Guaranteed Bonus. During the Term, in addition to the Base Salary, the Employee shall receive a guaranteed bonus of Forty Thousand Dollars, ($40,000) per year (the “Guaranteed Bonus”), which shall be paid no less frequently than yearly and procedures, less such deductions or offsets required by applicable law, rule or regulation or otherwise authorized by Employee.
Guaranteed Bonus. At the end of the first year of Employee’s employment under this Agreement, Employee shall be entitled to receive a guaranteed bonus of the greater of Fifty Thousand and 00/100 Dollars ($50,000.00) (less applicable withholdings) or the amount Employee would receive under the Company’s incentive plan for the Company’s fiscal year ending September 28, 2007. Such bonus shall be paid in accordance with the terms of the Corporation’s regular incentive programs and Employee must be employed by the Corporation at the time payment of such bonus would be made.
Guaranteed Bonus. The Company will pay Executive $22,000.00 upon execution of this Agreement. In addition, the Company shall pay the Executive a bonus (the “Guaranteed Bonus”) of Fifty Thousand ($50,000.00) Dollars within 30 days following each anniversary of the date of the Effective Date during the Term, provided that the Executive is employed hereunder on such anniversary date.
Guaranteed Bonus. The Company shall pay the Executive a lump-sum cash bonus (the “Guaranteed Bonus”) equal to one hundred thousand dollars ($100,000.00) within thirty (30) days following the expiration of each year of the Term, provided that the Executive is employed hereunder on the last day of such year of the Term (subject to the terms of Section 10 hereof), and regardless of whether the Executive remains employed by Company after such date. Any bonus not paid shall accrue until paid.
Guaranteed Bonus. The Company shall pay the Executive a bonus (the "GUARANTEED BONUS") of Seventy Five Thousand ($75,000) within 30 days following each anniversary of the date of this Agreement during the Term, provided that the Executive is employed hereunder on such anniversary date. The Board of Directors of the Company shall annually review the Guaranteed Bonus to determine whether an increase in the amount thereof is warranted.
Guaranteed Bonus. Employee shall be entitled to a guaranteed bonus payable in cash in an amount equal to twenty-five percent (25%) of the Salary payable pro-rata commencing with the 2001 calendar year, not later than March 15, 2002, and annually thereafter, and pro-rated in the event of commencement, expiration or termination prior to said payment date.
Guaranteed Bonus. Your guaranteed annual bonus for the 2008 calendar year with respect to amounts payable under Section 3(b) shall be no less than the amount set forth on Appendix A, without pro-ration or reduction for any other compensation you receive from other sources (a “Guaranteed Bonus”) and shall be paid to you at the time annual bonuses are paid to other executive officers of the Company for 2008 generally (but no later than March 15, 2009). Notwithstanding Section 3(b), at least 50% of your Guaranteed Bonus shall be paid in cash, and no more than 50% of your Guaranteed Bonus shall be awarded in the form of restricted stock units based on the Company’s common stock (“Restricted Stock Units”) on terms and conditions that are no less favorable than those contained in the Restricted Stock Unit Agreement attached hereto as Exhibit A.