Other and Additional Compensation. Sections 3(a), 3(b) and 3(c) establish minimum salary, bonus and option grant levels for Executive during the Term, and shall not preclude the Board from awarding Executive a higher salary or more stock options at any time, nor shall they preclude the Board from awarding Executive additional bonuses or other compensation in the discretion of the Board.
Appears in 3 contracts
Sources: Employment Agreement (Nanophase Technologies Corporation), Employment Agreement (Nanophase Technologies Corporation), Employment Agreement (Nanophase Technologies Corporation)
Other and Additional Compensation. Sections 3(a4(a), 3(b4(b) and 3(c4(c) establish minimum salary, bonus and option grant levels for Executive during the Term, and shall not preclude the Board from awarding Executive a higher salary or more stock options at any time, nor shall they preclude the Board from awarding Executive additional bonuses or other compensation in the discretion of the Board.
Appears in 2 contracts
Sources: Employment Agreement (Nanophase Technologies Corporation), Employment Agreement (Nanophase Technologies Corporation)