

Annual Incentive Bonus. In addition to the foregoing, Executive shall be eligible for participation in the Annual Incentive Compensation Plan or similar bonus arrangement maintained by the Company or an Affiliate (as defined in Section 6.17) or such other bonus or incentive plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (an "Incentive Bonus"). Such participation shall be in accordance with the specific terms and conditions of such plan.

Appears in 2 contracts

Samples: Employment Agreement (Cleco Power LLC), Agreement (Cleco Power LLC)

Annual Incentive Bonus. In addition to the foregoing, Executive shall be eligible for participation in the Annual Incentive Compensation Plan or similar bonus arrangement maintained by the Company or an Affiliate (as defined in Section 6.17) or such other bonus or incentive plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (an "Incentive Bonus"). Such participation shall be in accordance with the specific terms and conditions of such plan.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Cleco Power LLC)

AutoNDA by SimpleDocs

Annual Incentive Bonus. In addition to During the foregoingTerm, the Executive shall be eligible for participation to participate in an annual incentive bonus program or plan established by Group, and subject to the Annual Incentive Compensation Plan approval of Group’s shareholders if required by law, or similar in an alternative bonus arrangement maintained by the Company or an Affiliate or such other to be consistent with current market industry practice. The Executive’s target annual incentive bonus or incentive plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (an "Incentive Bonus")will be 130% of Base Salary.

Appears in 2 contracts

Samples: Employment Agreement (Everest Reinsurance Holdings Inc), Employment Agreement (Everest Group, Ltd.)

Annual Incentive Bonus. In addition to the foregoing, Executive shall be eligible for participation in the Annual Incentive Compensation Plan or similar short-term bonus arrangement or arrangements maintained by the Company or an Affiliate or such other bonus or incentive plans which the Company or its Affiliates may adoptCompany, from time to time, for the benefit of similarly situated executives executive officers (an "Incentive Bonus"). Executive’s Incentive Bonus may be discretionary or formulaic and subject to the attainment of one or more performance objectives or such other measures as may be determined by the Board.

Appears in 1 contract

Samples: Executive Employment Agreement (Renasant Corp)

Annual Incentive Bonus. In addition to the foregoing, Executive shall be eligible for participation in the Annual Incentive Compensation Plan or similar bonus arrangement maintained by the Company or an Affiliate or such other bonus or incentive plans which the Company or its Affiliates may adopt, from time to time, for similarly situated executives (an "Incentive Bonus").

Appears in 1 contract

Samples: Executive Employment Agreement (Cleco Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.