Common use of Annual Incentive Award Clause in Contracts

Annual Incentive Award. The Company will pay annual incentive compensation awards to the Executive as may be granted by the Board of Directors or the Compensation Committee under any executive bonus or incentive plan in effect from time to time (the "Annual Incentive Award"). Beginning for the 2000 fiscal year and continuing thereafter, the Annual Incentive Award shall be equal to one hundred percent (100%) of Executive's then current annual Base Salary, contingent upon performance of stipulated goals of the Company established jointly by the Board of Directors and Executive.

Annual Incentive Award. The Company will pay annual incentive compensation awards to the Executive as may be granted by the Board in amounts up to eighty percent (80%) of Directors or the Compensation Committee under any executive bonus or incentive plan in effect from time to time his annual base salary (the "Annual Incentive Award"). Beginning for the 2000 fiscal year and continuing thereafter, the Annual Incentive Award shall ) under such incentive programs as may from time to time be equal provided to one hundred percent (100%) of Executive's then current annual Base Salary, contingent upon performance of stipulated goals employees of the Company established jointly by of similar rank, which programs may be created, changed or terminated at any time in the Board of Directors and ExecutiveCompany's sole discretion.

Annual Incentive Award. The Company will pay annual incentive compensation awards to the Executive as may be granted by the Board in amounts up to fifty percent (50%) of Directors or the Compensation Committee under any executive bonus or incentive plan in effect from time to time his annual base salary (the "Annual Incentive Award"). Beginning for the 2000 fiscal year and continuing thereafter, the Annual Incentive Award shall ) under such incentive programs as may from time to time be equal provided to one hundred percent (100%) of Executive's then current annual Base Salary, contingent upon performance of stipulated goals employees of the Company established jointly by of similar rank, which programs may be created, changed or terminated at any time in the Board of Directors and ExecutiveCompany's sole discretion.