Common use of Annual Incentive Compensation Program Clause in Contracts

Annual Incentive Compensation Program. Executive shall be entitled to participate in the Annual Incentive Compensation Program ("AICP") pursuant to the terms and conditions of such program as it may exist from time to time. Executive's target bonus opportunity level shall be forty percent (40%) of annual base salary based principally upon the financial performance parameters of the Company and achievement of individual performance goals established in conjunction with the CEO of the Company.

Annual Incentive Compensation Program. Executive shall be entitled to participate in the Annual Incentive Compensation Program ("AICP") pursuant to the terms and conditions of such program as it may exist from time to time. Executive's target bonus opportunity level shall be forty percent (40%) percent of annual base salary salary. This bonus will be based principally upon the financial performance parameters of the Company and the Electric Business Unit and achievement of individual performance goals established in conjunction with the CEO of the Company.

Annual Incentive Compensation Program. Executive shall be entitled to participate in the Annual Incentive Compensation Program ("AICP") pursuant to the terms and conditions of such program as it may exist from time to time. Executive's target bonus opportunity level shall be forty percent eighty (4080%) percent of annual base salary Base Salary. This bonus will be based principally upon the financial performance parameters of the Company and the Electric Business Unit and achievement of individual performance goals established in conjunction with the CEO President and CEO. For Plan year 2006, Executive will be guaranteed an incentive payment in the amount of One Hundred Thousand dollars ($100,000) payable in accordance with the CompanyAICP.

Annual Incentive Compensation Program. Executive shall be entitled to participate in the Annual Incentive Compensation Program ("AICP") pursuant to the terms and conditions of such program as it may exist from time to time. Executive's target bonus opportunity level shall be forty percent (40%) of annual base salary percent. This bonus will be based principally upon the financial performance parameters of the Company and achievement of individual performance goals established in conjunction with the CEO of the Company.