Example ContractsClausesannual discretionary bonus programIdentical
Annual Discretionary Bonus Program
Annual Discretionary Bonus Program contract clause examples

All salaried employees will receive a bonus if the net income per share objectives set forth below are met, and if the minimum return on average stockholders equity for the year is earned. Net income shall be computed net of any bonuses awarded and net of any extraordinary, non recurring income items not related to the fiscal year’s operations. The annual audited financial statements, on a consolidated basis, of Sanderson Farms, Inc., will be the measuring tool for this portion of the Bonus Award Program. The annual bonus award will be paid to participants after the outside auditors have completed their annual audit of the consolidated corporation.

SANDERSON FARMS INC (CIK 0000812128)
Source: SEC EDGAR database • Date: January 25, 2016 • SIC: 2015 • CIK: 2015
SANDERSON FARMS INC (CIK 0000812128)
Source: SEC EDGAR database • Date: January 26, 2015 • SIC: 2015 • CIK: 2015

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