Examples of Compensation Committee in a sentence
However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in the sole and absolute discretion of the Compensation Committee of the Board (the “Compensation Committee”).
During the Employment Term, the Executive may be expected to maintain ownership of Company common stock in accordance with guidelines established by the Compensation Committee from time to time.
During the Employment Term, the Executive shall be eligible to participate in any employee stock ownership plan, executive shares scheme or successor plan, subject to the terms of such plan, as determined by the Board or the Compensation Committee, in its discretion.
The Compensation Committee met four times during fiscal year 1998.
On February 19, 2008, the Compensation Committee authorized a 2007 bonus payment of $800,000 based on achieving the 2007 EPS performance goal of $2.00.