Common use of Performance Based Bonus Clause in Contracts

Performance Based Bonus. As additional compensation, Executive shall be entitled to receive an annual bonus (the "Bonus") as is determined by the Board of Directors for each fiscal year based on the Executive's performance.

Appears in 3 contracts

Samples: Executive Employment Agreement (McGlen Internet Group Inc), Employment Agreement (McGlen Internet Group Inc), Executive Employment Agreement (McGlen Internet Group Inc)

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Performance Based Bonus. As additional compensation, the Executive shall be entitled to receive an annual a bonus (“Bonus”) based on the "Bonus") as is determined by performance of the Board of Directors assigned territory for each fiscal year based on during the Term of the Executive's performance’s employment by the Company. All bonuses are subject to board approval.

Appears in 1 contract

Samples: Executive Employment Agreement (Segmentz Inc)

Performance Based Bonus. As additional compensation, Executive shall may be entitled to receive an annual bonus of up to 10% of the Salary (the "Bonus") if mutually agreed upon goals are achieved and as is determined reasonably agreed to by the Board of Directors for each fiscal year based on the Executive's performanceyear.

Appears in 1 contract

Samples: Executive Employment Agreement (McGlen Internet Group Inc)

Performance Based Bonus. As additional compensation, the Executive shall be entitled to receive an annual a bonus (“Bonus”) for each year during the "Bonus") as is Term of the Executive’s employment in an amount determined by the Company’s Board of Directors for each fiscal year based on the Executive's performanceDirectors.

Appears in 1 contract

Samples: Executive Employment Agreement (Dolphin Digital Media Inc)

Performance Based Bonus. As additional compensation, the Executive shall be entitled to receive an annual a bonus (the "Bonus") as is determined by the Board of Directors for each fiscal year based on during the Term of the Executive's performance’s Employment by the Company in an amount determined by the compensation committee and/or the Board and paid in stock, stock options or cash, or any combination thereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Energys Group LTD)

Performance Based Bonus. As additional compensation, the Executive shall be entitled to receive an annual a bonus (the "Bonus") as is determined by the Board of Directors for each fiscal year based on during the Term of the Executive's performance’s employment by the Company in an amount determined by the compensation committee and/or the Board and paid in stock, stock options or cash, or any combination thereof.

Appears in 1 contract

Samples: Executive Employment Agreement (Zhong Yuan Bio-Technology Holdings LTD)

Performance Based Bonus. As additional compensation, the Executive shall be entitled to receive an annual a bonus (“Bonus”) for each year during the "Bonus") as is determined Term of the Executive’s employment by the Company based upon the Parent’s executive bonus plan as adopted and amended from time-to-time by the Parent’s Board of Directors for each fiscal year Directors. The amount of any Bonus shall be determined based on upon performance targets set annually by the Executive's performanceParent’s Compensation Committee.

Appears in 1 contract

Samples: Executive Employment Agreement (Express-1 Expedited Solutions Inc)

Performance Based Bonus. As additional compensation, Executive shall be entitled to receive an annual bonus (the "Bonus") as is may be determined by the Board of Directors from time to time for each fiscal year based on the Executive's performance.

Appears in 1 contract

Samples: Employment Agreement (McGlen Internet Group Inc)

Performance Based Bonus. As additional compensation, the Executive shall be entitled to receive an annual a bonus (the "Bonus") as is determined by the Board of Directors for each fiscal year based on during the Term of the Executive's performance’s employment by the Company in an amount determined by the compensation committee and paid in either stock, stock options and or cash.

Appears in 1 contract

Samples: Executive Employment Agreement (Segmentz Inc)

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Performance Based Bonus. As additional compensation, the Executive shall may be entitled to receive an annual a performance-based bonus (the "Bonus") as is ), payable annually, in an amount, if any, determined by the Board of Directors for each fiscal year based on the Executive's performancein its sole discretion.

Appears in 1 contract

Samples: Employment Agreement (Legal Club of America Corp)

Performance Based Bonus. As additional compensation, the Executive shall be entitled to receive an annual a bonus (the "Bonus") as is determined by the Board of Directors for each fiscal year based on during the Term of the Executive's performance’s employment by the Company in an amount determined by the compensation committee and paid in either stock or cash.

Appears in 1 contract

Samples: Executive Employment Agreement (Segmentz Inc)

Performance Based Bonus. As additional compensation, Executive shall be entitled to may receive an annual bonus (the "Bonus") as is may be determined by the Board of Directors from time to time for each fiscal year based on the Executive's performance.

Appears in 1 contract

Samples: Employment Agreement (McGlen Internet Group Inc)

Performance Based Bonus. As additional compensation, the Executive shall be entitled to receive an annual a bonus (“Bonus”) for each year during the "Bonus") Term of the Executive’s employment by the Company, and based upon the Company’s executive bonus plan as is adopted and amended from time-to-time by the Company’s Board of Directors. The amount any Bonus shall be determined based upon performance targets set annually by the compensation committee of the Board of Directors for each fiscal year based on the Executive's performanceDirectors.

Appears in 1 contract

Samples: Executive Employment Agreement (Express-1 Expedited Solutions Inc)

Performance Based Bonus. As additional compensation, the Executive shall be entitled to receive an annual a bonus (“Bonus”) for each fiscal year during the "Bonus") as is Term of the Executive’s employment by the Company in an amount determined by the Board of Directors for each fiscal year based on the Executive's performanceand paid in either stock, stock options and or cash.

Appears in 1 contract

Samples: Executive Employment Agreement (MJ Holdings, Inc.)

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