Common use of Incentive Bonus Payments Clause in Contracts

Incentive Bonus Payments. During the period of the Executive's employment hereunder, the Executive may receive such discretionary bonuses as may be granted to him from time to time by the Board. In addition, Executive shall be eligible to receive such bonuses, if any, as shall be awarded Executive pursuant to Executive's Employee Incentive Plan, attached.

Appears in 4 contracts

Samples: Employment Agreement (Community Bancorp Inc), Employment Agreement (Community Bancorp Inc), Employment Agreement (Community Bancorp Inc)

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Incentive Bonus Payments. During the period of the Executive's employment hereunder, the Executive may receive such discretionary bonuses as may be granted to him from time to time by the Board. In addition, Executive shall be eligible to receive such bonuses, if any, as shall be awarded Executive pursuant to Executive's Employee Incentive Plan, attached.

Appears in 1 contract

Samples: Employment Agreement (Community Bancorp Inc)

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Incentive Bonus Payments. During the period of the Executive's employment hereunder, the Executive may receive such discretionary bonuses as may be granted to him from time to time by the Board. In addition, Executive shall be eligible to receive such bonusesbonuses up to thirty percent (30%) annual base salary, if any, as shall be awarded Executive pursuant to Executive's Employee Incentive Plan, attached.

Appears in 1 contract

Samples: Employment Agreement (Community Bancorp Inc)

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