Business Segment Bonus Compensation. Inasmuch as Executive's services for the Company relate primarily to the operations of a subsidiary, a division or other segment of the overall operations of the Company and its subsidiaries (a "Business Segment"), Executive shall be considered for additional bonus compensation for each fiscal year based on the results of operations of such Business Segment for such fiscal year. The amount of such additional bonus compensation, if any, shall be determined by the chief executive officer in his sole discretion but in no event shall such additional bonus compensation exceed 42% of Executive's Base Salary.
Appears in 6 contracts
Samples: Employment Agreement (Pall Corp), Employment Agreement (Pall Corp), Employment Agreement (Pall Corp)
Business Segment Bonus Compensation. Inasmuch as Executive's services for the Company relate primarily to the operations of a subsidiary, a division or other segment of the overall operations of the Company and its subsidiaries (a "Business Segment"), Executive shall be considered for additional bonus compensation for each fiscal year based on the results of operations of such Business Segment for such fiscal year. The amount of such additional bonus compensation, if any, shall be determined by the chief executive officer in his sole discretion but in no event shall such additional bonus compensation exceed 4228% of Executive's Base Salary.
Appears in 6 contracts
Samples: Employment Agreement (Pall Corp), Pall Corp, Pall Corp
Business Segment Bonus Compensation. Inasmuch as Executive's services for the Company relate primarily to the operations of a subsidiary, a division or other segment of the overall operations of the Company and its subsidiaries (a "Business Segment"), Executive shall be considered for additional bonus compensation for each fiscal year based on the results of operations of such Business Segment for such fiscal year. The amount of such additional bonus compensation, if any, shall be determined by the chief executive officer of Pall Corporation in his sole discretion but in no event shall such additional bonus compensation exceed 4214% of Executive's Base Salary.
Appears in 1 contract
Samples: Service Agreement (Pall Corp)
Business Segment Bonus Compensation. Inasmuch as Executive's services for the Company relate primarily to the operations of a subsidiary, a division or other segment of the overall operations of the Company and its subsidiaries (a "Business Segment"), Executive shall be considered for additional bonus compensation for each fiscal year based on the results of operations of such Business Segment for such fiscal year. The amount of such additional bonus compensation, if any, shall be determined by the chief executive officer of Pall Corporation in his sole discretion but in no event shall such additional bonus compensation exceed 4210% of Executive's Base Salary.
Appears in 1 contract
Samples: Service Agreement (Pall Corp)
Business Segment Bonus Compensation. Inasmuch as Executive's services for the Company relate primarily to the operations of a subsidiary, a division or other segment of the overall operations of the Company and its subsidiaries subsidiary or associated companies (a "Business Segment"), Executive shall be considered for additional bonus compensation for each fiscal year based on the results of operations of such Business Segment for such fiscal year. The amount of such additional bonus compensation, if any, shall be determined by the chief executive officer of Pall Corporation in his sole discretion but in no event shall such additional bonus compensation exceed 4212.5% of Executive's Base Salary.
Appears in 1 contract
Samples: Employment Agreement (Pall Corp)