Common use of Incentive Bonus Compensation Clause in Contracts

Incentive Bonus Compensation. For services rendered by the Employee under this Agreement, the Company, by action of the Board of Directors, shall establish an annual executive incentive bonus plan in which the Employee shall participate in recognition of the Employee's contribution to the overall performance of the Company (“Bonus”). Such Bonus shall be granted within ninety (90) days following the conclusion of each calendar year commencing December 31, 2005, after assessment of the Employee’s and Company’s performance pursuant to the criteria, terms and conditions of the bonus plan. The amount of any Bonus, which the Company may grant to the Employee from time to time shall be in addition to his Base Salary and shall, under no circumstances, be included in the Employee's Base Salary.

Incentive Bonus Compensation. For services rendered by the Employee under this Agreement, the Company, by action of the Board of Directors, shall establish an annual executive incentive bonus plan in which the Employee shall participate in recognition of the Employee's contribution to the overall performance of the Company (“"Bonus”"). Such Bonus shall be granted within ninety (90) days following the conclusion of each calendar year commencing December 31, 20051999, after assessment of the Employee’s 's and Company’s 's performance pursuant to the criteria, terms and conditions of the bonus planplan to be established. The amount of any Bonus, which the Company may grant to the Employee from time to time shall be in addition to his Base Salary and shall, under no circumstances, be included in the Employee's Base Salary.

Incentive Bonus Compensation. For services rendered by the Employee under this Agreement, the Company,, by action of the Board of Directors, shall establish an annual executive incentive bonus plan in which the Employee shall participate in recognition of the Employee's contribution to the overall performance of performanc eof the Company (“"Bonus”"). Such Bonus shall be granted within ninety (90) days following the conclusion of each calendar year commencing December 31, 20051999, after assessment of the Employee’s 's and Company’s 's performance pursuant to the criteria, terms and conditions of the bonus planplan to be established. The amount of any Bonus, which the Company may grant to the Employee from time to time shall be in addition to his Base Salary and shall, under no circumstances, be included in the int eh Employee's Base Salary.

Incentive Bonus Compensation. For services rendered by the Employee under this Agreement, the Company, by action of the Board of Directors, shall establish an annual executive incentive bonus plan in which the Employee shall participate in recognition of the Employee's contribution to the overall performance of the Company (“Bonus”). Such Bonus shall be granted within ninety (90) days following the conclusion of each calendar year commencing December 31, 20052007, after assessment of the Employee’s and Company’s performance pursuant to the criteria, terms and conditions of the bonus plan. The amount of any Bonus, which the Company may grant to the Employee from time to time shall be in addition to his Base Salary and shall, under no circumstances, be included in the Employee's Base Salary.

Incentive Bonus Compensation. For services rendered by the Employee under this Agreement, the Company,, by action of the Board of Directors, shall establish an annual executive incentive bonus plan in which the Employee shall participate in recognition of the Employee's contribution to the overall performance of the Company (“"Bonus”"). Such Bonus shall be granted within ninety (90) days following the conclusion of each calendar year commencing December 31, 20051999, after assessment of the Employee’s 's and Company’s 's performance pursuant to the criteria, terms and conditions of the bonus planplan to be established. The amount of any Bonus, which the Company may grant to the Employee from time to time shall be in addition to his Base Salary and shall, under no circumstances, be included in the Employee's Base Salary.