Common use of Annual Bonuses Clause in Contracts

Annual Bonuses. The Executive shall be eligible for an annual bonus (“Annual Bonus”) for each calendar year in the Employment Period, payable no later than March 31 of the following calendar year, based on his performance and the performance of the Company during such period as determined by the Committee.

Appears in 5 contracts

Samples: Employment Agreement (Columbia Equity Trust, Inc.), Employment Agreement (Columbia Equity Trust, Inc.), Employment Agreement (Columbia Equity Trust, Inc.)

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Annual Bonuses. The Executive shall be eligible for an annual bonus (“Annual Bonus”) for each calendar year in the Employment Periodyear, payable no later than March 31 of the following calendar year, based on his performance and the performance of the Company during such period as determined by the Compensation Committee. During the Employment Period, there shall be no maximum limit on the Annual Bonus awardable to the Executive. During the Initial Term, the Annual Bonus shall not be less than [XxXxxxxx, $150,000, Xxxxxxx, $75,000, Xxxxx, $85,000, Xxxxx, $100,000 and Xxxxxxxx, $80,000].

Appears in 3 contracts

Samples: Employment Agreement (Capital Lease Funding Inc), Employment Agreement (Capital Lease Funding Inc), Employment Agreement (Capital Lease Funding Inc)

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Annual Bonuses. The Executive shall be eligible for an annual bonus (“Annual Bonus”) for each calendar year in the Employment Periodyear, payable no later than March 31 of the following calendar year, based on his performance and the performance of the Company during such period as determined by the Compensation Committee. During the Employment Period, there shall be no maximum limit on the Annual Bonus awardable to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Capital Lease Funding Inc)

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