Common use of Annual Bonus Plan Clause in Contracts

Annual Bonus Plan. The Employee shall participate with the other executive officers of the Company in the Annual Bonus Plan established by the Board, and in connection therewith shall be eligible for an annual bonus of up to twenty-five percent (25%) of his Base Salary (as adjusted by the CPI for the year of the Term for which the bonus is determined), in accordance with and based upon the mutually agreeable performance goals established for the Employee by the President and the Employee and as such Annual Bonus Plan shall be modified by the Board from time to time.

Annual Bonus Plan. The Employee shall participate with the other executive officers of the Company in the Annual Bonus Plan established by the Board, and in connection therewith shall be eligible for an annual bonus of up to twenty-five percent (25%) of his her Base Salary (as adjusted by the CPI for the year of the Term for which the bonus is determineddetermined and prorated to reflect the difference between the annual periods of this Agreement and the calendar year basis of the Annual Bonus Plan), in accordance with and based upon the mutually agreeable performance goals established for the Employee by the President and the Employee and as such Annual Bonus Plan shall be modified by the Board from time to time.

Annual Bonus Plan. The Employee shall participate with the other executive officers of the Company in the Annual Bonus Plan established by the Board, and in connection therewith shall be eligible for an annual bonus of up to twenty-five percent (25%) of his Base Salary (as adjusted by the CPI for the calendar year of the Term for which the bonus is determined, to the extent the CPI adjustment is applicable for such year), in accordance with and based upon the mutually agreeable performance goals established for the Employee by the President and the Employee and as such Annual Bonus Plan shall be modified by the Board from time to time.

Annual Bonus Plan. The Employee shall participate with the other executive officers of the Company in the Annual Bonus Plan established by the Board, and in connection therewith shall be eligible for an annual bonus of up to twenty-five percent (25%) of his Base Salary (as adjusted by the CPI for the calendar year of the Term for which the bonus is determined), in accordance with and based upon the mutually agreeable performance goals established for the Employee by the President and the Employee and as such Annual Bonus Plan shall be modified by the Board from time to time.