Common use of Share Compensation Clause in Contracts

Share Compensation. The Employee Incentive Plan, (EIP) will define bonuses to be paid for the achievement of specific goals and objectives approved by the Board of Directors. Bonus compensation may be in cash, common stock, stock options, stock grants and other elements of participation at the discretion of the Board of Directors. The Board has approved the following:

Appears in 3 contracts

Samples: Employment Agreement (Opticon Systems), Employment Agreement (Opticon Systems), Employment Agreement (Opticon Systems)

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Share Compensation. The Employee Incentive Plan, (EIP) will define bonuses to be paid for the achievement of specific goals and objectives approved by the Board of Directors. Bonus compensation may be in cash, common stock, stock options, stock grants and other elements of participation at the discretion of the Board of Directors. The Board has approved the following:.

Appears in 2 contracts

Samples: Amended Employment Agreement (Opticon Systems), Amended Employment Agreement (Opticon Systems)

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