Examples of Company Bonus Plan in a sentence
The purpose of The Eli Lilly and Company Bonus Plan is to encourage and promote eligible employees to create and deliver innovative pharmaceutical-based health care solutions that enable people to live longer, healthier and more active lives, to outgrow our competitors through a constant stream of pharmaceutical innovation, and to materially increase shareholder value.
Executive will be paid his Bonus Potential Earned pursuant to the terms of the Company Bonus Plan.
The Executive acknowledges receipt, on the Resignation Date, of an amount equal to all accrued wages through the Resignation Date, including accrued, unused vacation and/or paid time off, less applicable taxes and other authorized withholding (apart from the Executive’s bonus for the current fiscal year, which will be paid in accordance with the regular terms of the Company Bonus Plan).
In addition to his Base Salary, Executive shall be eligible to participate in any Company Bonus Plan, adopted from time to time by the Board of Directors.
Any annual bonus payable to the Executive pursuant to the Company Bonus Plan (“Annual Bonus”) shall be based upon the satisfaction of performance criteria and objectives set forth in the Company Bonus Plan.