Annual Bonus Clause Example from Business Contracts
This example Annual Bonus clause appears in
3 contracts
from
1 company
Annual Bonus. You are eligible to earn an annual cash bonus with a target value of 50% of your base salary, based on achieving the Company's achievement of corporate performance objectives established by the Company's Board of Directors or an authorized committee thereof (the "Committee") and payable upon achievement of the corporate objectives as determined by the Committee. If any portion of such bonus is earned, it will be paid when practicable after the Committee determines it has been earned, subject to ...you remaining employed with the Company through the payment date. Your annual bonus opportunity will be subject to review and adjustment based upon the Company's normal performance review practices.View More