Common use of Time of Bonus Payments Clause in Contracts

Time of Bonus Payments. Each bonus required to be paid to the Executive under this Section 3.2 shall be paid within 75 days after the fiscal period in which it shall have been earned; provided, however, that before payment, the Chief Financial Officer of the Company shall have certified in writing to the Compensation Committee that the conditions to such bonus in Section 3.2 have been satisfied.

Appears in 6 contracts

Samples: Employment Agreement (Vermont Pure Holdings LTD/De), Employment Agreement (Vermont Pure Holdings LTD/De), Employment Agreement (Vermont Pure Holdings LTD/De)

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