Compensation: Bonuses Sample Clauses

Compensation: Bonuses. An award made under this section is a bonus provided by the College in addition to the regular compensation of the recipient.
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Compensation: Bonuses. A. In consideration for his services to be performed under this Agreement, and as compensation therefore, Employee shall receive, in addition to all of the benefits provided in this Agreement, a base salary (the "Base Salary") of Two Hundred Thousand Dollars ($200,000) per annum.
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Compensation: Bonuses. Not pay or agree to pay to any employee, officer, or director of the Company, without the consent of Buyer, compensation that is in excess of the current compensation level of such employee, officer, or director, except as provided in the Employment Agreements referenced in Section 7.1.4 hereof;
Sample 1
Compensation: Bonuses. Pay to any officers or directors of Borrowers or to any employees of Borrowers performing management or executive functions (collectively, "Executive Management") compensation (including bonuses) in any form for employment services (which shall not include pension benefits, customary fringe benefits approved by Bank, benefits under incentive plans approved by Bank or compensation payable in stock and/or stock options of THG) in the fiscal year of Borrowers ending December 31, 1997, which exceeds, in the aggregate, the amount determined in accordance with a plan presented to and approved by Bank in writing prior to Closing. Borrowers shall not increase the aggregate amount of such compensation to Executive Management for any fiscal year of Borrowers subsequent to December 31, 1997, without Bank's prior written consent; provided, however, that if no Default or Event of Default shall have occurred and be continuing (a) such consent shall not unreasonably be withheld or delayed (provided, however, that a period of ten (10) Banking Days from the time Bank receives all information it requires to evaluate Borrowers' increased compensation request to the conclusion of such evaluation shall not be deemed an unreasonable delay), and (b) Bank shall not request Borrowers to decrease compensation payable to Executive Management from the amount paid in the prior fiscal year. Borrowers and Bank agree that at Closing the following individuals (and their successors in office) comprise Executive Management: Xxxxx X. Xxxxxx (President and Chief Executive Officer); Xxxxx Xxxxxxx (Senior Vice President and Chief Financial Officer); Xxxx Xxxxxxx (Senior Vice President and Chief Operating Officer); Xxxx Xxxxxx (Senior Vice President); Xxxxxx Xxxxxxxxx (Senior Vice President); Xxxxx Xxxxxx (Senior Vice President); and Xxxx Xxxxxxxxxx (Senior Vice President).
Sample 1
Compensation: Bonuses. Not hire or pay or agree to hire or pay any employee, independent contractor, officer, or director of the Partnership, without the consent of Buyer.
Sample 1
Compensation: Bonuses. Section 4(b) of the Employment Agreement and Section 1(b) of the Amendment No. 1 shall each be deleted from the Employment Agreement and Amendment No. 1. Section 4(c) of the Employment Agreement shall be deleted therefrom. Employee acknowledges and agrees that no bonus compensation is due him in respect of any past, current or future fiscal year of the Company.
Sample 1

Related to Compensation: Bonuses

  • Retention Bonuses Provided Executive becomes and remains an active employee of Mercantile, Mercantile will pay Executive retention bonuses in accordance with the following schedule:

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Compensation Benefits Expenses (a) Compensation In consideration of the services to be rendered hereunder, including, without limitation, services to any Affiliated Company, Consultant shall be paid a fee of 1,000,000 shares, pursuant to the procedures regularly established, and as they may be amended, by the Company during the course of this Agreement.

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

  • Cash Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual cash incentive compensation shall be 40 percent of the Executive’s Base Salary. Except as otherwise provided herein, to earn cash incentive compensation, the Executive must be employed by the Company on the day such cash incentive compensation is paid.

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