Common use of Success Bonus Clause in Contracts

Success Bonus. The Company’s Board of Director’s may, from time to time, direct you to identify and proceed with a transaction to secure a sustainable future for the Company for example, a financial partner, buyer, merger or acquisition candidate. If so directed by the Board of Directors and you are successful in completing such a transaction, the Company will pay you a success fee to be negotiated based on the size of the transaction and other industry standards.

Success Bonus. The Company’s 's Board of Director’s 's may, from time to time, direct you to identify and proceed with a transaction to secure a sustainable future for the Company for example, a financial partner, buyer, merger or acquisition candidate. If so directed by the Board of Directors and you are successful in completing such a transaction, the Company will pay you a success fee to be negotiated based on the size of the transaction and other industry standards.