Common use of Incentive Bonuses Clause in Contracts

Incentive Bonuses. The Executive shall be eligible for an annual incentive bonus with a target amount equal to 50% of his Base Salary (the “Target Bonus”). The Executive’s bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. The Executive shall not be entitled to an incentive bonus if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable.

Appears in 4 contracts

Samples: Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc)

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Incentive Bonuses. The Executive shall be eligible for an annual incentive bonus with a target amount equal to 50% of his Base Salary (the “Target Bonus”)Salary. The Executive’s 's bonus (if any) shall be awarded based on criteria established in advance by the Company’s 's Board of Directors (the "Board") or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. The Executive shall not be entitled to an incentive bonus if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable.

Appears in 3 contracts

Samples: Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. The Executive shall be eligible for an annual incentive bonus with a target amount equal to 50% of his Base Salary (the “Target BonusBonus Amount”). The Executive’s bonus Bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. The Executive shall not be entitled to an incentive bonus if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable.

Appears in 2 contracts

Samples: Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. The Executive shall be eligible for an annual incentive bonus with a target amount equal to 5080% of his Base Salary (the “Target Bonus”). The Executive’s bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. The Executive shall not be entitled to an incentive bonus if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable.. Any bonus for a fiscal year shall be paid within 21/2 months after the close of that fiscal

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. The Executive shall be eligible for an annual incentive bonus with a target amount equal to 50100% of his Base Salary (the “Target Bonus”). The Executive’s bonus (if any) shall be awarded based on criteria established by the Company’s Board of Directors (the “Board”) or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. The Executive shall not be entitled to an incentive bonus if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable. Any bonus for a fiscal year shall be paid within 2½ months after the close of that fiscal year. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

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Incentive Bonuses. The Executive shall be eligible for an annual incentive bonus with a target amount equal to 50100% of his Base Salary (the "Target Bonus"). The Executive’s 's bonus (if any) shall be awarded based on criteria established by the Company’s 's Board of Directors (the “Board”) or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. The Executive shall not be entitled to an incentive bonus for a fiscal year if he is not employed by the Company on the last day of the fiscal year for which such bonus is payablepayable or is provided proper notice of termination under Section 5(b) prior to such time. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

Incentive Bonuses. The Executive shall be eligible to be considered for an annual incentive bonus with a target amount equal of up to 5075% of his Base Salary (the “Target Bonus”). The Executive’s bonus (if any) shall be awarded base salary based on objective or subjective criteria established by the Company’s 's Board of Directors (the "Board") or its the Compensation CommitteeCommittee of the Board. The determinations of the Board or its Compensation Committee with respect to such bonus bonus, if any, shall be final and binding. The Executive shall not be entitled to an incentive bonus if he is not employed by the Company on the last day of the fiscal year for which date when such bonus is payable.

Appears in 1 contract

Samples: Employment Agreement (Natural Gas Systems Inc/New)

Incentive Bonuses. The Executive shall be eligible for an annual incentive bonus with a target amount equal to 50100% of his Base Salary (the “Target Bonus”)Salary. The Executive’s bonus (if any) shall be awarded based on criteria established in advance by the Company’s Board of Directors (the “Board”) or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. The Executive shall not be entitled to an incentive bonus if he is not employed by the Company on the last day of the fiscal year for which such bonus is payable.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

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