Common use of Achievement Bonus Clause in Contracts

Achievement Bonus. Executive shall be eligible for an Achievement Bonus each fiscal year of up to 40% of his Base Salary tied to the Company’s achievement of the corporate goals established for that year by the Board of Directors and the achievement of such other goals set for the Company or Executive for such year by the Compensation Committee. The Board of Directors or Compensation Committee, as applicable, shall, in its respective sole discretion, determine whether such corporate or other goals have been attained or other achievements have occurred. Any Achievement Bonus to which Executive becomes entitled for a particular fiscal year shall be paid by the fifteenth (15th) day of the third calendar month following the close of that fiscal year or as soon thereafter as administratively practicable if payment cannot be made by such date by reason of unforeseen circumstances.

Achievement Bonus. Executive shall be eligible for an Achievement Bonus each fiscal year of up to 4060% of his Base Salary tied to the Company’s achievement of the corporate goals established for that year by the Board of Directors and the achievement of such other goals set for the Company or Executive for such year by the Compensation Committee. The Board of Directors or Compensation Committee, as applicable, shall, in its respective sole discretion, determine whether such corporate or other goals have been attained or other achievements have occurred. Any Achievement Bonus to which Executive becomes entitled for a particular fiscal year shall be paid by the fifteenth (15th) day of the third calendar month following the close of that fiscal year or as soon thereafter as administratively practicable if payment cannot be made by such date by reason of unforeseen circumstances.

Achievement Bonus. Executive shall be eligible for an Achievement Bonus each fiscal year of up to 4050% of his Base Salary tied to the Company’s achievement of the corporate goals established for that year by the Board of Directors and the achievement of such other goals set for the Company or Executive for such year by the Compensation Committee. The Board of Directors or Compensation Committee, as applicable, shall, in its respective sole discretion, determine whether such corporate or other goals have been attained or other achievements have occurred. Any Achievement Bonus to which Executive becomes entitled for a particular fiscal year shall be paid by the fifteenth (15th) day of the third calendar month following the close of that fiscal year or as soon thereafter as administratively practicable if payment cannot be made by such date by reason of unforeseen circumstances.

Achievement Bonus. Executive shall be eligible for an Achievement Bonus each fiscal year of up to 4035% of his Base Salary tied to the Company’s achievement of the corporate goals established for that year by the Board of Directors and the achievement of such other business unit and personal goals set for the Company or Executive for such year by the Compensation Committeeyear. The Board of Directors or Compensation Committee, as applicable, shall, in its respective sole discretion, determine whether such corporate or other goals have been attained or other achievements have occurred. Any Achievement Bonus to which Executive becomes entitled for a particular fiscal year shall be paid by the fifteenth (15th) day of the third calendar month following the close of that fiscal year or as soon thereafter as administratively practicable if payment cannot be made by such date by reason of unforeseen circumstances.