Common use of Incentive and Bonus Compensation Clause in Contracts

Incentive and Bonus Compensation. If an incentive or bonus compensation program is made available to executives of the Company generally and the Executive is not then covered by any incentive or bonus compensation program, the Executive shall be entitled during the term hereof to participate in such program in accordance with the terms thereof, as such terms may be modified or amended by the Company from time to time; provided that the maximum bonus opportunity for the Executive under any such program shall be not less than thirty percent (30%) of the Base Salary; and provided further, however, that nothing contained herein shall obligate the Company to adopt or continue such an incentive or bonus compensation program. In the absence of such a program, however, the Executive shall be considered annually by the Board for a bonus of up to thirty percent (30%) of the Base Salary, based on the assessment of the Board, in consultation with the President and CEO and in its discretion, of the Executive's performance and that of the Company against appropriate and reasonably obtainable goals established annually by the Compensation Committee of the Board in consultation with the Executive and the President and CEO; which bonus, if any, shall be payable not later than the end of the first quarter of the fiscal year following that for which the bonus was earned. Any bonus or incentive compensation paid to the Executive shall be in addition to the Base Salary.

Incentive and Bonus Compensation. If an incentive or bonus compensation program is made available to executives of the Company generally and the Executive is not then covered by any incentive or bonus compensation program, the Executive shall be entitled during the term hereof to participate in such program in accordance with the terms thereof, as such terms may be modified or amended by the Company from time to time; provided that the maximum bonus opportunity for the Executive under any such program shall be not less than thirty percent (30%) of the Base Salary; and provided further, however, that nothing contained herein shall obligate the Company to adopt or continue such an incentive or bonus compensation program. In the absence of such a program, however, the Executive shall be considered annually by the Board for a bonus of up to thirty percent (30%) of the Base Salary, based on the assessment of the Board, in consultation with the President and CEO Senior Executive and in its discretion, of the Executive's performance and that of the Company against appropriate and reasonably obtainable goals established annually by the Compensation Committee of the Board in consultation with the Executive and the President and CEOSenior Executive; which bonus, if any, shall be payable not later than the end of the first quarter of the fiscal year following that for which the bonus was earned. Any bonus or incentive compensation paid to the Executive shall be in addition to the Base Salary.

Incentive and Bonus Compensation. If an incentive or bonus -------------------------------- compensation program is made available to executives of the Company generally and the Executive is not then covered by any incentive or bonus compensation program, the Executive shall be entitled during the term hereof to participate in such program in accordance with the terms thereof, as such terms may be modified or amended by the Company from time to time; provided that the maximum bonus opportunity for the Executive under any such program shall be not less than thirty percent (30%) of the Base Salary; and provided further, however, that nothing contained herein shall obligate the Company to adopt or continue such an incentive or bonus compensation program. In the absence of such a program, however, the Executive shall be considered annually by the Board for a bonus of up to thirty percent (30%) of the Base Salary, based on the assessment of the Board, in consultation with the President and CEO and in its discretion, of the Executive's performance and that of the Company against appropriate and reasonably obtainable goals established annually by the Compensation Committee of the Board in consultation with the Executive and the President and CEO; which bonus, if any, shall be payable not later than the end of the first quarter of the fiscal year following that for which the bonus was earned. Any bonus or incentive compensation paid to the Executive shall be in addition to the Base Salary.

Incentive and Bonus Compensation. If an incentive or bonus -------------------------------- compensation program is made available to executives of the Company generally and the Executive is not then covered by any incentive or bonus compensation program, the Executive shall be entitled during the term hereof to participate in such program in accordance with the terms thereof, as such terms may be modified or amended by the Company from time to time; provided that the maximum bonus opportunity for the Executive under any such program shall be not less than thirty percent (30%) of the Base Salary; and provided further, however, that nothing contained herein shall obligate the Company to adopt or continue such an incentive or bonus compensation program. In the absence of such a program, however, the Executive shall be considered annually by the Board for a bonus of up to thirty percent (30%) of the Base Salary, based on the assessment of the Board's assessment, in consultation with the President and CEO and in its discretion, of the Executive's performance and that of the Company against appropriate and reasonably obtainable goals established annually by the Compensation Committee of the Board in consultation with the Executive and the President and CEOExecutive; which bonus, if any, shall be payable not later than the end of the first quarter of the fiscal year following that for which the bonus was earned. Any bonus or incentive compensation paid to the Executive shall be in addition to the Base Salary.