Individual Portion Sample Clauses

Individual Portion. The Employee’s performance and the performance of the business shall be reviewed at the end of each operating year and compared to such goals as are set forth in the business plan for that year as approved by the Board (the “Business Plan”). If the Employee’s personal performance is in conformance with Company policy and with the Employee’s past levels of performance, and if Employee has met the expectations of the Compensation Committee of the Board of Directors, a bonus equal to no less than $250,000 shall be paid to him (the “Individual Portion” of the Management Bonus).