Common use of Continued Employment Requirement Clause in Contracts

Continued Employment Requirement. In order to encourage and reward longevity, except as otherwise specifically provided in Section 4(b)(ii) hereof, Executive shall not be entitled to any Performance Bonus unless Executive is employed by the Company on the day on which the Company actually pays performance bonuses to its executives.

Appears in 12 contracts

Samples: Employment Agreement (Fox Factory Holding Corp), Employment Agreement (Fox Factory Holding Corp), Employment Agreement (Fox Factory Holding Corp)

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Continued Employment Requirement. In order to encourage and reward longevity, except as otherwise specifically provided in Section 4(b)(ii) hereof, Executive shall not be entitled to any Performance Bonus unless Executive is employed by the Company on the day on which the Company actually pays performance bonuses to its executives.

Appears in 1 contract

Samples: Employment Agreement (Fox Factory Holding Corp)

Continued Employment Requirement. In order to encourage and reward longevity, except as otherwise specifically provided in Section 4(b)(ii) hereof, Executive shall not be entitled to any Performance Bonus unless Executive is employed by the Company on the day on which the Company actually pays performance bonuses to its executives.”

Appears in 1 contract

Samples: Amendment to Employment Agreement (Fox Factory Holding Corp)

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Continued Employment Requirement. In order to encourage and reward longevity, except as otherwise specifically provided for in Section 4(b)(ii) hereofthis Agreement, Executive shall not be entitled to any Performance Bonus unless Executive is employed by the Company on the day on which the Company actually pays performance bonuses to its executives.”

Appears in 1 contract

Samples: Employment Agreement (Fox Factory Holding Corp)

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