Common use of Bonuses and Incentive Compensation Clause in Contracts

Bonuses and Incentive Compensation. The Executive shall be eligible to participate in an equitable manner with all other employees of the Employer in any bonus or other incentive programs (including any stock option or equity compensation plans) as may be authorized, declared and paid by the Boards of Directors of the Employer. This provision shall not preclude the grant of any other bonus or compensation to the Executive as determined by the Board of Directors of the Employer.

Appears in 6 contracts

Samples: Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp)

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Bonuses and Incentive Compensation. The Executive shall be eligible ---------------------------------- to participate in an equitable manner with all other employees of the Employer in any bonus or other incentive programs (including any stock option or equity compensation plans) as may be authorized, declared and paid by the Boards of Directors of the Employer. This provision shall not preclude the grant of any other bonus or compensation to the Executive as determined by the Board of Directors of the Employer.

Appears in 6 contracts

Samples: Employment Agreement (Oneida Financial Corp), 3 Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp)

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Bonuses and Incentive Compensation. The Executive shall be eligible to participate in an equitable manner with all other executive employees of the Employer in any bonus or other incentive programs (including any stock option or equity compensation plans) as may be authorized, authorized and declared and paid by the Boards Employer for executive employees generally. No other compensation provided for in this Agreement shall be deemed a substitute for the Executive's right to participate in such bonuses and incentive programs when and as declared by the Board of Directors of the Employer. This provision shall not preclude the grant of any other bonus or compensation to the Executive as determined by the Board of Directors of the Employer.

Appears in 5 contracts

Samples: Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc), Employment Agreement (Partners Trust Financial Group Inc)

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