Bonus, General | Employment Contract Provision

Provision: Bonus, General

Return to: Employment Contract Provision Index

Sample Provision

The Executive shall be eligible for annual bonus awards during the term of employment in accordance with the company's incentive compensation plan or any comparable or successor plan that may be adopted by the company. Any annual bonuses to the Executive shall be paid to the Executive at the same time bonuses are paid to other senior officers of the company unless the executive has elected to do for receipt of all or part of the annual bonus award to which he is entitled in respect of such year in accordance with the terms of any deferred compensation program of the company then in effect. All such award shall take into account the Executive's positions, duties and responsibilities at the company and its subsidiaries.

Sample Provision

Executive is eligible to commence participation in the company's incentive plan or any successor plans.

Employment Contract Provision Index

• Littler Mendelson, P.C. | Employees Must Be Given Clear, Actual Notice of FMLA Policies (February 01, 2012)

• Ogletree Deakins | Can A Paid Break Become Unpaid? (February 02, 2012)

• Fisher & Phillips, LLP | Interviewing The Pawn Stars Way (February 02, 2012)

• Fisher & Phillips, LLP | It's 2012 And The NLRB Is Off To A Fast – And Controversial – Start (February 02, 2012)

• Fisher & Phillips, LLP | Obamacare By The Numbers (February 03, 2012)

• Jackson Lewis LLP | Warning: ICE Build-Up a Worry for Employers Navigating I-9 Compliance (February 03, 2012)

• Fisher & Phillips, LLP | New Clarifications and Guidance on W-2 Reporting (February 03, 2012)

• Gonzalez Saggio & Harlan | EEOC Outlines New Four-Year Strategic Plan (February 03, 2012)

• Young Conaway Stargatt & Taylor, LLP | 3d Cir. Finds Individual Supervisor Liable Under FMLA (February 01, 2012)

• Ford & Harrison LLP | DOL Proposes Revising FMLA Regulations (February 01, 2012)

• Ogletree Deakins | Indiana | Indiana Enacts Right-to-Work Law: Becomes the Only Right-to-Work State in the Central Midwest (February 02, 2012)

• Littler Mendelson, P.C. | New Mexico | Santa Fe Local Ordinance Sets Country's Highest Minimum Wage Requirement (February 02, 2012)

• Littler Mendelson, P.C. | California | A Moving Target: The California DLSE Modifies Again Its FAQs on California's New Wage Notice Required for Hourly Employees (February 01, 2012)

• Jackson Lewis LLP | Indiana | Indiana Adopts Right-to-Work Law (February 03, 2012)

• Littler Mendelson, P.C. | California | Is Rounding of Employee Time Entries Legal in California?--California Supreme Court Orders Appellate Court to Decide (January 31, 2012)

• Littler Mendelson, P.C. | California | California Court of Appeal Finds Employees Are Exempt Under California's Commissioned Sales Exemption (January 31, 2012)

• Ford & Harrison LLP | New York | New York's Wage Theft Prevention Act Requires Notice to Employees (January 30, 2012)

• Ford & Harrison LLP | California | Class-Action Antitrust Complaint Alleging an Unlawful Employer "No-Poaching" Conspiracy Appears to Have Survived a Motion to Dismiss (January 30, 2012)

• Young Conaway Stargatt & Taylor, LLP | Delaware | Delaware Court of Chancery Issues Guidelines for Attorneys (January 31, 2012)

• Littler Mendelson, P.C. | Pennsylvania | Pennsylvania Court Holds That Trustees May File Mechanics’ Lien to Obtain Delinquent Contributions to Health and Pension Funds (January 30, 2012)

• Third Circuit | Haybarger v. Lawrence County Adult Probation & Parole, No. 10-3916 (3d Cir. Jan. 31, 2012)

• Eleventh Circuit | Mulhall v. UNITE HERE Local 355, 2012 U.S. App. LEXIS 944 (11th Cir. Jan. 18, 2012)

• California | Muldrow v. Surrex Solutions Corporation

• California | Candy Shops, Inc. v. Superior Court of San Diego

• Pennsylvania | Bricklayers of Western Pennsylvania Combined Funds, Inc. v. Scott’s Development Company (Pa Sup. 2012)

• Sixth Circuit | Donald v. Sybra, Inc., No. 10-2153, 2012 WL 117612 (6th Cir. Jan. 17, 2012)

• California | Joaquin v. City of Los Angeles, No. B226685, California Court of Appeal (January 23, 2012)

• Supreme Court | United States v. Jones (US 2012)

• Seventh Circuit | Powers v. USF Holland, Inc., 7th Cir., No. 10-2363, December 15, 2011.

• Supreme Court | CompuCredit Corp. v. Greenwood, No. 10-948 (Jan. 10, 2012)

Employment Law Community
Join and Ask Our Gurus

Post your question in our HR and Employment Law Forum. Get answers from other professionals.

Recent Posts