Common use of Annual Incentive Plan Clause in Contracts

Annual Incentive Plan. In addition to the Base Salary, during the Term, the Executive will have an annual incentive opportunity target equal to 60% of the Executive’s Base Salary for the year. The amount of the annual incentive (“Bonus”) for any year may be more or less than the target amount, but not more than 120% of the Executive’s Base Salary for the year, and will be determined, in its sole discretion, by the Compensation Committee based upon certain performance measures which shall be approved by the Compensation Committee in its discretion and communicated to the Executive by the end of each February during the Term. The Bonus for a year will be determined and payable by March 15 of the following year.

Annual Incentive Plan. In addition to the Base Salary, during the Term, the Executive will have an annual incentive opportunity target equal to 6065% of the Executive’s Base Salary for the year. The amount of the annual incentive (“Bonus”) for any year may be more or less than the target amount, but not more than 120130% of the Executive’s Base Salary for the year, and will be determined, in its sole discretion, by the Compensation Committee based upon certain performance measures which shall be approved by the Compensation Committee in its discretion and communicated to the Executive by the end of each February during the Term. The Bonus for a year will be determined and payable by March 15 of the following year.

Annual Incentive Plan. In addition to the Base Salary, during the Term, the Executive will have an annual incentive opportunity target equal to 6075% of the Executive’s Base Salary for the year. The amount of the annual incentive (“Bonus”) for any year may be more or less than the target amount, but not more than 120150% of the Executive’s Base Salary for the year, and will be determined, in its sole discretion, by the Compensation Committee based upon certain performance measures which shall be approved by the Compensation Committee in its discretion and communicated to the Executive by the end of each February during the Term. The Bonus for a year will be determined and payable by March 15 of the following year.

Annual Incentive Plan. In addition to the Base Salary, during the Term, the Executive will have an annual incentive bonus opportunity target equal to 6065% of the Executive’s Base Salary salary for the year. The amount of the annual incentive bonus (“Bonus”) for any year may be more or less than the target amount, but not more than 120125% of the Executive’s Base Salary salary for the year, and will be determined, in its sole discretion, by the Compensation Committee based upon certain performance measures which shall be approved determined by the Compensation Committee Board in its discretion and communicated to the Executive by the end of each February September of the prior year during the Term. The Bonus for a year will be determined and payable by March 15 of the following year. In the event this Agreement or the Executive’s employment is terminated by the Company for Cause or by the Executive other than for Good Reason, the Executive shall not be entitled to any Bonus Compensation for such year or any subsequent period.

Annual Incentive Plan. In addition to the Base Salary, during the Term, the Executive will have an annual incentive bonus opportunity target equal to 60100% of the Executive’s Base Salary salary for the year. The amount of the annual incentive bonus (“Bonus”) for any year may be more or less than the target amount, but not more than 120200% of the Executive’s Base Salary salary for the year, and will be determined, in its sole discretion, by the Compensation Committee based upon certain performance measures which shall be approved determined by the Compensation Committee Board in its discretion and communicated to the Executive by the end of each February September of the prior year during the Term. The Bonus for a year will be determined and payable by March 15 of the following year. In the event this Agreement or the Executive’s employment is terminated by the Company for Cause or by the Executive other than for Good Reason, the Executive shall not be entitled to any Bonus Compensation for such year or any subsequent period.

Annual Incentive Plan. In addition to the Base Salary, during the Term, the Executive will have an annual incentive bonus opportunity target equal to 6075% of the Executive’s Base Salary salary for the year. The amount of the annual incentive bonus (“Bonus”) for any year may be more or less than the target amount, but not more than 120150% of the Executive’s Base Salary salary for the year, and will be determined, in its sole discretion, by the Compensation Committee based upon certain performance measures which shall be approved determined by the Compensation Committee Board in its discretion and communicated to the Executive by the end of each February September of the prior year during the Term. The Bonus for a year will be determined and payable by March 15 of the following year. In the event this Agreement or the Executive’s employment is terminated by the Company for Cause or by the Executive other than for Good Reason, the Executive shall not be entitled to any Bonus Compensation for such year or any subsequent period.

Annual Incentive Plan. In addition to the Base Salary, during the Term, the Executive will have an annual incentive opportunity target equal to 6090% of the Executive’s Base Salary for the year. The amount of the annual incentive (“Bonus”) for any year may be more or less than the target amount, but not more than 120180% of the Executive’s Base Salary for the year, and will be determined, in its sole discretion, by the Compensation Committee based upon certain performance measures which shall be approved by the Compensation Committee in its discretion and communicated to the Executive by the end of each February during the Term. The Bonus for a year will be determined and payable by March 15 of the following year.

Annual Incentive Plan. In addition to the Base Salary, during the Term, the Executive will have an annual incentive opportunity target equal to 60100% of the Executive’s Base Salary for the year. The amount of the annual incentive (“Bonus”) for any year may be more or less than the target amount, but not more than 120200% of the Executive’s Base Salary for the year, and will be determined, in its sole discretion, by the Compensation Committee based upon certain performance measures which shall be approved by the Compensation Committee in its discretion and communicated to the Executive by the end of each February during the Term. The Bonus for a year will be determined and payable by March 15 of the following year.