Common use of Bonus and Incentive Compensation Clause in Contracts

Bonus and Incentive Compensation. Executive shall be eligible for discretionary bonus and incentive based compensation approved by the Board of Directors of the Company (or a committee thereof) (the “Board”) from time to time at its sole discretion as to eligibility and timing of payments.

Appears in 4 contracts

Samples: Employment Agreement (DiaMedica Therapeutics Inc.), Employment Agreement (DiaMedica Therapeutics Inc.), Employment Agreement (DiaMedica Therapeutics Inc.)

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Bonus and Incentive Compensation. Executive shall be eligible for discretionary bonus and incentive based compensation approved by the Board of Directors of the Company (or a committee thereof) (the “Board”) from time to time at its sole discretion as to eligibility and timing of payments.

Appears in 2 contracts

Samples: Employment Agreement (DiaMedica Therapeutics Inc.), Employment Agreement (DiaMedica Therapeutics Inc.)

Bonus and Incentive Compensation. Executive shall be eligible for discretionary bonus and incentive based compensation approved by the Board of Directors of the Company (or a committee thereof) (the “Board”) from time to time at its sole discretion as to eligibility and timing of payments. For purposes of the Company’s current annual bonus plan, Executive’s target incentive percentage shall be 40% of Executive’s Base Salary.

Appears in 1 contract

Samples: Employment Agreement (DiaMedica Therapeutics Inc.)

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Bonus and Incentive Compensation. The Executive shall be eligible for may receive a bonus, if any, on a discretionary bonus and incentive based compensation approved basis, as determined by the Board of Directors of or the Company (or a committee thereof) (the “Board”) from time to time at its sole discretion as to eligibility and timing of paymentsCompensation Committee.

Appears in 1 contract

Samples: Agreement (Carver Bancorp Inc)

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