Common use of Cash Bonus Compensation Clause in Contracts

Cash Bonus Compensation. As an added inducement for the Employee ----------------------- to use his best efforts to enhance the business of the Corporation, the Corporation shall pay to the Employee, as additional compensation hereunder, an annual cash bonus in the following amount and subject to the following terms and conditions: (i) for and in respect of each fiscal year (or partial fiscal year) of the Corporation during the term of Employee's employment by the Corporation whether or not such employment is under this Agreement or any extension hereof, commencing with the portion of the fiscal year beginning January 1, 2000, which succeeds the Effective Date hereof, amounts, payable as provided below, equal to up to 100% of the basic compensation ("Annual Bonus") described in subparagraph (a) above. Such bonus shall be payable pro rata to Employee to the extent, and only to the extent, that business plan targets (including by way of example only, such targets as Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), revenue, and/or target service levels) and individual management performance targets (as both such business plan and individual performance targets have been developed by the Corporation's Chief Executive Officer and Board of Directors in consultation with Employee and issued within forty-five (45) days after the commencement of the relevant fiscal year of the Corporation (or portion thereof) have been exceeded or met by at least 75% of target with respect to the relevant fiscal year (or portion of the relevant fiscal year) of the Corporation and not to exceed 100% of the Annual Bonus; and (ii) Employee must be employed full-time on the last day of the applicable period for which the cash bonus is paid to receive the bonus.

Cash Bonus Compensation. As an added inducement for the Employee ----------------------- to use his best efforts to enhance the business of the Corporation, the Corporation shall pay to the Employee, as additional compensation hereunder, an annual cash bonus in the following amount and subject to the following terms and conditions: (i) for and in respect of each fiscal year (or partial fiscal year) of the Corporation during the term of Employee's employment by the Corporation whether or not such employment is under this Agreement or any extension hereof, commencing with the portion of the fiscal year beginning January May 1, 20002005, which succeeds the Effective Date hereof, amounts, payable as provided below, equal to up to 100% of the basic compensation ("Annual Bonus") described in subparagraph (asubparagraph(a) above. Such bonus shall be payable pro rata to Employee to the extent, and only to the extent, that business plan targets (including by way of example only, such targets as Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), revenue, and/or target service levels) and individual management performance targets (as both such business plan and individual performance targets have been developed by the Corporation's Chief Executive Officer and Board of Directors in consultation with Employee and issued within forty-five (45) days after the commencement of the relevant fiscal year of the Corporation (or portion thereof) have been exceeded or met by at least 75% of target with respect to the relevant fiscal year (or portion of the relevant fiscal year) of the Corporation and not to exceed 100% of the Annual Bonus; and (ii) Employee must be employed full-time on the last day of the applicable period for which the cash bonus is paid to receive the bonus.

Cash Bonus Compensation. As an added inducement for the Employee ----------------------- to use his best efforts to enhance the business of the Corporation, the Corporation shall pay to the Employee, as additional compensation hereunder, an annual cash bonus in the following amount and subject to the following terms and conditions: (i) for and in respect of each fiscal year (or partial fiscal year) of the Corporation during the term of Employee's employment by the Corporation whether or not such employment is under this Agreement or any extension hereof, commencing with the portion of the fiscal year beginning January 1, 2000, which succeeds the Effective Date effective date hereof, amounts, payable as provided below, equal to up to 100% of the basic compensation ("Annual Bonus") described in subparagraph (a) above. Such bonus shall be payable pro rata to Employee to the extent, and only to the extent, that business plan targets (including by way of example only, such targets as Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), revenue, and/or target service levels) and individual management performance targets (as both such business plan and individual performance targets have been developed by the Corporation's Chief Executive Officer and Board of Directors in consultation with Employee and issued within forty-five (45) days after the commencement of the relevant fiscal year of the Corporation (or portion thereof) have been exceeded or met by at least 75% of target with respect to the relevant fiscal year (or portion of the relevant fiscal year) of the Corporation and not to exceed 100% of the Annual Bonus; and (ii) for any partial fiscal year of the Corporation during which Employee is employed by the Corporation and in respect of which cash bonuses are payable to Employee hereunder, the amount of such bonuses payable to Employee (and calculations of business plan target achievement and individual performance, as the case may require) shall be appropriately prorated for such portion of such partial fiscal year as shall fall within the operation of this provision; and (iii) On the date hereof, Employee shall be paid a bonus for the year ending December 31, 1999 in the amount of one hundred seventy five thousand dollars ($175,000). Employee must be employed full-time on the last day of the applicable period for which the cash bonus is paid to receive the bonusbonus except as set forth in 3(b)(iii) above.

Cash Bonus Compensation. As an added inducement for the Employee ----------------------- to use his best efforts to enhance the business of the Corporation, the Corporation shall pay to the Employee, as additional compensation hereunder, an annual cash bonus in the following amount and subject to the following terms and conditions: (i) for and in respect of each fiscal year (or partial fiscal year) of the Corporation during the term of Employee's employment by the Corporation whether or not such employment is under this Agreement or any extension hereof, commencing with the portion of the fiscal year beginning January 1, 2000, which succeeds the Effective Date hereof2001, amounts, payable as provided below, equal to up to 100% of the basic compensation ("Annual Bonus") described in subparagraph (a) ------------ above. Such bonus shall be payable pro rata to Employee to the extent, and only to the extent, that business plan targets (including by way of example only, such targets as Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), revenue, and/or target service ------ levels) and individual management performance targets (as both such business plan and individual performance targets have been developed by the Corporation's Chief Executive Officer and Board of Directors in consultation with Employee and issued within forty-five approximately sixty (4560) days after the commencement of the relevant fiscal year of the Corporation (or portion thereof) have been exceeded or met by at least 75% of target with respect to the relevant fiscal year (or portion of the relevant fiscal year) of the Corporation and not to exceed 100% of the Annual Bonus; and (ii) Employee must be employed full-time on the last day of the applicable period for which the cash bonus is paid to receive the bonus.

Cash Bonus Compensation. As an added inducement for the Employee ----------------------- to use his best efforts to enhance the business of the Corporation, the Corporation shall pay to the Employee, as additional compensation hereunder, an annual cash bonus in the following amount and subject to the following terms and conditions: (i) for and in respect of each fiscal year (or partial fiscal year) of the Corporation corporation during the term of Employee's employment by the Corporation whether or not such employment is under this Agreement or any extension hereof, commencing with the portion of the fiscal year beginning January May 1, 20002005, which succeeds the Effective Date hereof, amounts, payable as provided below, equal to up to 100% of the basic compensation ("Annual Bonus") described in subparagraph (asubparagraph(a) above. Such bonus shall be payable pro rata to Employee to the extent, and only to the extent, that business plan targets (including by way of example only, such targets as Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), revenue, and/or target service levels) and individual management performance targets (as both such business plan and individual performance targets have been developed by the Corporation's Chief Executive Officer and Board of Directors in consultation with Employee and issued within forty-five (45) days after the commencement of the relevant fiscal year of the Corporation (or portion thereof) have been exceeded or met by at least 75% of target with respect to the relevant fiscal year (or portion of the relevant fiscal year) of the Corporation and not to exceed 100% of the Annual Bonus; and (ii) Employee must be employed full-time on the last day of the applicable period for which the cash bonus is paid to receive the bonus.

Cash Bonus Compensation. As an added inducement for the Employee ----------------------- to use his best efforts to enhance the business of the Corporation, the Corporation shall pay to the Employee, as additional compensation hereunder, an annual cash bonus in the following amount and subject to the following terms and conditions: (i) for and in respect of each fiscal year (or partial fiscal year) of the Corporation during the term of Employee's employment by the Corporation whether or not such employment is under this Agreement or any extension hereof, commencing with the portion of the fiscal year beginning January 1, 2000, which succeeds the Effective Date hereof2001, amounts, payable as provided below, equal to up to 100% of the basic compensation ("Annual Bonus") described in subparagraph (a) ------------ above. Such bonus shall be payable pro rata to Employee to the extent, and only to the extent, that business plan targets (including by way of example only, such targets as Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), revenue, and/or target service ------ levels) and individual management performance targets (as both such business plan and individual performance targets have been developed by the Corporation's Chief Executive Officer and Board of Directors in consultation with Employee and issued within forty-five approximately sixty (4560) days after the commencement of the relevant fiscal year of the Corporation (or 30 days in the case of a portion thereof)) have been exceeded or met by at least 75% of target with respect to the relevant fiscal year (or portion of the relevant fiscal year) of the Corporation and not to exceed 100% of the Annual Bonus; and (ii) Employee must be employed full-time on the last day of the applicable period for which the cash bonus is paid to receive the bonus.

Cash Bonus Compensation. As an added inducement for the Employee ----------------------- to use his best efforts to enhance the business of the Corporation, the Corporation shall pay to the Employee, as additional compensation hereunder, an annual cash bonus in the following amount and subject to the following terms and conditions: (i) for and in respect of each fiscal year (or partial fiscal year) of the Corporation during the term of Employee's employment by the Corporation whether or not such employment is under this Agreement or any extension hereof, commencing with the portion of the fiscal year beginning January 1, 2000, which succeeds the Effective Date effective date hereof, amounts, payable as provided below, equal to up to 100% of the basic compensation ("Annual Bonus") described in subparagraph (a) above. Such bonus shall be payable pro rata to Employee to the extent, and only to the extent, that business plan targets (including by way of example only, such targets as Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), revenue, and/or target service levels) and individual management performance targets (as both such business plan and individual performance targets have been developed by the Corporation's Chief Executive Officer and Board of Directors in consultation with Employee and issued within forty-five (45) days after the commencement of the relevant fiscal year of the Corporation (or portion thereof) have been exceeded or met by at least 75% of target with respect to the relevant fiscal year (or portion of the relevant fiscal year) of the Corporation and not to exceed 100% of the Annual Bonus; and (ii) for any partial fiscal year of the Corporation during which Employee is employed by the Corporation and in respect of which cash bonuses are payable to Employee hereunder, the amount of such bonuses payable to Employee (and calculations of business plan target achievement and individual performance, as the case may require) shall be appropriately prorated for such portion of such partial fiscal year as shall fall within the operation of this provision; and (iii) On the date hereof, Employee shall be paid a bonus for the year ending December 31, 1999 in the amount of one hundred seventy five thousand dollars ($175,000.00). Employee must be employed full-time on the last day of the applicable period for which the cash bonus is paid to receive the bonusbonus except as set forth in 3(b)(iii) above.

Cash Bonus Compensation. As an added inducement for the Employee ----------------------- to use his best efforts to enhance the business of the Corporation, the Corporation shall pay to the Employee, as additional compensation hereunder, an annual cash bonus bonuses in the following amount amounts and subject to the following terms and conditions: (i) for and in respect of each fiscal year (or partial fiscal year) of the Corporation during the term of Employee's employment by the Corporation whether or not such employment is under this Agreement or any extension hereof, commencing with the portion of the fiscal year beginning January 1, 2000, which succeeds the Effective Date effective date hereof, amounts, payable as provided below, equal to (A) A Target Bonus in an amount equal to up to between 75% and 100% of 90% the basic compensation ("Annual Bonus") Base Compensation described in subparagraph (a) above. Such bonus shall be , payable pro rata to Employee to in the extentevent, and only to in the extentevent, that business plan targets (including by way of example only, such targets as Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), revenue, and/or target service levels) and individual management performance targets (as both such business plan and individual performance targets have been ), developed by the Corporation's Chief Executive Officer and Board of Directors in consultation with Employee and issued within forty-five (45) days after the commencement of the relevant fiscal year of the Corporation (or portion thereof) (these goals collectively referred to as the "Target"), have been exceeded or met by at least 75% of target and paid pro rata with respect to the relevant fiscal year (or portion of the relevant fiscal year) of the Corporation. It is understood and agreed that the amount of the Target Bonus for any year shall be calculated at the same percentage (ranging between 75% and 100%) of 90% of Base Compensation as the percentage of the agreed upon business plan targets which the Corporation and not to exceed 100% of the Annual BonusEmployee actually achieve in that year; and (B) An Achievement Bonus in an amount up to 90% of the Base Compensation defined in subparagraph (a) above, based upon the Board of Directors' reasonable discretionary evaluation of Employee's individual management performance, such performance criteria to be developed in consultation with Employee and issued within forty-five (45) days after the commencement of each relevant fiscal year of the Company (or portion thereof) during the term of Employee's employment. Individual management performance criteria may include, by way of example only, strategic goals and plans of the Corporation as well as a reward for exceeding the goals of (A) above. (ii) for any partial fiscal year of the Corporation during which Employee must is employed by the Corporation and in respect of which cash bonuses are payable to Employee hereunder, the amount of such bonuses payable to Employee (and calculations of business plan target achievement and individual performance, as the case may require) shall be employed full-time appropriately prorated for such portion of such partial fiscal year as shall fall within the operation of this provision. (iii) on the last day date hereof, Employee shall be paid a bonus for the year ending December 31, 1999 in the sum of Five Hundred Thousand Dollars ($500,000) representing an Achievement Bonus and Target Bonus as if Employee had completed a full twelve months of employment. Employee shall be entitled to be paid Base Compensation, including Achievement Bonus and Target Bonus for the remainder of the applicable period for which Term of the cash bonus is paid to receive the bonusAgreement as earned.

Cash Bonus Compensation. As an added inducement for the Employee ----------------------- to use his best efforts to enhance the business of the Corporation, the Corporation shall pay to the Employee, as additional compensation hereunder, an annual cash bonus in the following amount and subject to the following terms and conditions: (i) for and in respect of each fiscal year (or partial fiscal year) of the Corporation during the term of Employee's employment by the Corporation whether or not such employment is under this Agreement or any extension hereof, commencing with the portion of the fiscal year beginning January 1, 2000, which succeeds the Effective Date hereof, amounts, payable as provided below, equal to up to 100% of the basic compensation ("Annual Bonus") described in subparagraph (a) above. Such bonus shall be payable pro rata to Employee to the extent, and only to the extent, that business plan targets (including by way of example only, such targets as Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), revenue, and/or target service levels) and individual management performance targets (as both such business plan and individual performance targets have been developed by the Corporation's Chief Executive Officer and Board of Directors in consultation with Employee and issued within forty-five (45) days after the commencement of the relevant fiscal year of the Corporation (or portion thereof) have been exceeded or met by at least 75% of target with respect to the relevant fiscal year (or portion of the relevant fiscal year) of the Corporation and not to exceed 100% of the Annual Bonus; and (ii) Employee must be employed full-time on the last day of the applicable period for which the cash bonus is paid to receive the bonus.