Common use of Bonuses Clause in Contracts

Bonuses. In the discretion of the Board, and without implying any obligation on Employer ever to award a bonus to Executive, Executive may from time to time be awarded a cash bonus or bonuses for services rendered to Employer during the term of Executive’s employment under this Agreement. If and to the extent a bonus is ever considered for Executive, it is expected that any such bonus will be based not only on Executive’s individual performance and Executive’s relative position, service tenure and responsibilities with Employer, but also on the performance and profitability of the entire business of Employer.

Appears in 12 contracts

Samples: Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc)

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Bonuses. In the discretion of the Board, and without implying any obligation on Employer ever to award a bonus to Executive, Executive may from time to time be awarded a cash bonus or bonuses for services rendered to Employer during the term of Executive’s employment under this Agreement. If and to the extent a bonus is ever considered for Executive, it is expected that any such bonus will be based not only on Executive’s individual performance and Executive’s relative position, service tenure position and responsibilities with Employer, but also on the performance and profitability of the entire business of Employer.

Appears in 11 contracts

Samples: Executive Employment Agreement (Healthtronics, Inc.), Executive Employment Agreement (Healthtronics, Inc.), Executive Employment Agreement (Healthtronics, Inc.)

Bonuses. In the discretion of the Board, and without implying any obligation on Employer ever to award a bonus to Executive, Executive may from time to time be awarded a cash bonus or bonuses for services rendered to Employer during the term of Executive’s 's employment under this Agreement. If and to the extent a bonus is ever considered for Executive, it is expected that any such bonus will be based not only on Executive’s 's individual performance and Executive’s 's relative position, service tenure and responsibilities with Employer, but also on the performance and profitability of the entire business of Employer.

Appears in 6 contracts

Samples: Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc)

Bonuses. In the discretion of the Board, and without implying any obligation on Employer ever to award a bonus to Executive, Executive may from time to time be awarded a cash bonus or bonuses for services rendered to Employer during the term of Executive’s employment under this AgreementAgreement . If and to the extent a bonus is ever considered for Executive, it is expected that any such bonus will be based not only on Executive’s individual performance and Executive’s relative position, service tenure position and responsibilities with Employer, but also on the performance and profitability of the entire business of Employer.

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

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Bonuses. In the discretion of the BoardEmployer, and without implying any obligation on Employer ever to award a bonus to Executive, Executive may from time to time be awarded a cash bonus or bonuses for services rendered to Employer during the term of Executive’s employment under this Agreement. If and to the extent a bonus is ever considered for Executive, it is expected that any such bonus will be based not only on Executive’s individual performance and Executive’s relative position, service tenure and responsibilities with Employer, but also on the performance and profitability of the entire business of Employer.

Appears in 1 contract

Samples: Executive Employment Agreement (Healthtronics, Inc.)

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