Common use of Sales Incentive Program Clause in Contracts

Sales Incentive Program. For every new incremental $1million in sales annually Executive will be awarded 5,000 shares of Soupman Inc. stock. The maximum amount of shares to earn is 500,000 shares based on a cap of $100 million in sales for this bonus.

Appears in 1 contract

Sources: Employment Agreement (Soupman, Inc.)

Sales Incentive Program. For every new incremental $1million in sales annually Executive will be awarded 5,000 shares of Soupman Soupman, Inc. stock. The maximum amount of shares to earn is 500,000 shares based on a cap of $100 million in sales for this bonus.

Appears in 1 contract

Sources: Employment Agreement (Soupman, Inc.)