Common use of Company Objectives Clause in Contracts

Company Objectives. 1. Total revenue of $[XXXXX] — half of the executive’s Company Bonus will be earned if the Company achieves a minimum of $[XXXXX] in total revenue for FY 2008. Bonus payout starts at 91% of plan and is linear for performance to 100%; thereafter the executive will be eligible to receive an additional 1% for each additional 10% in revenue above the plan.

Company Objectives. 1. Total revenue of $[XXXXXXXXXXXXX] — half of the executive’s Company Bonus will be earned if the Company achieves a minimum of $[XXXXXXXXXXXXX] in total revenue for FY 2008. Bonus payout starts at 91% of plan and is linear for performance to 100%; thereafter the executive will be eligible to receive an additional 1% for each additional 10% in revenue above the plan.