Common use of Annual Bonuses Clause in Contracts

Annual Bonuses. 4.2.1. For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 30% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 2 contracts

Samples: Employment Agreement (Collegium Pharmaceutical, Inc), Employment Agreement (Collegium Pharmaceutical, Inc)

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Annual Bonuses. 4.2.1. For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3035% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the CommitteeCEO, based on the achievement of corporate and /or individual performance objectives established by the CommitteeCEO. Any bonus payable under this paragraph will be paid during the calendar year immediately within 90 days following the end of the applicable fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.15.1.2, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Executive Employment Agreement (Destination Maternity Corp)

Annual Bonuses. 4.2.1. For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3050% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment datepayable.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3040% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. 4.2.1 For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3050% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. 4.2.1 For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that the annual bonus will be 3070% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or and/or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.15.1.1 and Section 5.3.1, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3035% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3050% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or and/or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.15.1.11, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. 4.2.1 For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3050% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or and/or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3025% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, ‎5.1.1. will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

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Annual Bonuses. 4.2.1. For each fiscal year ending during his her employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3040% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.15.1.2, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. 4.2.1 For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that the annual bonus will be 3050% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. 4.2.1 For each fiscal year ending during his her employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3050% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or and/or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

Annual Bonuses. 4.2.1. For each fiscal year ending during his employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3050% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the CommitteeBoard, based on the achievement of corporate and /or individual performance objectives established by the CommitteeBoard. Any bonus payable under this paragraph will be paid during the calendar year immediately within 90 days following the end of the applicable fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.15.1.2, will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Mothers Work Inc)

Annual Bonuses. 4.2.1. 4.2.1 For each fiscal year ending during his her employment, Executive will be eligible to earn an annual bonus. The target amount of that bonus will be 3050% percent of Executive’s Base Salary for the applicable fiscal year. The actual bonus payable with respect to a particular year will be determined by the Committee, based on the achievement of corporate and /or individual performance objectives established by the Committee. Any bonus payable under this paragraph will be paid during the calendar year immediately following the fiscal year in respect of which the bonus is payable and, except as otherwise provided in Section 5.1.1, 5.1.1 will only be paid if Executive remains continuously employed by the Company through the actual bonus payment date.

Appears in 1 contract

Samples: Employment Agreement (Collegium Pharmaceutical, Inc)

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