Common use of Annual Incentive Clause in Contracts

Annual Incentive. In addition to Annual Base Salary, the Company shall pay or cause to be paid to the Executive an incentive award (the “Annual Incentive”) for each Performance Period or portion thereof which falls within the Employment Period. “Performance Period” means each period of time designated in accordance with any annual incentive award arrangement (“Incentive Plan”) which is based upon performance and approved by the Board or any committee of the Board, or in the absence of any Incentive Plan or any such designated period of time, Performance Period shall mean each calendar year. The Executive’s target and maximum Annual Incentive with respect to any Performance Period shall not be less than the target and maximum annual incentive award payable with respect to the Executive under the Company’s annual incentive program as in effect immediately preceding the Effective Date.

Annual Incentive. In addition to Annual Base Salary, the Company shall pay or cause to be paid to the Executive an incentive award (the “"Annual Incentive”") for each Performance Period or portion thereof which falls within the Employment Period. “"Performance Period” " means each period of time designated in accordance with any annual incentive award arrangement (“"Incentive Plan”") which is based upon performance and approved by the Board or any committee of the Board, or in the absence of any Incentive Plan or any such designated period of time, Performance Period shall mean each calendar year. The Executive’s 's target and maximum Annual Incentive with respect to any Performance Period shall not be less than the target and maximum annual incentive award payable with respect to the Executive under the Company’s 's annual incentive program as in effect immediately preceding the Effective Date.

Annual Incentive. In addition to Annual Base Salary, the Company shall pay or cause to be paid to the Executive an incentive award (the “"Annual Incentive”") for each Performance Period or portion thereof which falls within ends during the Employment Period. “"Performance Period” " means each period of time designated in accordance with any annual incentive award arrangement (“"Incentive Plan”") which is based upon performance and approved by the Board or any committee of the Board, or in the absence of any Incentive Plan or any such designated period of time, Performance Period shall mean each calendar year. The Executive’s 's target and maximum Annual Incentive with respect to any Performance Period shall not be less than the target and maximum annual incentive award payable with respect to the Executive under the Company’s 's annual incentive program as in effect immediately preceding the Effective Date.

Annual Incentive. In addition to Annual Base Salary, the Company shall pay or cause to be paid to the Executive Officer an incentive award (the “"Annual Incentive”") for each Performance Period or portion thereof which falls within ends during the Employment Period. “"Performance Period” " means each period of time designated in accordance with any annual incentive award arrangement (“"Incentive Plan”") which is based upon performance and approved by the Board or any committee of the Board, or in the absence of any Incentive Plan or any such designated period of time, Performance Period shall mean each calendar year. The Executive’s Officer's target and maximum Annual Incentive with respect to any Performance Period shall not be less than the target and maximum annual incentive award payable with respect to the Executive Officer under the Company’s 's annual incentive program as in effect immediately preceding the Effective Date.

Annual Incentive. In addition to Annual Base Salary, the Company shall pay or cause to be paid to the Executive Employee an incentive award (the “"Annual Incentive”") for each Performance Period or portion thereof which falls within ends during the Employment Period. “"Performance Period” " means each period of time designated in accordance with any annual incentive award arrangement (“"Incentive Plan”") which is based upon performance and approved by the Board or any committee of the Board, or in the absence of any Incentive Plan or any such designated period of time, Performance Period shall mean each calendar year. The Executive’s Employee's target and maximum Annual Incentive with respect to any Performance Period shall not be less than the target and maximum annual incentive award payable with respect to the Executive Employee under the Company’s 's annual incentive program as in effect immediately preceding the Effective Date.