Common use of Bonus Potential Clause in Contracts

Bonus Potential. Executive is eligible to receive an annual performance bonus of up to thirty percent (30%) of his annual base salary. Such bonuses, if any, are awarded at the sole discretion of the Company’s Board of Directors (the “Board”) based on its assessment of Executive’s performance, as measured by the performance standards set by the CEO, as well as the Company’s performance. No bonuses are earned until the Board or its delegate confirms 1. such bonuses in writing. The Company shall have the sole discretion to change or eliminate the annual bonus program at any time, and to determine the amount of bonus earned by Executive, if any.

Bonus Potential. Executive is eligible to receive an annual performance bonus of up to thirty percent (30%) of his annual base salary. Such bonuses, if any, are awarded at the sole discretion of the Company’s Board of Directors (the “Board”) based on its assessment of Executive’s performance, performance as measured by the performance standards set by agreed upon and memorialized in writing between Executive and the CEO, as well as subject to approval by the Company’s performanceCompensation Committee of the Board of Directors (the “Compensation Committee”). No bonuses are earned until the Board or its delegate confirms 1. confirms such bonuses in writing. The Company shall have the sole discretion to change or eliminate the annual bonus program at any time, and to determine the amount of bonus earned by Executive, if any1.

Bonus Potential. Executive is eligible to receive an annual performance bonus of up to thirty percent (30%) of his Executive’s annual base salary. Such bonuses, if any, are awarded at the sole discretion of the Company’s Board of Directors (the “Board”) based on its assessment of Executive’s performance, as measured by the performance standards [set by the CEOCEO][previously approved by the Board], as well as the Company’s performance. No bonuses are earned until the Board or its delegate confirms 1. confirms such bonuses in writing. The Company shall have the sole discretion to change or eliminate the annual bonus program at any time, and to determine the amount of bonus earned by Executive, if any.