Bonus and Other Compensation Sample Clauses

Bonus and Other Compensation. Executive shall be entitled to participate on the same terms as other officers in any applicable bonus, stock option, restricted stock, pension or profit sharing plan, or any other type of plan adopted by the Company for the benefit of its officers, directors and employees.
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Bonus and Other Compensation. In addition to the Annual Base Salary, the Board (or its designated compensation committee) may award Employee an annual bonus at its discretion. Employee will also be eligible to participate in the Company’s equity compensation plan, if and when adopted. Awards thereunder will be made to Employee from time to time at the discretion of the Board (or relevant committee thereof).
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Bonus and Other Compensation. The Executive shall be entitled to ---------------------------- additional bonus and other compensation as may be established from time to time by the Board of Directors based upon an annual business plan which shall set goals (which shall include achievement of revenue and profit measures which are reasonable at the time established) for the Corporation.
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Bonus and Other Compensation. Executive may also be entitled to additional compensation in the form of bonus or options to acquire shares in the Company (See Annex A). Terms and conditions of any bonuses or any other compensation not covered in this Contract, if any, shall be set forth in an addendum to this Contract executed by the Company and Executive.
Sample 1
Bonus and Other Compensation. The Employee shall also receive such bonuses and other forms of compensation as may be declared from time to time by the Board or the Compensation Committee in its sole and absolute discretion. Any bonus awarded to the Employee shall be paid by the 15th day of the third calendar month following the close of the Company’s fiscal year for which such bonus is earned or as soon thereafter as administratively practicable, but in no event shall such payment be made later December 31st of that calendar year in which fiscal year ends.
Sample 1
Bonus and Other Compensation. In exchange for Employee’s execution and performance of this Agreement and her strict compliance with the covenants incorporated by reference in Section 6 below, the Company agrees to provide Employee with the following benefits to which Employee would not otherwise be entitled: (i) payment of a pro rata portion of the bonus Employee would have received, if any, had Employee continued in employment with the Company through the payment date at her prior annual salary rate of $275,000 per year and not given notice of resignation prior thereto, with such pro rata portion being eight-twelfths of the bonus the Compensation Committee shall award, in its sole discretion, if any, based on the quantitative and qualitative factors described on Exhibit B of the Employment Agreement (the “Pro Rata Bonus”); (ii) payment of all accrued but unused Paid Time Off, with such payment being made on the first payroll period occurring during the Consulting Period; and (iii) permission to keep a Company computer, IPad and printer currently residing in Employee’s home, provided that all other Company property residing on such devices be returned in accordance with this Agreement. The Bonus and Other Compensation described in this Section 3(b)(i)-(iii) shall hereinafter be referred to as the “Separation Benefits.” Employee acknowledges that Employee shall not be eligible to receive any other bonus other than the Pro Rata Bonus, if any. Employee’s entitlement to the Separation Benefits above is expressly conditioned on Employee completing the Transition Term and timely executing, delivering, and not revoking the general release attached hereto as Exhibit 1 within a sixty (60) day period following the expiration of the Transition Term.
Sample 1
Bonus and Other Compensation 
Sample 1
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Related to Bonus and Other Compensation

  • Compensation and Other Benefits Subject to the provisions of this Agreement, the Company shall pay and provide the following compensation and other benefits to the Executive during the Term as compensation for services rendered hereunder:

  • Servicing and Other Compensation The Servicer, as compensation for its activities hereunder, shall be entitled to receive, on or prior to each Distribution Date, the amounts provided for as the Servicing Fee and as reimbursement for Nonrecoverable Advances, Servicing Advances and reimbursement for Advances, all as specified by Section 5.09. The amount of compensation or reimbursement provided for shall be accounted for on a Mortgage Loan-by-Mortgage Loan basis. Additional servicing compensation in the form of assumption fees, prepayment fees and late payment charges shall be retained by the Servicer, to the extent permitted by applicable law. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder (including the fees and expenses of the Trustee and any Sub-Servicer) and shall not be entitled to reimbursement therefor except as specifically provided in Sections 5.09 and 5.21.

  • Executive Perquisites, Benefits and Other Compensation Employee shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:

  • COMPENSATION AND OTHER FEES As compensation for the services provided by Xxxxxx xxxxxxxxx, the Company agrees to pay to Xxxxxx:

  • Vacation and Other Benefits Each Contract Year, Executive shall be entitled to four (4) weeks of paid vacation in accordance with Employer’s applicable policies and procedures for executive-level employees. Executive shall also be eligible to participate in and receive the fringe benefits generally made available to other executive-level employees of Employer in accordance with and to the extent that Executive is eligible under the general provisions of Employer’s fringe benefit plans or programs; provided, however, that Executive understands that these benefits may be increased, changed, eliminated or added from time to time during the Term as determined in Employer’s sole and absolute discretion.

  • Insurance and Other Benefits During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.

  • Executive and Other Committees The Trustees by vote of a majority of all the Trustees may elect from their own number an Executive Committee to consist of not less than two members to hold office at the pleasure of the Trustees, which shall have the power to conduct the current and ordinary business of the Trust while the Trustees are not in session, including the purchase and sale of securities and the designation of securities to be delivered upon redemption of Shares of the Trust or a Series thereof, and such other powers of the Trustees as the Trustees may delegate to them, from time to time, except those powers which by law, the Declaration of Trust or these By-Laws they are prohibited from delegating. The Trustees may also elect from their own number other Committees from time to time; the number composing such Committees, the powers conferred upon the same (subject to the same limitations as with respect to the Executive Committee) and the term of membership on such Committees to be determined by the Trustees. The Trustees may designate a Chairman of any such Committee. In the absence of such designation the Committee may elect its own Chairman.

  • Vacation and Other Leave During the Period of Employment, the Executive shall accrue and be entitled to take paid vacation in accordance with the Company’s vacation policies in effect from time to time, including the Company’s policies regarding vacation accruals; provided that the Executive’s rate of vacation accrual during the Period of Employment shall be no less than three (3) weeks per year. The Executive shall also be entitled to all other holiday and leave pay generally available to other executives of the Company.

  • No Other Compensation Except as expressly provided in Sections 1.4 through 1.7, Executive shall not be entitled to any other compensation or benefits.

  • Other Compensation Unless otherwise stated, this Agreement does not include the Agent’s service of preparing the Property for sale or refinance, modernization, fire or major damage restoration, rehabilitation, financial accounting or legal advice, representation before public agencies, advising on proposed new construction, debt collection, counseling, attending any Association or Condominium meetings, and any other obligation not listed as a Service. If the Owner requests the Agent to perform services not included in this Agreement, a fee shall be agreed upon before such services are performed.

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