Common use of Minimum Cash Compensation Clause in Contracts

Minimum Cash Compensation. During the Term of this Agreement, the total amount payable to the Executive by the Parent and the Company as base salary, “profit sharing” bonus and “incentive compensation” bonus, on an annualized basis, shall not be less than the amounts prescribed below:

Appears in 15 contracts

Samples: Executive Severance Agreement (American National Bankshares Inc.), Executive Severance Agreement (American National Bankshares Inc), Agreement and Plan of Reorganization (Midcarolina Financial Corp)

AutoNDA by SimpleDocs

Minimum Cash Compensation. During the Term of this Agreement, the total ------------------------- amount payable to the Executive by the Parent and the Company as base salary, "profit sharing" bonus and "incentive compensation" bonus, on an annualized basis, shall not be less than the amounts prescribed below:

Appears in 1 contract

Samples: Executive Severance Agreement (American National Bankshares Inc)

AutoNDA by SimpleDocs

Minimum Cash Compensation. During the Term of this Agreement, the total -------------------------- amount payable to the Executive by the Parent and the Company as base salary, "profit sharing" bonus and "incentive compensation" bonus, on an annualized basis, shall not be less than the amounts prescribed below:

Appears in 1 contract

Samples: Executive Severance Agreement (American National Bankshares Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.