Common use of Performance Based Compensation Clause in Contracts

Performance Based Compensation. During the Period of Employment, Executive shall also be entitled to participate in an annual performance-based cash bonus program as set forth in Exhibit A. Executive’s annual performance-based cash bonus opportunity shall be subject to annual review by the Board; provided, however, that the target level of such bonus, determined as a percentage of Base Salary, shall not be subject to reduction unless consented to in writing by Executive.

Appears in 6 contracts

Sources: Employment Agreement (CCC Intelligent Solutions Holdings Inc.), Employment Agreement (CCC Intelligent Solutions Holdings Inc.), Employment Agreement (CCC Intelligent Solutions Holdings Inc.)