Salary, Bonuses and Benefits. As compensation and consideration for the performance by Executive of his obligations under this Agreement, Executive shall be entitled to the following (subject, in each case, to the provisions of ARTICLE V hereof):
Salary, Bonuses and Benefits. As compensation and consideration for the performance by the Executive of his obligations to the Company under this Agreement, the Executive shall be entitled to the compensation and benefits described in the attached Exhibit A (subject, in each case, to the provisions of ARTICLE 5 hereof).
Salary, Bonuses and Benefits. During the Term, Executive shall be entitled to the following:
Salary, Bonuses and Benefits. As compensation and consideration for the performance by Employee of his obligations to the Company under this Agreement, Employee shall be entitled to the compensation and benefits described in EXHIBIT A attached hereto and made a part hereof (subject, in each case, to the provisions of Section 5 hereof).
Salary, Bonuses and Benefits. As compensation and consideration for the services to be rendered hereunder during the Term by Executive, the Company shall pay, and Executive shall accept, the following (subject, in each case, to the provisions of Article V hereof):
Salary, Bonuses and Benefits. During the Employment Period, Employer will pay Executive a base salary at the same rate as in effect on the date hereof in accordance with the terms set forth in the Original Senior Management Agreement (the applicable base salary, as may be adjusted pursuant hereto, the “Annual Base Salary”). For fiscal year 2016, Executive shall be eligible for an annual bonus in an amount up to $139,050.00 (subject to Executive’s continued employment through the last day of 2016). For each fiscal year beginning in 2017 and ending during the Employment Period in which Executive remains employed through the last day of such fiscal year, Executive shall be eligible for an annual bonus in an amount up to 40% of Executive’s Annual Base Salary (the “Target Bonus”). Each annual bonus shall be determined by Employer based upon the performance of Executive and the achievement by Employer and its Subsidiaries of financial, operating and other objectives set by Employer. Each annual bonus shall be paid in the fiscal year following the fiscal year to which the bonus relates. In addition, during the Employment Period, Executive will be entitled to such other benefits as are approved by Employer and made generally available to all senior management of Employer.
Salary, Bonuses and Benefits. During the Employment Period, Employer will pay Executive a base salary at a rate of $335,000 USD per annum (such base salary, as may be adjusted pursuant hereto, provided that such base salary shall not be adjusted downward in nominal terms, the “Annual Base Salary”). With respect to Executive's Annual Base Salary, Executive shall be eligible for any annual salary increases generally provided by the Employer, at the Employer's sole discretion. After the commencement of the Employment Period, Employer shall pay Executive a one-time signing bonus of $75,000 USD (to be provided in accordance with Employer's ordinary course payroll practices). For each fiscal year beginning in 2018 and ending during the Employment Period in which Executive remains employed through the last day of such fiscal year, Executive shall be eligible for an annual bonus in an amount up to 60% of Executive's Annual Base Salary (the “Target Bonus”). Each annual bonus shall be determined by Employer based upon the performance of Executive and the achievement by Employer and its Subsidiaries of financial, operating and other objectives set by Employer. Each annual bonus shall be paid in the fiscal year following the fiscal year to which the bonus relates and the Executive must be employed on the bonus payment date in order to be entitled to receive any bonus. In addition, during the Employment Period, Executive will be entitled to such other benefits as are approved by Employer and made generally available to all senior management of Employer. Within ten (10) days of commencement of the Employment Period, Parent will grant to Executive 90,000 Non-Qualified Stock Options pursuant to the Cision Ltd. 2017 Omnibus Incentive Plan, as in effect and as amended from time to time (the “Plan”). The Committee will establish the exercise price for each grant of Non-Qualified Stock Options, provided that the exercise price for each grant of Non-Qualified Stock Options will be no less than the then-current Fair Market Value of the Parent shares (as such terms are defined in the Plan). If Executive is still employed with the Employer as of August 1, 2019, Parent will grant to Executive an additional amount of Restricted Stock Units equivalent to a then-present value of $800,000 pursuant to the Plan. After 2019, if Executive is still employed with the Employer and at the Parent's sole discretion, Executive shall be eligible for additional performance-based grants of Non-Qualified Stock Options or Restric...
Salary, Bonuses and Benefits. During the Employment Period, Executive shall be paid a base salary at a rate of €157,500 EUR per annum (such base salary, as may be adjusted pursuant hereto, the “Annual Base Salary”). For each fiscal year beginning in 2018 and ending during the Employment Period in which Executive remains employed through the last day of such fiscal year, Executive shall be eligible for an annual bonus in an amount up to €157,500 EUR. Each annual bonus shall be determined by Employer based upon the performance of Executive and the achievement by Employer and its Subsidiaries of financial, operating and other objectives set by Employer. Each annual bonus shall be paid in the fiscal year following the fiscal year to which the bonus relates. Notwithstanding the foregoing, the minimum bonus for the fiscal year beginning in 2018 shall be in an amount equal to at least 50% of the amount of the Annual Base Salary for such fiscal year. In addition, during the Employment Period, Executive will be entitled to such other benefits as are made generally available by the Employer to its employees, including the Employer’s 401(k) plan, as well as such other benefits as are approved by Employer and made generally available to other employees of the Employer who are in similar roles to that of the Employee, including the Employer’s 2017 Omnibus Incentive Plan, and subject in each case to the terms and conditions and eligibility criteria (including approval by appropriate committees) governing such benefits.
Salary, Bonuses and Benefits. 3.1 The base salary paid to each Sourced Employee as of the Effective Date shall be the same base salary as in effect immediately prior to the Effective Date for such Sourced Employee and shall thereafter include any increases on and after the Effective Date. During the Lease Period, Merck shall pay such base salaries and applicable overtime compensation earned by the Sourced Employees through the Expiration Date in accordance with its normal payroll practices. Medco will reimburse Merck for the payment of such base salaries and overtime compensation in accordance with Section 3.4 below.
Salary, Bonuses and Benefits. During the Employment Period, Employer will pay Executive a base salary at the same rate as in effect on the date hereof in accordance with the terms set forth in the Original Senior Management Agreement (the applicable base salary, as may be adjusted pursuant hereto, the “Annual Base Salary”). For fiscal year 2016, Executive shall be eligible for an annual bonus in an amount up to $165,006.00 (subject in its entirety without pro-ration to Executive’s continued employment through the last day of 2016, and if such bonus becomes payable, such bonus will be paid on or before April 30, 2017). For each fiscal year beginning in 2017 and ending during the Employment Period in which Executive remains employed through the last day of such fiscal year, Executive shall be eligible for an annual bonus in an amount up to 50% of Executive’s Annual Base Salary (the “Target Bonus”), and if any Target Bonus becomes payable, such Target Bonus will be paid on or before April 30 of the year following the year for which such Target Bonus is earned. Each annual bonus shall be determined by Employer based upon the performance of Executive and the achievement by Employer and its Subsidiaries of financial, operating and other objectives set by Employer. Each annual bonus shall be paid in the fiscal year following the fiscal year to which the bonus relates. In addition, during the Employment Period, Executive will be entitled to such other benefits as are approved by Employer and made generally available to all senior management of Employer.
