Common use of Incentive Based Compensation Clause in Contracts

Incentive Based Compensation. You are eligible for an annual target cash bonus (“Target Bonus”) equal to 35% of your Base Salary. Your target bonus as a percentage of Base Salary may, at the discretion of the Board, be periodically reviewed for increase. After any such increase, the term “Target Bonus” as used herein shall thereafter refer to the increased amount. The Target Bonus shall not be reduced at any time without your express prior written consent.

Incentive Based Compensation. You are eligible for an annual target cash bonus (“Target Bonus”) equal to 3550% of your Base Salary. Your target bonus as a percentage of Base Salary may, at the discretion of the Board, be periodically reviewed for increase. After any such increase, the term “Target Bonus” as used herein shall thereafter refer to the increased amount. The Target Bonus shall not be reduced at any time without your express prior written consent.

Incentive Based Compensation. You are eligible for an annual target cash bonus (“Target Bonus”) equal to 3550% of your Base Salary. Your target bonus as a percentage of Base Salary may, at the discretion of the Board, be periodically reviewed for increase. After any such increase, the term “Target Bonus” as used herein shall thereafter refer to the increased amount. The Target Bonus opportunity shall not be reduced at any time without your express prior written consent.

Incentive Based Compensation. You are eligible for an annual target cash bonus (“Target Bonus”) equal to 3540% of your Base Salary. Your target bonus as a percentage of Base Salary may, at the discretion of the Board, be periodically reviewed for increase. After any such increase, the term “Target Bonus” as used herein shall thereafter refer to the increased amount. The Target Bonus shall not be reduced at any time without your express prior written consent.