Common use of Bonus Remuneration Clause in Contracts

Bonus Remuneration. The Manager may, in respect of each year of his employment hereunder, be entitled to a cash bonus of up to 30% of his Salary for such year of employment as determined by the Board in its sole discretion in accordance with the Company’s ongoing programmes and objectives and as the same shall be mutually agreed between the Company the Manager , which shall be paid within 30 days following the date as of when the audited financial statements for such year have been approved by the Board.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Communicate Com Inc), Employment Agreement (Communicate Com Inc), Employment Agreement (Communicate Com Inc)

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