Common use of Incentive Compensation Clause in Contracts

Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 8 contracts

Samples: Employment Agreement (Pinnacle Financial Partners Inc), Employment Agreement (Pinnacle Financial Partners Inc), Employment Agreement (Pinnacle Financial Partners Inc)

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Incentive Compensation. The Executive shall be entitled eligible to receive ---------------------- annual bonus compensation, if any, as may be determined by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the BankEmployer.

Appears in 5 contracts

Samples: Employment Agreement (Neighbors Bancshares Inc), Employment Agreement (Neighbors Bancshares Inc), Employment Agreement (Neighbors Bancshares Inc)

Incentive Compensation. The Executive shall be entitled to annual receive such bonus compensation, if any, payments or incentive compensation as may be determined at any time or from time to time by the Board of Directors of the Company (or the Bank pursuant to any authorized committee thereof) in its discretion. Such potential bonus payments and/or incentive compensation program as may shall be adopted from time to time considered at least annually by the Company Board or the Bankcommittee.

Appears in 5 contracts

Samples: Employment Agreement (Biopower Operations Corp), Employment Agreement (Laptop Depot Global), Employment Agreement (Biopower Operations Corp)

Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by the Board Human Resources and Compensation Committee of Directors the board of directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 4 contracts

Samples: Employment Agreement (Pinnacle Financial Partners Inc), Employment Agreement (Pinnacle Financial Partners Inc), Employment Agreement (Pinnacle Financial Partners Inc)

Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by the Human Resources Committee of the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 4 contracts

Samples: Employment Agreement (Pinnacle Financial Partners Inc), Employment Agreement (Pinnacle Financial Partners Inc), Employment Agreement (Pinnacle Financial Partners Inc)

Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by the Board of Directors of the Company or the Bank Employer pursuant to any incentive compensation program as may be adopted from time to time by the Company or the BankEmployer.

Appears in 3 contracts

Samples: Employment Agreement (Buckhead Community Bancorp Inc), Form of Employment Agreement (Buckhead Community Bancorp Inc), Agreement and Plan of Reorganization (Buckhead Community Bancorp Inc)

Incentive Compensation. The Executive shall be entitled eligible to receive annual bonus compensation, if any, as determined by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 2 contracts

Samples: Employment Agreement (Nicolet Bankshares Inc), Employment Agreement (Nicolet Bankshares Inc)

Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by the Board of Directors of the Company or the Bank Employer pursuant to any incentive compensation program as may be adopted from time to time by the Company or the BankEmployer.

Appears in 2 contracts

Samples: Employment Agreement (Pinnacle Financial Partners Inc), Employment Agreement (Pinnacle Financial Partners Inc)

Incentive Compensation. The Executive shall be entitled eligible to ---------------------- receive annual bonus compensation, if any, as determined by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 2 contracts

Samples: Employment Agreement (Nicolet Bankshares Inc), Employment Agreement (Nicolet Bankshares Inc)

Incentive Compensation. The Executive shall be entitled eligible to participate in such annual incentive bonus compensation, if any, as determined by the Board of Directors of the Company compensation programs or the Bank pursuant to any incentive compensation program as may be adopted arrangements established from time to time by for executives of the Company or the BankCompany.

Appears in 2 contracts

Samples: Employment Agreement (Cooper Tire & Rubber Co), 2009 Employment Agreement (Cooper Tire & Rubber Co)

Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 2 contracts

Samples: Employment Agreement (NSB Holdings, Inc.), Employment Agreement (FirstBank Financial Services, Inc.)

Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program programs as may be adopted from time to time by the Company or the Bank.

Appears in 1 contract

Samples: Employment Agreement (FirstBank Financial Services, Inc.)

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Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by in the Board of Directors sole discretion of the Company Managing Members or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the BankEmployer.

Appears in 1 contract

Samples: Employment Agreement (Global Water Resources, Inc.)

Incentive Compensation. The Executive shall be entitled eligible to receive annual bonus compensation, if any, at a target rate of 20% of the Executive’s base pay as determined recommended by the CEO and as approved by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 1 contract

Samples: Employment Agreement (Nicolet Bankshares Inc)

Incentive Compensation. The Executive shall be entitled eligible to ----------------------- receive annual bonus compensation, if any, as determined by the Board Incentive Compensation Plan of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 1 contract

Samples: Employment Agreement (Nicolet Bankshares Inc)

Incentive Compensation. The Executive shall be entitled eligible to receive annual bonus compensation, if any, at a target rate of 30% of the Executive’s base pay as determined recommended by the Chairman & CEO and as approved by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 1 contract

Samples: Employment Agreement (Nicolet Bankshares Inc)

Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank. Any such program shall be based upon the performance of the Employer for its fiscal year and any such program shall provide that any annual bonus otherwise earned shall be paid immediately following the last day of that fiscal year.

Appears in 1 contract

Samples: Employment Agreement (United Community Banks Inc)

Incentive Compensation. The Executive shall be entitled to annual bonus compensation, if any, as determined by the Board Human Resources and Compensation Committee of Directors the board of directors of the Company or the Bank on a basis no less favorable than that applicable to similarly situated executives of the Company pursuant to any the incentive compensation program applicable to such similarly situated executives as may be adopted from time to time by the Company or the Bank, provided that his target annual bonus opportunity shall be no less than 75% of Base Salary.

Appears in 1 contract

Samples: Employment Agreement (Pinnacle Financial Partners Inc)

Incentive Compensation. The Executive shall be entitled eligible to receive annual bonus compensation, if any, at a target rate of 30% of the Executive’s base pay as determined recommended by the President and as approved by the Board of Directors of the Company or the Bank pursuant to any incentive compensation program as may be adopted from time to time by the Company or the Bank.

Appears in 1 contract

Samples: Employment Agreement (Nicolet Bankshares Inc)

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