Common use of Cash Incentive Bonus Clause in Contracts

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY (60) Percent of EMPLOYEE's annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 4 contracts

Samples: Employment Agreement (Mentor Corp /Mn/), Employment Agreement (Mentor Corp /Mn/), Employment Agreement (Mentor Corp /Mn/)

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Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY SEVENTY-FIVE (6075) Percent of EMPLOYEE's annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 3 contracts

Samples: Employment Agreement (Mentor Corp /Mn/), Employment Agreement (Mentor Corp /Mn/), Employment Agreement (Mentor Corp /Mn/)

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY FORTY (6040) Percent of EMPLOYEE's annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 2 contracts

Samples: Employment Agreement (Mentor Corp /Mn/), Employment Agreement (Mentor Corp /Mn/)

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY FIFTY (6050) Percent of EMPLOYEE's annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 2 contracts

Samples: Employment Agreement (Mentor Corp /Mn/), Employment Agreement (Mentor Corp /Mn/)

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY (60) Forty Percent of EMPLOYEE's your annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 2 contracts

Samples: Employment Agreement (Mentor Corp /Mn/), Employment Agreement (Mentor Corp /Mn/)

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY FORTY (60) Percent 40)Percent of EMPLOYEE's annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 1 contract

Samples: Employment Agreement (Mentor Corp /Mn/)

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY FIFTY (60) Percent 50)Percent of EMPLOYEE's annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 1 contract

Samples: Employment Agreement (Mentor Corp /Mn/)

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY Seventy-Five (6075) Percent of EMPLOYEE's annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 1 contract

Samples: Employment Agreement (Mentor Corp /Mn/)

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Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY (60) Forty Percent of EMPLOYEE's 'S annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 1 contract

Samples: Employment Agreement (Mentor Corp /Mn/)

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY Seventy-Five (6075) Percent of EMPLOYEE's ’s annual base salary, subject to applicable withholdings and subject to approval by COMPANY's ’s Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 1 contract

Samples: Employment Agreement (Mentor Corp /Mn/)

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY One Hundred Twenty Five (60125) Percent of EMPLOYEE's ’s annual base salary, subject to applicable withholdings and subject to approval by COMPANY's ’s Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 1 contract

Samples: Employment Agreement (Mentor Corp /Mn/)

Cash Incentive Bonus. EMPLOYEE shall be eligible for a cash incentive bonus of up to SIXTY ONE HUNDRED (60100) Percent of EMPLOYEE's annual base salary, subject to applicable withholdings and subject to approval by COMPANY's Compensation Committee and Board of Directors. Any cash incentive bonus shall accrue and become payable to EMPLOYEE only if EMPLOYEE is employed with COMPANY on the last day of the fiscal year for which the cash incentive bonus is calculated.

Appears in 1 contract

Samples: Employment Agreement (Mentor Corp /Mn/)

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