Common use of Bonus Plan Clause in Contracts

Bonus Plan. In addition to his base salary, the Executive shall be entitled to receive a bonus under the Corporation's bonus plan in effect from time to time determined in the manner, at the time, and in the amounts set forth under such plan.

Appears in 9 contracts

Samples: Employment Agreement (Bowater Inc), Employment Agreement (Bowater Inc), Employment Agreement (Bowater Inc)

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Bonus Plan. In addition to his base salary, the Executive shall be entitled to receive a an annual bonus under the Corporation's bonus plan in effect from time to time determined in the manner, at the time, and in the amounts set forth under such plan.

Appears in 3 contracts

Samples: Employment Agreement (Bowater Inc), Employment Agreement (Bowater Inc), Employment Agreement (Bowater Inc)

Bonus Plan. In addition to his her base salary, the Executive shall be entitled to receive a bonus under the Corporation's bonus plan in effect from time to time determined in the manner, at the time, and in the amounts set forth under such plan.

Appears in 1 contract

Samples: Employment Agreement (Bowater Inc)

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Bonus Plan. In addition to his base salary, the Executive shall be entitled to receive a an annual bonus under the Corporation's bonus plan in effect from time to time determined in the manner, at the time, and in the amounts set forth under such plan. For 1999, the Executive will be entitled to a 45% target bonus formula. Any bonus for such year will be prorated to the nearest full month of active employment.

Appears in 1 contract

Samples: Employment Agreement (Bowater Inc)

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