Common use of Definition of Incentive Bonus Clause in Contracts

Definition of Incentive Bonus. For purposes of this Agreement, the term “Incentive Bonus” shall mean any annual cash bonus payable pursuant to Section 5(b)(i). Failure by the Executive to satisfy the performance criteria in the Bonus Plan does not constitute a failure by the Executive to “perform his Material Duties” as provided in paragraph 6(c)(iii).

Definition of Incentive Bonus. For purposes of this Agreement, the term “"Incentive Bonus” " shall mean the any annual cash bonus payable pursuant to Section 5(b)(i) and any special bonus payable pursuant to Section 5(b)(ii). Failure by The total target Incentive Bonus for 2008, assuming both milestones in Section 5(b)(ii) are achieved and the Company and Executive to satisfy achieve the performance criteria goals established in the Bonus Plan does not constitute a failure to be established by the Executive Compensation Committee referred to “perform his Material Duties” as provided in paragraph 6(c)(iii)Section 5(b)(i) are achieved, is $300,000.

Definition of Incentive Bonus. For purposes of this Agreement, the term “Incentive Bonus” shall mean any annual cash bonus payable pursuant to Section 5(b)(i) and any special bonus payable pursuant to Section 5(b)(ii). Failure by The total target Incentive Bonus for 2009, assuming the Company and Executive to satisfy achieve the performance criteria goals established in the Bonus Plan does not constitute a failure to be established by the Executive Compensation Committee referred to “perform his Material Duties” as provided in paragraph 6(c)(iii)Section 5(b)(i) are achieved, shall be in the range of $300,000 to $600,000.

Definition of Incentive Bonus. For purposes of this Agreement, the term “Incentive Bonus” shall mean any annual cash incentive bonus payable pursuant to Section 5(b)(i5(b). Failure by the Executive to satisfy the performance criteria in the Bonus Plan does not constitute a failure by the Executive to “perform his Material Duties” as provided in paragraph 6(c)(iii).