Annual Incentive Bonus. During the Term hereof, the Board may pay to Executive an annual incentive cash bonus in accordance with the terms of the Short Term Incentive Compensation Plan.
Appears in 14 contracts
Samples: Severance and Employment Agreement (South Financial Group Inc), Noncompetition, Severance and Employment Agreement (South Financial Group Inc), Severance and Employment Agreement (South Financial Group Inc)
Annual Incentive Bonus. During the Term hereof, the Board of Directors may pay to Executive an annual incentive cash bonus in accordance with the terms of the Short Term Incentive Compensation Plan.
Appears in 7 contracts
Samples: Noncompetition, Severance and Employment Agreement (Carolina First Corp), Noncompetition, Severance and Employment Agreement (Peoples Bancorporation Inc /Sc/), Noncompetition, Severance and Employment Agreement (Carolina First Corp)
Annual Incentive Bonus. During the Term hereof, the Board may pay to Executive an annual incentive cash bonus in accordance with determined by the terms of the Short Term Incentive Compensation PlanBoard.
Appears in 2 contracts
Samples: Severance and Employment Agreement (Nexity Financial Corp), Severance and Employment Agreement (Nexity Financial Corp)
Annual Incentive Bonus. During the Term hereof, the Board may pay to Executive an annual incentive cash bonus in accordance with the terms of the Short Term Incentive Compensation Plan, with a target bonus of 50% of his Annual Salary.
Appears in 2 contracts
Samples: Severance and Employment Agreement (South Financial Group Inc), South Financial Group Inc
Annual Incentive Bonus. During the Term hereof, the Board may pay to Executive an annual incentive cash bonus in accordance with the terms of the Short Term Incentive Compensation PlanPlan provided the average incentive compensation for other senior managers exceeds the Executive's annual bonus set forth in Section 6.2 and provided further that any annual incentive bonus paid pursuant to this Section 6.3 when combined with the annual bonus paid pursuant to Section 6.3 shall not exceed the average incentive compensation for other senior managers.
Appears in 2 contracts
Samples: Reorganization Agreement (Anchor Financial Corp), Stock Option Agreement (Carolina First Corp)
Annual Incentive Bonus. During the Term hereof, the Board of Directors may pay to Executive an annual incentive cash bonus in accordance with the terms of the Short Term Incentive Compensation Company's Executive Bonus Plan.
Appears in 2 contracts
Samples: Severance Agreement (Ryans Restaurant Group Inc), Severance Agreement (Ryans Family Steakhouses Inc)
Annual Incentive Bonus. During the Term hereof, the Board may may, in its sole discretion, pay to Executive an annual incentive cash bonus in accordance with the terms of the Short Term Incentive Compensation Planbonus.
Appears in 1 contract
