Common use of BONUS AND INCENTIVE Clause in Contracts

BONUS AND INCENTIVE. Bonus or incentive compensation shall be in accordance with the August Technology Annual Award Plan (Exhibit-A). Company reserves the right to alter, amend or eliminate any bonus or incentive plans in accordance with their terms.

Appears in 3 contracts

Sources: Executive Employment Agreement (August Technology Corp), Executive Employment Agreement (August Technology Corp), Executive Employment Agreement (August Technology Corp)

BONUS AND INCENTIVE. Bonus or incentive compensation shall be in accordance with the August Technology Annual Award Incentive Plan (ExhibitAppendix-AB). Company reserves the right to alter, amend or eliminate any bonus or incentive plans in accordance with their terms.

Appears in 1 contract

Sources: Executive Employment Agreement (August Technology Corp)

BONUS AND INCENTIVE. Bonus or incentive compensation shall be in accordance with the August Technology Annual Award Plan (Exhibit-AAppendix B). Company reserves the right to alter, amend or eliminate any bonus or incentive plans in accordance with their terms.

Appears in 1 contract

Sources: Executive Employment Agreement (August Technology Corp)