Annual MBO Bonus Sample Clauses

Annual MBO Bonus. If you are employed through the last day of the calendar year, you will be eligible for an annual Management by Objective (“MBO”) bonus of up to $83,333. The amount of the MBO bonus will be determined in the discretion of the Chief Executive Officer of the Company each year and will take into account Employee’s achievement of objectives set by the Company, Employee’s individual performance and the Company’s overall performance.