Common use of Annual Incentive Awards Clause in Contracts

Annual Incentive Awards. (a) Subject to the terms and conditions of the plan that shall govern eligibility and participation, Executive shall participate in the Company’s Management Incentive Plan each year during the Term of Employment (the “MIP”) with a target annual incentive award opportunity of no less than 60% of Base Salary or in a successor plan to the MIP that provides the Executive with a substantially equivalent opportunity. Payment of annual incentive awards shall be made at the same time that other participants in the MIP receive their incentive awards.

Annual Incentive Awards. (a) Subject to the terms and conditions of the plan that shall govern eligibility and participation, Executive shall participate in the Company’s Management Incentive Inventive Plan each year during the Term of Employment (the “MIP”) with a target annual incentive award opportunity of no less than 60% of Base Salary or in a successor plan to the MIP that provides the Executive with a substantially equivalent opportunity$75,000 each quarter. Payment of annual quarterly incentive awards shall be made at the same time that other participants in the MIP receive their incentive awards.

Annual Incentive Awards. (a) Subject to the terms and conditions of the plan that shall govern eligibility and participation, Executive shall participate in the Company’s Management Incentive Plan each year during the Term of Employment (the “MIP”) with a target annual incentive award opportunity of no less than 60% of Base Salary or in a successor plan to the MIP that provides the Executive with a substantially equivalent opportunityopportunity and Company agrees that Executive’s target annual incentive award opportunity shall not be less than 60% of Base Salary. Payment of annual incentive awards shall be made at the same time that other participants in the MIP receive their incentive awards.

Annual Incentive Awards. (a) Subject to the terms and conditions of the plan that shall govern eligibility and participation, The Executive shall participate in the Company’s Management 's Profit Incentive Plan each year during the Term of Employment (the “"MIP”") with a target annual incentive award bonus opportunity of no less than 6040% of Base Salary or in a successor plan to the MIP that provides the Executive with a substantially an equivalent opportunity. Payment of annual incentive awards shall be made at the same time that other participants in the MIP senior-level executives receive their incentive awards.

Annual Incentive Awards. (a) Subject to the terms and conditions of the plan that shall govern eligibility and participation, Executive shall participate in the Company’s Management Incentive Plan (the “MIP”) each year during the Term of Employment (the “MIP”) with a target annual incentive award opportunity of no less than 60300% of Base Salary or in a successor plan to the MIP that provides the Executive with a substantially equivalent opportunity. Payment of annual incentive awards shall be made at the same time that other participants provided in the MIP receive their incentive awardsMIP.

Annual Incentive Awards. (a) Subject to the terms and conditions of the plan that shall govern eligibility and participation, Executive shall participate in the Company’s Management Incentive Plan each year during the Term of Employment (the “MIP”) with a target annual incentive award opportunity of no less than 60% of Base Salary or in a successor plan to the MIP that provides the Executive with a substantially equivalent opportunity. See Exhibit 4 attached hereto for the MIP opportunities. Payment of any annual incentive awards shall be made at the same time that other participants in the MIP receive their incentive awards.

Annual Incentive Awards. (a) Subject to the terms and conditions of the plan that shall govern eligibility and participation, The Executive shall participate in the Company’s Management 's Profit Incentive Plan each year during the Term of Employment (the “"MIP”") with a target annual incentive award bonus opportunity of no less than 6042% of Base Salary or in a successor plan to the MIP that provides the Executive with a substantially an equivalent opportunity. Payment of annual incentive awards shall be made at the same time that other participants in the MIP senior-level executives receive their incentive awards.

Annual Incentive Awards. (a) Subject to the terms and conditions of the plan that shall govern eligibility and participation, The Executive shall participate in the Company’s Management 's Profit Incentive Plan each year during the Term of Employment (the “"MIP”") with a target annual incentive award bonus opportunity of no less than 6050% of Base Salary or in a successor plan to the MIP that provides the Executive with a substantially an equivalent opportunity. Payment of annual incentive awards shall be made at the same time that other participants in the MIP senior-level executives receive their incentive awards.

Annual Incentive Awards. (a) Subject to the terms and conditions of the plan that shall govern eligibility and participation, Executive shall participate in the Company’s Management Incentive Plan each year during the Term of Employment (the “MIP”) with a target annual incentive award opportunity of no less than 6090% of Base Salary or in a successor plan to the MIP that provides the Executive with a substantially equivalent opportunity. See Exhibit 4 attached hereto for the MIP opportunities. Payment of any annual incentive awards shall be made at the same time that other participants in the MIP receive their incentive awards.