Common use of Bonuses Clause in Contracts

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bank.

Appears in 15 contracts

Samples: Employment Agreement (Pennfed Financial Services Inc), Employment Agreement (Pennfed Financial Services Inc), Employment Agreement (Pennfed Financial Services Inc)

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Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bank. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared.

Appears in 5 contracts

Samples: Employment Agreement (Classic Bancshares Inc), Employment Agreement (Classic Bancshares Inc), Employment Agreement (Classic Bancshares Inc)

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bankofficers.

Appears in 4 contracts

Samples: Employment Agreement (Evertrust Financial Group Inc), Employment Agreement (Evertrust Financial Group Inc), Employment Agreement (Alaska Pacific Bancshares Inc)

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Savings Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors or the Committee for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bankofficers.

Appears in 4 contracts

Samples: Employment Agreement (First Financial Northwest, Inc.), Employment Agreement (Home Federal Bancorp Inc), Employment Agreement (Home Federal Bancorp Inc)

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bank.. (c)

Appears in 3 contracts

Samples: Employment Agreement (Hemlock Federal Financial Corp), Employment Agreement (Hemlock Federal Financial Corp), Employment Agreement (Avondale Financial Corp)

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bank. Additionally, the Employee shall continue to receive a bonus payable annually equal to 1/2% of the Company's fiscal year pre-tax earnings.

Appears in 2 contracts

Samples: Employment Agreement (Great Southern Bancorp Inc), Employment Agreement (Great Southern Bancorp Inc)

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bank.

Appears in 2 contracts

Samples: Field Employment Agreement (Mb Financial Inc /Md), Field Employment Agreement (Mb Financial Inc)

Bonuses. The Employee shall be entitled to participate in an ------- equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bank.

Appears in 2 contracts

Samples: Employment Agreement (Avondale Financial Corp), Employment Agreement (Pennfed Financial Services Inc)

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Bonuses. The Employee shall be entitled to participate in an ------- equitable manner with all other executive officers of the Company Surviving Corporation and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors for executive officers of the Company Surviving Corporation and by the board of directors of the Bank for executive officers of the Bank.

Appears in 1 contract

Samples: Employment Agreement (Avondale Financial Corp)

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared from time to time by the Board of Directors for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bank.

Appears in 1 contract

Samples: Employment Agreement (Western Ohio Financial Corp)

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Savings Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors or the Committee for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bankofficers.

Appears in 1 contract

Samples: Employment Agreement (Home Federal Bancorp Inc)

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors or the Committee for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bankofficers.

Appears in 1 contract

Samples: Employment Agreement (Home Federal Bancorp Inc)

Bonuses. The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Company and the Bank in such performance-based and discretionary bonuses, if any, as are authorized and declared by the Board of Directors for executive officers of the Company and by the board of directors of the Bank for executive officers of the Bank. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee’s right to participate in such bonuses when and as declared.

Appears in 1 contract

Samples: Employment Agreement (Classic Bancshares Inc)

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