KPI Bonus. For each of the Company’s fiscal years during the Employment Period, Employee shall be eligible to participate in any Company Key Performance Indicator (“KPI”) plan in accordance with the terms and conditions of such plan, if any, with a target KPI bonus equal to 50% of his Base Salary or as determined by the Company Board of Directors. Employee will be eligible to participate in the 2022 KPI plan for the remainder of 2022 on a prorate basis from the Effective Date.
Appears in 1 contract
Sources: Employment Agreement (Power Solutions International, Inc.)
KPI Bonus. For each of the Company’s fiscal years during the Employment Period, Employee shall be eligible to participate in any Company Key Performance Indicator (“KPI”) plan in accordance with the terms and conditions of such plan, if any, with a target KPI bonus equal to 50% of his Base Salary or as determined by the Company Company’s Board of Directors. Employee will be eligible to participate in the 2022 KPI plan for the remainder of 2022 on a prorate basis from the Effective Date.
Appears in 1 contract
Sources: Employment Agreement (Power Solutions International, Inc.)
KPI Bonus. For each of the Company’s fiscal years year during the Employment Period, Employee ▇▇▇▇▇ shall be eligible entitled to participate in any Company Key Performance Indicator (“KPI”) plan in accordance with the terms and conditions of such plan, if any, with a target KPI bonus equal to 50% of his Base Salary or as determined by the Company Board of Directors. Employee will be eligible to participate in the 2022 KPI plan for the remainder of 2022 on a prorate basis from the Effective DateSalary.
Appears in 1 contract
Sources: Employment Agreement (Power Solutions International, Inc.)
KPI Bonus. For each of the Company’s fiscal years during the Employment Period, Employee shall be eligible to participate in any Company Key Performance Indicator (“KPI”) plan in accordance with the terms and conditions of such plan, if any, with a target KPI bonus equal to 50% of his Base Salary or as determined by the Company Board of Directors. Employee will be eligible to participate in the 2022 2025 KPI plan for the remainder of 2022 on a prorate pro rata basis from the Effective Date.
Appears in 1 contract
Sources: Employment Agreement (Power Solutions International, Inc.)