Common use of Discretionary Bonuses Clause in Contracts

Discretionary Bonuses. During the term of this Agreement, the Executive shall be eligible to participate in an equitable manner with other executive employees of the Company and its subsidiaries in any Company Bonus Plan or in other discretionary bonuses authorized and declared by the Board, and the board of directors (or the equivalent thereof) of the Company's subsidiaries, or by their respective delegees.

Appears in 4 contracts

Samples: Employment Agreement (CFX Corp), Employment Agreement (CFX Corp), Employment Agreement (CFX Corp)

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Discretionary Bonuses. During the term Term of this Agreement, the Executive shall be eligible to participate in an equitable manner with other executive employees of the Company and its subsidiaries in any Company Bonus Plan or in other for such discretionary bonuses authorized as may be authorized, declared, and declared paid by the Board, Board in its sole discretion and the board of directors (or the equivalent thereof) of shall be eligible for such bonuses under the Company's subsidiaries’s Executive Officer Bonus Plan, or as may be awarded by their respective delegeesthe Board pursuant to the terms of such plan.

Appears in 3 contracts

Samples: Employment Agreement (Zenith National Insurance Corp), Employment Agreement (Zenith National Insurance Corp), Employment Agreement (Zenith National Insurance Corp)

Discretionary Bonuses. During the term of this Agreement, the Executive shall be eligible to participate in an equitable manner with other executive employees of the Company and its subsidiaries in any Company Bonus Plan or in other discretionary bonuses authorized and declared by the Board, and the board of directors (or the equivalent thereof) of the Company's subsidiaries, or by their respective delegees.

Appears in 2 contracts

Samples: Employment Agreement (Premier National Bancorp Inc), Employment Agreement (Premier National Bancorp Inc)

Discretionary Bonuses. During the term of this Agreement, the --------------------- Executive shall be eligible to participate in an equitable manner with other executive employees of the Company and its subsidiaries in any Company Bonus Plan or in other discretionary bonuses authorized and declared by the Board, and the board of directors (or the equivalent thereof) of the Company's subsidiaries, or by their respective delegees.

Appears in 2 contracts

Samples: Employment Agreement (Premier National Bancorp Inc), Employment Agreement (Premier National Bancorp Inc)

Discretionary Bonuses. During Subject to the term further provisions of this Agreement, during the Term of this Agreement the Executive shall be eligible entitled to participate in an equitable manner with all other executive employees senior executives of the Company in such discretionary bonuses an may be authorized, declared and its subsidiaries paid to the Company's senior executives generally. The foregoing shall not give the Executive the right to participate in any Company Bonus Plan individualized bonus programs whether or in other discretionary bonuses authorized and declared by the Board, and the board of directors (not such bonus programs are applicable to any or the equivalent thereof) all of the Company's subsidiaries, or by their respective delegeesother senior executives.

Appears in 1 contract

Samples: Employment Agreement (Tracker Corp of America)

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Discretionary Bonuses. During Subject to the term further provisions of this Agreement, during the Term of this Agreement the Executive shall be eligible entitled to participate in an equitable manner with all other executive employees senior executives of the Company in such discretionary bonuses, including, but not limited to, bonuses provided pursuant to any management bonus plan that the Company may adopt (based upon the performance of the participant and its subsidiaries in any Company Bonus Plan or in other discretionary bonuses the Company), as may be authorized and declared by the Board, and the board of directors (or the equivalent thereof) of Board to the Company's subsidiaries, or by their respective delegees.senior executives. Nothing in this section shall be deemed to limit the ability of the Executive to be paid and receive discretionary

Appears in 1 contract

Samples: Employment Agreement (P F Changs China Bistro Inc)

Discretionary Bonuses. During Subject to the term further provisions of this Agreement, during the Term of this Agreement the Executive shall be eligible entitled to participate in an equitable manner matter with all other executive employees senior executives of the Company in such discretionary bonuses an may be authorized, declared and its subsidiaries paid to the Company's senior executives generally. The foregoing shall not give the Executive the right to participate in any Company Bonus Plan individualized bonus programs whether or in other discretionary bonuses authorized and declared by the Board, and the board of directors (not such bonus programs are applicable to any or the equivalent thereof) all of the Company's subsidiaries, or by their respective delegeesother senior executives.

Appears in 1 contract

Samples: Employment Agreement (Tracker Corp of America)

Discretionary Bonuses. During Subject to the term further provisions of this Agreement, during the Term of this Agreement the Executive shall be eligible entitled to participate in an equitable manner with all other executive employees senior executives of the Company in such discretionary bonuses an may be authorized, declared and its subsidiaries paid to the Company's senior executives generally. The foregoing shall not give the Executive the right to participate in any Company Bonus Plan individual bonus programs whether or in other discretionary bonuses authorized and declared by the Board, and the board of directors (not such bonus programs are applicable to any or the equivalent thereof) all of the Company's subsidiaries, or by their respective delegeesother senior executives.

Appears in 1 contract

Samples: Employment Agreement (Tracker Corp of America)

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