Common use of DIVISION BONUS Clause in Contracts

DIVISION BONUS. The Division Bonus, if any, payable on account of any calendar year shall be computed as follows: i. if the Divisional Net Income for such year is equal to the Division Target for such year, the Employee shall be entitled to a Division Bonus in the amount of $50,000. ii. if the Divisional Net Income for such year is more than the Division Target and less than 125% of the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 + [$50,000 x 2 x (NI - DT)] --------------- DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Net Income for such year. iii. if the Divisional Net Income for such year equal to 125% or more of the Division Target, the Employee shall be entitled to a Division Bonus of $75,000. iv. if the Divisional Net Income for such year is equal to or less than 75% of the Division Target, the Employee shall not be entitled to a Division Bonus. v. if the Divisional Net Income for such year is greater than 75% of the Division Target but less than the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 - [$50,000 x 4 x (DT - NI)] --------------- DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Net Income for such year.

DIVISION BONUS. The Division Bonus, if any, payable on account of any calendar year shall be computed as follows: i. (i) if the Divisional Net Income for such year is an amount equal to the Division Target for such year, the Employee shall be entitled to a Division Bonus in the amount of $50,00035,000. (ii. ) if the Divisional Net Income for such year is more than the Division Target and less than 125% of the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 35,000 + [$50,000 35,000 x 2 x (NI - DT)] --------------- ------------- DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Net Income for such year. (iii. if ) If the Divisional Net Income for such year is equal to or greater than 125% or more of the Division Target, the Employee shall be entitled to a Division Bonus in the amount of $75,00052,500. (iv. if the Divisional Net Income for such year is equal to or less than 75% of the Division Target, the Employee shall not be entitled to a Division Bonus. v. if ) If the Divisional Net Income for such year is greater than 75% of the Division Target but less than the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 35,000 - [$50,000 35,000 x 4 x (DT - NI)] --------------- ------------ DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Net Income for such year. (v) If the Divisional Net Income for such year is equal to or less than 75% of the Division Target, the Employee shall not be entitled to a Division Bonus.

DIVISION BONUS. The Division Bonus, if any, payable on account of any calendar year shall be computed as follows: i. (i) if the Divisional Division Net Income for such year is an amount equal to the Division Target for such year, the Employee shall be entitled to a Division Bonus in the amount of $50,000. (ii. ) if the Divisional Division Net Income for such year is more than the Division Target and less than 125% of the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 + [$50,000 x 2 x X (NI - DT)] --------------- ------------- DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Division Net Income for such year. (iii. if ) If the Divisional Division Net Income for such year is equal to or greater than 125% or more of the Division Target, the Employee shall be entitled to a Division Bonus in the amount of $75,000. (iv. if the Divisional Net Income for such year is equal to or less than 75% of ) If the Division Target, the Employee shall not be entitled to a Division Bonus. v. if the Divisional Net Income for such year is greater than 75% of the Division Target but less than the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 - [$50,000 x 4 x X (DT - NI-NI)] --------------- ------------ DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Division Net Income for such year. (v) If the Division Net Income for such year is equal to or less than 75% of the Division Target, the Employee shall not be entitled to a Division Bonus.

DIVISION BONUS. The Division Bonus, if any, payable on account of any calendar year shall be computed as follows: i. (i) if the Divisional Net Income for such year is an amount equal to the Division Target for such year, the Employee shall be entitled to a Division Bonus in the amount of $50,00045,000. (ii. ) if the Divisional Net Income for such year is more than the Division Target and less than 125% of the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 45,000 + [$50,000 45,000 x 2 x (NI - DT)] --------------- ------------- DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Net Income for such year. (iii. if ) If the Divisional Net Income for such year is equal to or greater than 125% or more of the Division Target, the Employee shall be entitled to a Division Bonus in the amount of $75,00067,500. (iv. if the Divisional Net Income for such year is equal to or less than 75% of the Division Target, the Employee shall not be entitled to a Division Bonus. v. if ) If the Divisional Net Income for such year is greater than 75% of the Division Target but less than the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 - [$50,000 x 4 x (DT - NI)] --------------- DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Net Income for such year.:

DIVISION BONUS. The Division Bonus, if any, payable on account of any calendar year shall be computed as follows: i. (i) if the Divisional Net Income for such year is an amount equal to the Division Target for such year, the Employee shall be entitled to a Division Bonus in the amount of $50,00040,000. (ii. ) if the Divisional Net Income for such year is more than the Division Target and less than 125% of the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 40,000 + [$50,000 40,000 x 2 x (NI - DT)] --------------- ------------ DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Net Income for such year. (iii. if ) If the Divisional Net Income for such year is equal to or greater than 125% or more of the Division Target, the Employee shall be entitled to a Division Bonus in the amount of $75,00060,000. (iv. if the Divisional Net Income for such year is equal to or less than 75% of the Division Target, the Employee shall not be entitled to a Division Bonus. v. if ) If the Divisional Net Income for such year is greater than 75% of the Division Target but less than the Division Target, the Employee shall be entitled to a Division Bonus as calculated below: DB = $50,000 40,000 - [$50,000 40,000 x 4 x (DT - NI)] --------------- ------------ DT where: DB = the Division Bonus earned in such year. DT = the Division Target for such year. NI = Divisional Net Income for such year.: