Common use of Incentive Award Clause in Contracts

Incentive Award. Return On Equity (the “XXX”) determined as of December 31 of each calendar year shall determine the Executive’s Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company’s Board of Directors. The Incentive Award is calculated annually by taking the Executive’s Base Salary for the calendar year in which the XXX was calculated times the Incentive Award Percentage.

Incentive Award. Return On Equity (the “XXX”) Earnings determined as of December 31 of each calendar year shall determine the ExecutiveDirector’s Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company’s Board of Directors. The Incentive Award is calculated annually by taking the ExecutiveDirector’s Base Salary Annual Fees for the calendar year in which the XXX was and Earnings were calculated times the Incentive Award Percentage.

Incentive Award. Return On Equity (the “XXX”"ROE") and Earnings Growth determined as of December 31 of each calendar year plan yxxx shall determine the Executive’s Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company’s 's Board of Directors. The Incentive Award is calculated annually by taking the Executive’s Base Salary Director's Annual Fees for the calendar year Plan Year in which the XXX ROE and Earnings Growth was calculated times the Incentive Award PercentageAwarx Xercentage.