Annual Bonus Clause Example with 6 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. You will be eligible to receive an annual performance bonus. The Company will target the bonus at 50% of your annual salary for the applicable bonus year (the "Bonus Target"). The actual bonus amount and percentage are discretionary and will be subject to the Board's assessment of your performance, as well as business conditions at the Company. The bonus also will be subject to your employment for the full period covered by the bonus, approval by and adjustment at the discretion of the Board, an...d the terms of any applicable bonus plan issued by the Board. The Board will review your job performance on an annual basis and will discuss with you the criteria which the Board will use to assess your performance for bonus purposes. The Board may also make adjustments in the targeted amount of your annual performance bonus. Any bonus for the 2019 year will be prorated based on the Start Date. View More
Found in CHIASMA, INC contract

Variations of a "Annual Bonus" Clause from Business Contracts

Annual Bonus. You will be eligible to receive an annual performance bonus. The Company will target the bonus at 50% 35% of your annual salary for the applicable bonus year (the "Bonus Target"). The actual bonus amount and percentage are discretionary and will be subject to the Board's assessment of your performance, as well as business conditions at the Company. The bonus also will be subject to your employment for the full period covered by the bonus, approval by and adjustment at the discretion of the Board..., and the terms of any applicable bonus plan issued by the Board. The Board Chief Executive Officer will review your job performance on an annual basis and will discuss with you the criteria which the Board will use to assess your performance for bonus purposes. The Board may also make adjustments in the targeted amount of your annual performance bonus. Any bonus for the 2019 2021 year will be prorated based on the Start Date. The Company will pay any earned bonus at the time that bonuses are paid to other senior executives, which in any event will be paid in the calendar year following the year in which any such bonus is earned. 1 4. Business Travel/Expenses. The Company will reimburse you for travel and other business expenses consistent with the terms and conditions of the Company's expense reimbursement policies. View More
Found in CHIASMA, INC contract
Annual Bonus. You will be eligible to receive an annual performance bonus. The Company will target the bonus at 50% 40% of your annual salary for the applicable bonus year (the "Bonus Target"). The actual bonus amount and percentage are discretionary and will be subject to the Board's assessment of your performance, as well as business conditions at the Company. The bonus also will be subject to your employment for the full period covered by the bonus, approval by and adjustment at the discretion of the Board..., and the terms of any applicable bonus plan issued by the Board. The Board Chief Executive Officer will review your job performance on an annual basis and will discuss with you the criteria which the Board will use to assess your performance for bonus purposes. The Board may also make adjustments in the targeted amount of your annual performance bonus. Any bonus for the 2019 2020 year will be prorated based on the Start Date. The Company will pay any earned bonus at the time that bonuses are paid to other senior executives, which in any event will be paid in the calendar year following the year in which any such bonus is earned. 1 4. Business Travel/Expenses. The Company will reimburse you for travel and other business expenses consistent with the terms and conditions of the Company's expense reimbursement policies. View More
Found in CHIASMA, INC contract
Annual Bonus. You will be eligible to receive an annual performance bonus. The Company will target the bonus at 50% up to 30% of your annual salary for the applicable bonus year rate (the "Bonus Target"). Target'). The actual bonus amount and percentage are is discretionary and will be subject to the Board's Company's assessment of your performance, as well as business conditions at the Company. The bonus also will be subject to your employment for the full period covered by the bonus, approval by and adjustm...ent at the discretion of the Board, Board and the terms of any applicable bonus plan issued by the Board. plan. The Board will Company expects to review your job performance on an annual basis and will to discuss with you the criteria which the Board Company will use to assess your performance for bonus purposes. The Board may also make adjustments in the targeted amount of your annual performance bonus. Any The Company will pay any bonus for no later than 75 days after the 2019 year will be prorated based on end of the Start Date. period covered by the bonus. View More
Found in CHIASMA, INC contract
Annual Bonus. You will be eligible to receive an annual performance bonus. The Company will target the bonus at 50% up to 25% of your annual salary for the applicable bonus year rate (the "Bonus Target"). The actual bonus amount and percentage are is discretionary and will be subject to the Board's Company's assessment of your performance, as well as business conditions at the Company. The bonus also will be subject to your employment for the full period covered by the bonus, approval by and adjustment at the... discretion of the Board, Board and the terms of any applicable bonus plan issued by the Board. plan. The Board will Company expects to review your job performance on an annual basis and will to discuss with you the criteria which the Board Company will use to assess your performance for bonus purposes. The Board may also make adjustments in the targeted amount of your annual performance bonus. Any The Company will pay any bonus for no later than 75 days after the 2019 year will be prorated based on end of the Start Date. period covered by the bonus. View More
Found in CHIASMA, INC contract
Annual Bonus. You will be eligible to receive an annual performance bonus. The Company will target the bonus at 50% up to 20% of your annual salary for the applicable bonus year rate (the "Bonus Target"). The actual bonus amount and percentage are is discretionary and will be subject to the Board's an assessment of your performance, as well as business conditions at the Company. The bonus also will be subject to your employment for the full period covered by the bonus, approval by and adjustment at the discre...tion of the Board, Board and the terms of any applicable bonus plan issued by the Board. plan. The Board will Company expects to review your job performance on an annual basis and will discuss with you the criteria which the Board Company will use to assess your performance for bonus purposes. The Board may also make adjustments in the targeted amount of your annual performance bonus. Any The Company will pay any bonus for no later than 75 days after the 2019 year will be prorated based on end of the Start Date. period covered by the bonus. View More
Found in CHIASMA, INC contract
Annual Bonus. You will be eligible to receive an annual performance bonus. The Company will target the bonus at 50% up to 30% of your annual salary for the applicable bonus year rate (the "Bonus Target"). The actual bonus amount and percentage are discretionary and will be subject to the Board's Company's assessment of your performance, as well as business conditions at the Company. The bonus also will be subject to your employment for the full period covered by the bonus, approval by and adjustment at the di...scretion of the Board, Board and the terms of any applicable bonus plan issued by the Board. plan. The Board will Company expects to review your job performance on an annual basis and will to discuss with you the criteria which the Board Company will use to assess your performance for bonus purposes. The Board may also make adjustments in the targeted amount of your annual performance bonus. Any The Company will pay any bonus for no later than 75 days after the 2019 year will be prorated based on end of the Start Date. period covered by the bonus. View More
Found in CHIASMA, INC contract