Common use of Incentive Cash Compensation Clause in Contracts

Incentive Cash Compensation. For each fiscal year of the Company or portion thereof during the Term, the Employee shall be eligible for discretionary bonuses payable by the Company on such terms and conditions, and subject to such standards, as shall be determined from time to time, in the sole discretion of the Board of Directors or the compensation committee of the Company.

Appears in 2 contracts

Samples: Share Exchange Agreement (Eventures Group Inc), Share Exchange Agreement (Eventures Group Inc)

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Incentive Cash Compensation. For each fiscal year of the Company or portion thereof during the Employment Term, the Employee shall be eligible for discretionary bonuses payable by the Company on such terms and conditions, and subject to such standards, as shall be determined from time to time, in the sole discretion of the Board of Directors or the compensation committee of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Eventures Group Inc), Employment Agreement (Novo Networks Inc)

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Incentive Cash Compensation. For each fiscal year of the Company Fiscal Year or portion thereof during the Term, the Employee shall be eligible for discretionary bonuses payable by the Company on such terms and conditions, and subject to such standards, as shall be determined from time to time, time in the sole discretion of the Board of Directors or of the Company or, at the Board of Directors' discretion, the compensation committee of the Company.

Appears in 1 contract

Samples: Employment Agreement (Edge Technology Group Inc)

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