Examples of executive bonus plan clauses in contracts
Examples of executive bonus plan clauses in contracts - Afterpattern
Executive bonus plan clause samples. There are five proposals expected to be submitted for shareholder approval at the Annual Meeting, two of which are ...
Executive Bonus Plan Sample Clauses | Law Insider
Executive Bonus Plan. Employee shall be eligible to receive from Employer such management incentive bonuses as may be provided in management incentive bonus ...
Executive Bonus Sample Clauses - Law Insider
Executive Bonus. Xxxxx shall be eligible for an annual performance bonus (the “Executive Bonus”). The Executive Bonus is a discretionary bonus that can be ...
Executive Bonus Plan: Key Contract Clauses to Consider | fynk
An executive bonus plan clause outlines the terms and conditions under which company executives are eligible to receive additional compensation beyond their ...
Example clauses for Performance Bonus - AllDrafts
Performance Bonus compensation may be lower than sixty-five percent (65%) of Base Salary if the performance targets are not met. The terms of the Executive ...
Examples of performance bonus clauses in contracts - Afterpattern
Performance bonus clause samples ... (a)Quarterly Performance Bonus. Subject to the provisions of this Plan, each Participant shall be eligible to earn a ...
162 Executive Bonus Plan | bolicoli.com
An executive bonus plan (Section 162) is a way for business owners or companies to provide additional supplemental benefits to key employees or executives of ...
Executive Bonus Plan Document - Key Man Insurance
The sample executive bonus plan agreement below is for information purposes ... any manner so that certain provisions of the Plan or any Bonus intended (or ...
EXECUTIVE BONUS AGREEMENT - SEC.gov
(a) Purpose. The Company hereby establishes this Agreement for the sole purpose of replacing any benefits to which the Employee may otherwise be entitled ...
Example clauses for Bonus Plan - AllDrafts
Bonus. Executive shall be eligible to receive an annual (fiscal year) performance bonus of up to fifty percent (50%) of Base Salary, subject to ...
2019 Executive Bonus Plan. - Document
No bonuses will be earned for any contracts not approved by, or otherwise rejected by, the Company for any reason. Plan Administration. This Plan is authorized ...
Compensation Contract Clause Examples | Business Contracts | Justia
As compensation for your services to the Company, you will receive $10,000 in cash per year for serving on the Board starting from the date of this Agreement, ...
Annual Incentive Compensation Contract Clause Examples
Annual Incentive Compensation. Executive shall participate in incentive compensation programs which will enable Executive to earn bonus compensation in ...
Executive Bonus Plans for Key Executives - AgencyONE
This is a plan put in place by an employer that is essentially a “raise in pay” that usually involves the purchase of a life insurance contract on the life of ...
Management Bonus: Essential Contract Clauses Explained - fynk
The Company's executive officers were eligible to participate in the Management Bonus Plan, which provided for the opportunity to earn quarterly and annual ...
What is a Section 162 executive bonus plan and how does it work
Executive bonus plans (Section 162 plans) use life insurance benefits to entice and keep key employees at your company.
How an executive bonus plan is a win-win for employers & key ...
Under the terms of a written legal agreement, the employer covers the cost of the life insurance policy by either paying the premiums directly or through a ...
6.3 Cash bonus plans and cash bonuses - PwC Viewpoint
The agreement includes a cash bonus payable upon the start of employment in January 20X2. There are no vesting or clawback provisions associated ...
Section 162 Executive Bonus Plans - Mullin Barens Sanford Financial
A 162 Executive Bonus plan allows a business to provide life and/or disability income insurance to key executives using tax deductible dollars.
Executive Compensation Agreements | Katz Law Group, P.C.
Severance or separation agreements, including information regarding deferred compensation or exit packages in the executive severance agreement · Retirement ...