Common use of Annual Incentive Clause in Contracts

Annual Incentive. Employee will be eligible to receive annual cash incentives payable for the achievement of performance totals established by the Committee. The actual earned annual cash incentive, if any, payable to Employee for any performance period will depend upon the extent to which the applicable performance goal(s) specified by the Committee are achieved and will be decreased or increased accordingly. All payment of Annual Incentive shall be subject to normal and customary withholdings.

Appears in 14 contracts

Samples: Employment Agreement (Veri-Tek International, Corp.), Employment Agreement (Manitex International, Inc.), Employment Agreement (Manitex International, Inc.)

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Annual Incentive. Employee will be eligible to receive annual cash incentives payable for the achievement of performance totals goals established by the Committee. The actual earned annual cash incentive, if any, payable to Employee for any performance period will depend upon the extent to which the applicable performance goal(s) specified by the Committee are achieved and will be decreased or increased accordingly. All payment of Annual Incentive shall be subject to normal and customary withholdings.

Appears in 3 contracts

Samples: Employment Agreement (Manitex International, Inc.), Employment Agreement (Manitex International, Inc.), Employment Agreement (Manitex International, Inc.)

Annual Incentive. Employee will be eligible to receive annual cash incentives payable for the achievement of company or individual performance totals goals established or approved by the Board of Directors of the Company (the “Board”) or by the Compensation Committee of the Board (the “Committee”). During calendar year 2008, Employee’s target annual incentive (“Target Annual Incentive”) will be $110,000. The actual earned annual cash incentive, if any, payable to Employee for any performance period will depend upon the extent to which the applicable performance goal(s) specified by the Committee are achieved and will be decreased or increased accordingly. All payment of Annual Incentive shall be subject to normal and customary withholdingsachieved.

Appears in 2 contracts

Samples: Employment Agreement (Limelight Networks, Inc.), Employment Agreement (Limelight Networks, Inc.)

Annual Incentive. Employee will be eligible to receive annual cash incentives payable for the achievement of performance totals established by the Committee. The actual earned annual cash incentive, if any, payable to Employee for any performance period will depend upon the extent to which the applicable performance goal(s) specified by the Committee are achieved and will be decreased or increased accordingly. For calendar year 2006 only, Employee will receive a guaranteed bonus of $250,000, payable in the first quarter of 2007. All payment of Annual Incentive shall be subject to normal and customary withholdings.

Appears in 1 contract

Samples: Employment Agreement (Noble International, Ltd.)

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Annual Incentive. Employee will be eligible to receive annual cash incentives payable for the achievement of performance totals established by the Committee. The actual earned annual cash incentive, if any, payable to Employee for any performance period will depend upon the extent to which the applicable performance goal(s) specified by the Committee are achieved and will be decreased or increased accordingly. All payment of Annual Incentive shall be subject to normal and customary withholdings.” All terms and conditions of the Agreement other than those amended pursuant to this Amendment shall remain in full force and effect.

Appears in 1 contract

Samples: Employment Agreement (Manitex International, Inc.)

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