Common use of Guaranteed Bonus Clause in Contracts

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.

Appears in 2 contracts

Samples: Employment Agreement (Innovive Pharmaceuticals, Inc.), Employment Agreement (Innovive Pharmaceuticals, Inc.)

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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 One Hundred Fifty Thousand Dollars ($50,000.00150,000) Dollars within 30 days following each anniversary of the date of the Effective Date this Agreement during the Term, provided that the Executive is employed hereunder on such anniversary date.

Appears in 1 contract

Samples: Employment Agreement (Ziopharm Oncology Inc)

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 Two Hundred Fifty Thousand Dollars ($50,000.00250,000) Dollars within 30 days following each anniversary of the date of the Effective Date 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.

Appears in 1 contract

Samples: Agreement (Ziopharm Oncology Inc)

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 Dollars ($50,000.0050,000) Dollars within 30 days following each anniversary of the date of the Effective Date this Agreement during the Term, provided that the Executive is employed hereunder on such anniversary date.

Appears in 1 contract

Samples: Employment Agreement (Ziopharm Oncology Inc)

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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”"GUARANTEED BONUS") of Fifty Seventy Five Thousand ($50,000.0075,000) Dollars within 30 days following each anniversary of the date of the Effective Date 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.

Appears in 1 contract

Samples: Employment Agreement (Manhattan Pharmaceuticals Inc)

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