Common use of Management Bonus Clause in Contracts

Management Bonus. With respect to each calendar year during the Term, Employee shall be entitled to receive a bonus pursuant to the terms of the then-current Xxxxxxx Network Executive Management Bonus Plan (“Management Bonus”) and such other incentive compensation as Employee may be eligible to receive under benefit plans maintained by the Company from time to time. The Management Bonus shall be paid in accordance with the timing of the Company’s payment of bonuses to its other senior executives for the corresponding period, and in accordance with the Company’s other policies and procedures relating to bonus compensation; provided, however, that such Management Bonus shall in all events be paid between January 1st and June 30th of the year after the year in which the Management Bonus was earned.

Management Bonus. With respect to each calendar year during the Term, Employee Executive shall be entitled to receive a bonus pursuant to the terms of the then-current Xxxxxxx Network Executive Management Bonus Plan (“Management Bonus”) and such other incentive compensation as Employee Executive may be eligible to receive under benefit plans maintained by the Company from time to time. The Management Bonus shall be paid in accordance with the timing of the Company’s payment of bonuses to its other senior executives for the corresponding period, and in accordance with the Company’s other policies and procedures relating to bonus compensation; provided, however, that such Management Bonus shall in all events be paid between January 1st and June 30th of the year after the year in which the Management Bonus was earned.