Common use of Variable Payments Clause in Contracts

Variable Payments. ● You may be eligible to participate in a discretionary company bonus. The terms and conditions of the bonus plan, may be confirmed after commencing employment and may be amended by the Company each year. Any bonus payment made to you will be subject to applicable tax deductions. All bonus payments are determined at the sole discretion of the Company and the Company offers no guarantee about your ability to earn a bonus in any year. ● The Company will reimburse You for all reasonable and necessary Business expenses properly incurred by You in performing Your duties under this Agreement and in accordance with the Company's applicable policies and procedures in effect at the time, upon presentation by You of documentation, expense statements, vouchers, and such other supporting information as the Company may request, or as may be consistent with standard Company policies and practices for reimbursement of expenses. You shall undertake such travel as may reasonably be required in connection with the performance of Your duties hereunder.