Common use of Annual Cash Bonus Clause in Contracts

Annual Cash Bonus. In addition to the Base Salary, the Executive shall be eligible to earn, for each fiscal year of the Company ending during the Employment Period, a discretionary cash performance bonus (an “Annual Bonus”) under the Company’s annual bonus plan or program applicable to senior executives, as in effect from time to time. The Executive’s target Annual Bonus shall be set at fifty percent (50%) of the Base Salary in effect at the end of such year (the “Target Bonus”) (pro-rated to reflect any partial year’s service). The actual amount of any Annual Bonus shall be determined by reference to the attainment of Company and/or individual performance objectives, in each case, as determined by the Compensation Committee, and may be greater or less than the Target Bonus (and may equal zero); provided that the Executive’s maximum Annual Bonus shall not exceed one hundred percent (100%) of the Base Salary in effect at the end of such year. Payment of any Annual Bonus(es), to the extent any Annual Bonus(es) become payable, will be contingent upon the Executive’s continued employment through the applicable payment date, which shall occur on the date on which annual bonuses are paid generally to the Company’s senior executives for the relevant fiscal year.

Annual Cash Bonus. In addition to the Base Salary, the Executive shall be eligible to earn, for each fiscal year of the Company ending during the Employment Period, a discretionary cash performance bonus (an “Annual Bonus”) under the Company’s annual bonus plan or program applicable to senior executives, as in effect from time to time. The Executive’s target Annual Bonus shall be set at fifty percent (50%) of the Base Salary in effect at the end of such year (the “Target Bonus”) (pro-pro- rated to reflect any partial year’s service). The actual amount of any Annual Bonus shall be determined by reference to the attainment of Company and/or individual performance objectives, in each case, as determined by the Compensation Committee, and may be greater or less than the Target Bonus (and may equal zero); provided that the Executive’s maximum Annual Bonus shall not exceed one hundred percent (100%) of the Base Salary in effect at the end of such year. Payment of any Annual Bonus(es), to the extent any Annual Bonus(es) become payable, will be contingent upon the Executive’s continued employment through the applicable payment date, which shall occur on the date on which annual bonuses are paid generally to the Company’s senior executives for the relevant fiscal year.

Annual Cash Bonus. In addition to the Base Salary, the Executive shall be eligible to earn, for each fiscal year of the Company ending during the Employment Period, a discretionary cash performance bonus (an “Annual Bonus”) under the Company’s annual bonus plan or program applicable to senior executives, as in effect from time to time. The Executive’s target Annual Bonus shall be set at fifty one hundred percent (50100%) of the Base Salary in effect at the end of such year (the “Target Bonus”) (pro-rated to reflect any partial year’s service). The actual amount of any Annual Bonus shall be determined by reference to the attainment of Company and/or individual performance objectives, in each case, as determined by the Compensation Committee, and may be greater or less than the Target Bonus (and may equal zero); provided that the Executive’s maximum Annual Bonus shall not exceed one hundred fifty percent (100150%) of the Base Salary in effect at the end of such year. Payment of any Annual Bonus(es), to the extent any Annual Bonus(es) become payable, will be contingent upon the Executive’s continued employment through the applicable payment date, which shall occur on the date on which annual bonuses are paid generally to the Company’s senior executives for the relevant fiscal year.

Annual Cash Bonus. In addition to the Base Salary, the Executive shall be eligible to earn, for each fiscal year of the Company ending during the Employment PeriodPeriod beginning with fiscal year 2014, a discretionary cash performance bonus (an “Annual Bonus”) under the Company’s annual bonus plan or program applicable to senior executives, as in effect from time to time. The Executive’s target Annual Bonus shall be set at fifty percent (50%) of the Base Salary in effect at the end of such year (the “Target Bonus”) (pro-rated to reflect any partial year’s service). The actual amount of any Annual Bonus shall be determined by reference to the attainment of Company and/or individual performance objectives, in each case, as determined by the Compensation Committee, and may be greater or less than the Target Bonus (and may equal zero); provided that the Executive’s maximum Annual Bonus shall not exceed one hundred percent (100%) of the Base Salary in effect at the end of such year. Payment of any Annual Bonus(es), to the extent any Annual Bonus(es) become payable, will be contingent upon the Executive’s continued employment through the applicable payment date, which shall occur on the date on which annual bonuses are paid generally to the Company’s senior executives for the relevant fiscal year.