Common use of Annual Incentive Payment Clause in Contracts

Annual Incentive Payment. Employee shall be eligible to participate in an annual incentive plan approved by the Board of Directors of Parent.

Appears in 4 contracts

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

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Annual Incentive Payment. Each year during the Term, -------------------------- the Employee shall be eligible to participate in an annual incentive plan approved by the Parent's Board of Directors of ParentDirectors.

Appears in 1 contract

Samples: Employment Agreement (Cellstar Corp)

Annual Incentive Payment. Employee shall be eligible to participate in an annual incentive plan approved by the Board of Directors of Parent. For fiscal 2006, based upon policy guidelines as currently determined by the Board of Directors, the target incentive shall be not less than 45% of the Employee's base salary. Such policy guidelines are subject to change by the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Cellstar Corp)

Annual Incentive Payment. Employee shall be eligible to participate in an annual incentive plan approved by the Board board of Directors directors of Parent.

Appears in 1 contract

Samples: Employment Agreement (Cellstar Corp)

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Annual Incentive Payment. Each year during the Term, the Employee shall be eligible to participate in an annual incentive plan approved by the Parent's Board of Directors of ParentDirectors.

Appears in 1 contract

Samples: Employment Agreement (Cellstar Corp)

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