Common use of Base Salary; Annual Bonus Clause in Contracts

Base Salary; Annual Bonus. The base salary payable to Employee shall be $365,000 per year (effective January 1, 2001), payable on a regular basis in accordance with the Company's standard payroll procedures but not less than monthly (pro-rated for any year in which Employee is employed for less than the full year). On at least an annual basis the Board (as defined below) will review Employee’s performance and make increases to such base salary if, in its discretionary, any such increase is warranted. Such recommended increase would, in all likelihood, require approval by the Board of Directors (the “Board”) or a duly constituted committee thereof. For 2001 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards. Employee shall be eligible for a bonus opportunity of up to 80% of Employee's annual base salary payable in cash and/or equity (at the Company’s discretion) in accordance with this Incentive Bonus Plan. The award of any bonus shall be based on the Company’s overall performance and shall be payable in various increments based on the performance. The incremental payments and the Company's targeted performance shall be determined by the Board or the compensation committee thereof. For 2001, Employee has already been awarded Warrant No. 59 as payment for any 2001 bonus opportunity.

Base Salary; Annual Bonus. The base salary payable to Employee shall be $365,000 330,000 per year (effective January 1, 2001)year, payable on a regular basis in accordance with the Company's standard payroll procedures but not less than monthly (pro-rated for any year in which Employee is employed for less than the full year). On at least an annual basis the Board (as defined below) will review Employee’s 's performance and make increases to such base salary if, in its discretionary, any such increase is warranted. Such recommended increase would, in all likelihood, require approval by the Board of Directors (the “"Board”") or a duly constituted committee thereof. For 2001 2000 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards. Employee shall be eligible for a bonus opportunity of up to 8050% of Employee's annual base salary payable in cash and/or and or equity (at the Company’s discretion) 's discretion beginning January 1, 2000 in accordance with this Incentive Bonus Plan. For 2000 Employee has already been awarded Warrant No. 17 as partial payment for any 2000 Bonus opportunity. In addition, a $30,000 cash bonus will be paid if F.Y.I. makes the 2000 EPS target of $1.93. The award of any bonus shall be based on the Company’s 's overall performance and shall be payable in various increments based on the performance. The incremental payments and the Company's targeted performance shall be determined by the Board or the compensation committee thereof. For 2001, Employee has already been awarded Warrant No. 59 as payment for any 2001 bonus opportunity.

Base Salary; Annual Bonus. The base salary payable to Employee shall be $365,000 225,000 per year (effective January 1, 2001)year, payable on a regular basis in accordance with the Company's standard payroll procedures but not less than monthly (pro-rated for any year in which Employee is employed for less than the full year). On at least an annual basis the Board (as defined below) will review Employee’s 's performance and make increases to such base salary if, in its discretionary, any such increase is warranted. Such recommended increase would, in all likelihood, require approval by the Board of Directors (the “Board”) or a duly constituted committee thereof. For 2001 1999 and subsequent years, it is the Company's intent to develop a written Incentive Bonus Plan setting forth the criteria under which Employee and other officers and key employees will be eligible to receive year-end bonus awards. Employee shall be eligible for a bonus opportunity of up to 8050% of Employee's annual base salary payable in cash and/or and or equity (at the Company’s discretion) 's discretion beginning January 1, 2000 in accordance with this Incentive Bonus Plan. Such recommended increase would, in all likelihood, require approval by the Board of Directors (the "Board") or a duly constituted committee thereof. The award of any bonus shall be based on the Company’s 's overall performance and the total performance of the business unit managed and shall be payable in various increments based on the performance. The incremental payments and the Company's targeted performance shall be determined by the Board or the compensation committee thereof. For 2001, Employee has already been awarded Warrant No. 59 as payment for any 2001 bonus opportunity.