Common use of Management Incentive Compensation Plan Clause in Contracts

Management Incentive Compensation Plan. In addition to Annual Base Salary, during each year of the Employment Period, the Executive shall be designated as a participant in the Company's Management Incentive Compensation Plan (the "Bonus Plan") and, subject to meeting the criteria of the Bonus Plan, shall receive the bonus award provided for therein (the "Annual Award").

Appears in 4 contracts

Samples: Employment Agreement (Wellman Inc), Employment Agreement (Wellman Inc), Employment Agreement (Wellman Inc)

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Management Incentive Compensation Plan. In addition to Annual Base Salary, during each year of the Employment Period, the Executive shall be designated as a participant in the Company's Management Incentive Compensation Plan (the "Bonus Plan") and, subject to meeting the criteria of the Bonus Plan, shall receive the bonus award provided for therein (the "Annual Award").. (iii)

Appears in 1 contract

Samples: Employment Agreement (Wellman Inc)

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