Annual Short Term Incentive Bonus. Executive shall also be eligible to earn an annual year-end cash bonus, equal to a maximum of 30% of Executive’s base salary, as determined by a review at the discretion of the CEO and/or Board of Directors. Short Term incentive programs shall be reviewed each year, and be based upon the Executive and the Company achieving specific financial and performance criteria for the fiscal year.
Appears in 2 contracts
Samples: Executive Employment Agreement (Guardian 8 Holdings), Executive Employment Agreement (Guardian 8 Holdings)
Annual Short Term Incentive Bonus. Executive shall also be eligible to earn an annual year-end cash bonus, equal to a maximum of 3075% of Executive’s base salary, as determined by a review at the discretion of the CEO and/or Board of Directors. Short Term incentive programs shall be reviewed each year, and be based upon the Executive and the Company achieving specific financial and performance criteria for the fiscal year.
Appears in 2 contracts
Samples: Executive Employment Agreement (Guardian 8 Holdings), Executive Employment Agreement (Guardian 8 Holdings)
Annual Short Term Incentive Bonus. Executive shall also be eligible to earn an annual year-end cash bonus, equal to a maximum of 3075% of Executive’s base salary, as determined by a review at the discretion of the CEO and/or Board of Directors. Short Term incentive programs shall be reviewed each year, and be based upon the Executive and the Company achieving specific financial and performance criteria for the fiscal year.
Appears in 1 contract
Samples: Executive Employment Agreement (Guardian 8 Holdings)
