Annual Bonus Clause Example with 38 Variations from Business Contracts

This page contains Annual Bonus clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Annual Bonus. For the Company's 2020 fiscal year, you will have the opportunity to earn a target annual cash bonus equal to forty percent (40%) of your annual base salary earned during the fiscal year, based on achieving performance objectives established by the Board or Committee, as applicable, in its sole discretion and payable upon achievement of those objectives as determined by the Committee. Unless determined otherwise by the Board or Committee, as applicable, any such bonus will be subject to your con...tinued employment through and until the date of payment, and any such bonus amounts paid will be subject to any applicable withholdings. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. View More
Found in ALX ONCOLOGY HOLDINGS INC contract

Variations of a "Annual Bonus" Clause from Business Contracts

Annual Bonus. For the Company's 2020 2021 fiscal year, you will have the opportunity to earn a target annual cash bonus equal to forty percent (40%) of your annual base salary earned during the fiscal year, salary, based 18706 North Creek Parkway Suite 104 Bothell, Washington 98011 on achieving performance objectives established by the Board or the Committee, as applicable, in its sole discretion and payable upon achievement of those objectives as determined by the Committee. Unless determined otherwise by th...e Board or Committee, as applicable, any such bonus will be subject to your continued employment through and until the date of payment, and any such bonus amounts paid will be subject to any applicable withholdings. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. Your 2021 fiscal year annual bonus will be prorated for the portion of the fiscal year you were employed by the Company (beginning with your employment start date). View More
Found in Athira Pharma, Inc. contract
Annual Bonus. For the Company's 2020 fiscal year, you You will have the opportunity to earn be awarded a target discretionary annual cash bonus equal to forty targeted at thirty-five percent (40%) (35%) of your annual base salary earned during the fiscal year, based on achieving performance objectives established by the Company's Board of Directors ("Board") or Committee, its Compensation Committee (the "Committee"), as applicable, in its sole discretion and payable upon achievement of those objectives object...ives, and subject to such terms and conditions, as determined by the Board or the Committee. Any such bonus that the Company determines may be payable to you for 2022 will be prorated based on your Start Date. Unless determined otherwise by the Board or the Committee, as applicable, any such bonus will be subject to your continued employment through and until the date of payment, and any such bonus amounts paid will be subject to any applicable withholdings. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our the Board or the Committee, as applicable, in its sole discretion. In addition, the Company may, in its discretion, grant additional discretionary bonus amounts to you. View More
Found in RenovoRx, Inc. contract
Annual Bonus. For the Company's 2020 fiscal year, you will have the opportunity to earn a calendar year 2021. your target annual cash bonus equal to forty percent (40%) will be 30% of your salary, and for calendar year 2022 and subsequent years, your target annual cash bonus will be 10% of your annual base salary salary, and in each case which may be earned during the fiscal year, based on achieving performance objectives established by the Board or the Committee, as applicable, in its sole discretion and pay...able upon achievement of those objectives as determined by the Committee. Unless determined otherwise by the Board or Committee, as applicable, any such bonus will be subject to your continued employment through and until the date of payment, and any payment. Any such bonus amounts paid will be subject to any applicable withholdings. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. View More
Found in Decarbonization Plus Acquisition Corp III contract
Annual Bonus. For the Company's 2020 fiscal year, you You will have the opportunity to earn a an annual target annual cash bonus initially equal to forty percent (40%) 40% of your annual base salary earned during the fiscal year, salary, based on achieving performance objectives established by the Board or Committee, as applicable, in its sole discretion and payable upon achievement of those objectives as determined by the Committee. For the first year, you will be eligible to receive a pro-rated amount of an...y achieved portion of your bonus based on the number of days during the calendar year in which you are employed with the Company. Unless determined otherwise by the Board or Committee, as applicable, any such bonus will be subject to your continued employment through and until the date of payment, and any such bonus amounts paid will be subject to any applicable withholdings. payment. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. View More
Found in Allakos Inc. contract
Annual Bonus. For the Company's 2020 Your current target fiscal year, you will have the opportunity to earn a target year annual cash bonus equal target is 40%, but will be increased to forty percent (40%) 50% upon the Effective Date, of your annual base salary earned during the fiscal year, based on achieving performance objectives established by the Board or the Committee, as applicable, in its sole discretion and payable upon achievement of those objectives as determined by the Committee. Unless determined... otherwise by the Board or Committee, as applicable, (i) any such bonus will be subject to your continued employment through and until the date of payment, payment and (ii) any bonus for the fiscal year in which you commence employment with the Company will be prorated based on the period during such fiscal year that you are employed with the Company. Any such bonus amounts paid will be subject to any applicable withholdings. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. View More
Found in Edgewise Therapeutics, Inc. contract
Annual Bonus. For each fiscal year of the Company's 2020 fiscal year, Company, you will have the opportunity to earn a target annual cash bonus equal to thirty five percent (35%) (increasing to forty percent (40%) effective beginning for the Company's fiscal 2021 bonus period) of your annual base salary earned during the fiscal year, based on achieving performance objectives established by the Board or the Committee, as applicable, in its sole discretion and payable upon achievement of those objectives as det...ermined by the Committee. Unless determined otherwise by the Board or Committee, as applicable, (i) any such bonus will be subject to your continued employment through and until the date of payment, payment and (ii) any bonus for the fiscal year in which you commence employment with the Company will be prorated based on the period during such fiscal year that you are employed with the Company. Any such bonus amounts paid will be subject to any applicable withholdings. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. View More
Found in Kinnate Biopharma Inc. contract
Annual Bonus. For the Company's 2020 Your current target fiscal year, you will have the opportunity to earn a target year annual cash bonus equal target is 30%, but will be increased to forty percent (40%) 40% upon the Effective Date, of your annual base salary earned during the fiscal year, based on achieving performance objectives established by the Board or the Committee, as applicable, in its sole discretion and payable upon achievement of those objectives as determined by the Committee. Unless determined... otherwise by the Board or Committee, as applicable, (i) any such bonus will be subject to your continued employment through and until the date of payment, payment and (ii) any bonus for the fiscal year in which you commence employment with the Company will be prorated based on the period during such fiscal year that you are employed with the Company. Any such bonus amounts paid will be subject to any applicable withholdings. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. View More
Found in 4 Contracts from Edgewise Therapeutics, Inc.
Annual Bonus. For the Company's 2020 2022 fiscal year, you will have the opportunity to earn a target annual cash bonus equal to forty percent (40%) $337,500, subject to the completion of your annual base salary earned during the Company's initial public offering in the 2022 fiscal year, based on achieving performance objectives established by the Board or Committee, as applicable, in its sole discretion and payable upon achievement of those objectives as determined by the Committee. Unless determined otherwi...se by the Board or Committee, as applicable, any such bonus will be subject to your continued employment through and until the date of payment, and any such bonus amounts paid will be subject to any applicable withholdings. payment. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. View More
Found in Couchbase, Inc. contract
Annual Bonus. For the Company's 2020 2022 fiscal year, you will have the opportunity to earn a target annual cash bonus equal to forty percent (40%) $130,000, subject to the completion of your annual base salary earned during the Company's initial public offering in the 2022 fiscal year, based on achieving performance objectives established by the Board or Committee, as applicable, in its sole discretion and payable upon achievement of those objectives as determined by the Committee. Unless determined otherwi...se by the Board or Committee, as applicable, any such bonus will be subject to your continued employment through and until the date of payment, and any such bonus amounts paid will be subject to any applicable withholdings. payment. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. View More
Found in Couchbase, Inc. contract
Annual Bonus. For each fiscal year of the Company's 2020 fiscal year, Company, you will have the opportunity to earn a target annual cash bonus equal to forty percent (40%) (increasing to fifty percent (50%) effective beginning for the Company's fiscal 2021 bonus period) of your annual base salary earned during the fiscal year, based on achieving performance objectives established by the Board or the Committee, as applicable, in its sole discretion and payable upon achievement of those objectives as determine...d by the Committee. Unless determined otherwise by the Board or Committee, as applicable, (i) any such bonus will be subject to your continued employment through and until the date of payment, payment and (ii) any bonus for the fiscal year in which you commence employment with the Company will be prorated based on the period during such fiscal year that you are employed with the Company. Any such bonus amounts paid will be subject to any applicable withholdings. Your annual bonus opportunity and the applicable terms and conditions may be adjusted from time to time by our Board or the Committee, as applicable, in its sole discretion. View More
Found in Kinnate Biopharma Inc. contract