Other Incentives. Executive shall be eligible to receive an annual bonus and/or additional stock option grants based upon the Company’s achievement of budgetary and other objectives set by the Compensation Committee of the Board during or before the first quarter of each fiscal year and agreed upon by Executive and the Company in good faith.
Appears in 2 contracts
Sources: Employment Agreement (Miller Energy Resources, Inc.), Employment Agreement (Miller Energy Resources, Inc.)
Other Incentives. Executive shall be eligible to receive an annual bonus and/or additional stock or stock option grants based upon the Company’s and/or the Parent’s achievement of budgetary and other objectives set by the Compensation Committee of the Board of Directors of ▇▇▇▇▇▇ during or before the first quarter of each ▇▇▇▇▇▇’▇ fiscal year and mutually agreed upon by Executive and the Company in good faithParent.
Appears in 1 contract
Sources: Employment Agreement (Miller Energy Resources, Inc.)