Common use of Performance Bonus Clause in Contracts

Performance Bonus. Employer under direction of its Board may pay or cause to be paid to Executive such Bonus as it from time to time determines appropriate.

Appears in 20 contracts

Sources: Executive Employment Agreement (Biolife Solutions Inc), Executive Employment Agreement (Biolife Solutions Inc), Executive Employment Agreement (Biolife Solutions Inc)

Performance Bonus. Employer under direction of its Board may pay or cause to be paid to Executive such Bonus as it from time to time determines appropriate, up to an annual maximum of 40% of Executive’s Base Salary, to be payable in cash or stock in the Board’s sole discretion.

Appears in 2 contracts

Sources: Executive Employment Agreement (Biolife Solutions Inc), Executive Employment Agreement (Biolife Solutions Inc)

Performance Bonus. Starting with fiscal year 2024, Employer under direction of its Board may pay or cause to be paid to Executive such Bonus as it from time to time determines appropriate, with a target of 100% of Base Salary.

Appears in 1 contract

Sources: Executive Employment Agreement (Biolife Solutions Inc)

Performance Bonus. Employer under direction of its Board may pay or cause to be paid to Executive such Bonus as it from time to time determines appropriate, up to an annual maximum of 30% of Executive’s Base Salary, to be payable in cash or stock in the Board’s sole discretion.

Appears in 1 contract

Sources: Executive Employment Agreement (Biolife Solutions Inc)

Performance Bonus. Employer under direction of its Board may pay or cause to be paid to Executive such Bonus as it from time to time determines appropriate. 4.

Appears in 1 contract

Sources: Executive Employment Agreement (Biolife Solutions Inc)