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 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 percent (30%) (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 determin...ed 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 2 Contracts from Kinnate Biopharma Inc.
Annual Bonus. For the Company's 2020 2018 fiscal year, you will have the opportunity to earn a target annual cash bonus equal to forty percent (40%) 35% of your annual base salary earned during the fiscal year, year (subject to proration for the amount of time actually served with the Company during such 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 Board or Com...mittee. 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 Ra Medical Systems, Inc. contract
Annual Bonus. For During the Company's 2020 Employment Term, your target fiscal year, you will have the opportunity to earn a target year annual cash bonus equal to forty percent (40%) target will be 45% of your annual base salary earned during the fiscal year, year (the "Bonus Opportunity"), 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 determine...d otherwise by the Board or Committee, as applicable, any the payment of the achieved portion of such bonus Bonus Opportunity 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 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 Ventyx Biosciences, 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%) of your annual base salary earned during the fiscal year, $300,000 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 subje...ct 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%) 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 s...uch 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 fiscal year, you You will have the opportunity to earn a an annual target annual cash bonus equal to forty percent (40%) 30% 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. Unless determined otherwise by the Board or Committee, as applicable, any such bonus w...ill 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 fiscal year, you will have the opportunity to earn a Your target annual cash bonus equal to forty percent (40%) is 50% of your annual base salary salary, 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 payable upon achievement of those objectives as determined by the Committee. Unless determined otherwise by the Board or Committee, as applicable, any s...uch 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 will have the opportunity to earn a Your target annual cash bonus equal to forty percent (40%) is 35% of your annual base salary salary, 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 payable upon achievement of those objectives as determined by the Committee. Unless determined otherwise by the Board or Committee, as applicable, any s...uch 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 2 Contracts from Decarbonization Plus Acquisition Corp III
Annual Bonus. For As of the Company's 2020 fiscal year, Effective Date, you will have the opportunity to earn a target annual cash bonus equal to forty percent (40%) 25% 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 Board or 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 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 the Board or the Committee, as applicable, in its sole discretion. View More
Found in Alector, Inc. contract
Annual Bonus. For As of the Company's 2020 fiscal year, Effective Date, you will have the opportunity to earn a target annual cash bonus equal to forty percent (40%) 30% 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 Board or 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 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 the Board or the Committee, as applicable, in its sole discretion. View More
Found in 3 Contracts from Alector, Inc.