Common use of Performance Bonuses Clause in Contracts

Performance Bonuses. Employee shall be eligible for yearly bonuses equal to 50% of his annual salary for achieving reasonable goals related to profitability established in the first 30 days of the fiscal year by the Board of Directors and/or the Compensation Committee.

Appears in 3 contracts

Samples: Employment Agreement (Nevada Gold & Casinos Inc), Employment Agreement (Nevada Gold & Casinos Inc), Employment Agreement (Nevada Gold & Casinos Inc)

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Performance Bonuses. Employee shall be eligible for yearly bonuses equal up to 50% of his annual salary for achieving reasonable goals related to profitability and/or strategic goals established in the first 30 days day of the fiscal year by the Board of Directors and/or the Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Nevada Gold & Casinos Inc)

Performance Bonuses. Employee shall be eligible for yearly bonuses equal to 50% of his annual salary for achieving reasonable goals related to profitability and or strategic goals established in the first 30 days of the fiscal year by the Board of Directors and/or the Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Nevada Gold & Casinos Inc)

Performance Bonuses. Employee shall be eligible for yearly bonuses equal to 50% of his annual salary for achieving reasonable goals related to profitability established in the first 30 days of the fiscal year by the Board of Directors and/or the Compensation Committee. During the current fiscal year ending April 30, 2013, Employee shall be eligible for a maximum bonus of up to $50,000 payable at the discretion of the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Nevada Gold & Casinos Inc)

Performance Bonuses. Employee shall be eligible for yearly bonuses equal up to 50% of his annual salary for achieving reasonable goals related to profitability and or strategic goals established in the first 30 days of the fiscal year by the Board of Directors and/or the Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Nevada Gold & Casinos Inc)

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Performance Bonuses. Employee shall be eligible for yearly bonuses equal up to 50% of his annual salary for achieving reasonable goals related to profitability established in the first 30 days of the fiscal year by the Board of Directors and/or the Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Nevada Gold & Casinos Inc)

Performance Bonuses. Employee shall be eligible for yearly bonuses equal up to 50% of his annual salary for achieving reasonable goals related to profitability and/or strategic goals established in the first 30 days of the fiscal year by the Board of Directors and/or the Compensation Committee.

Appears in 1 contract

Samples: Employment Agreement (Nevada Gold & Casinos Inc)

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