Common use of Bonus Account Clause in Contracts

Bonus Account. Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, the Company shall establish a Bonus Account in the name of, and for the benefit of, the Participant (the "Bonus Account"). There shall be a separate Bonus Account for the Participant for each Performance Period.

Appears in 5 contracts

Samples: Performance Bonus Agreement (Albany International Corp /De/), Performance Bonus Agreement (Albany International Corp /De/), Performance Bonus Agreement (Albany International Corp /De/)

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