Common use of Long-Term Incentive Plan Awards Clause in Contracts

Long-Term Incentive Plan Awards. The Employee will be entitled to earn long-term incentive bonus awards payable in accordance with a plan established by the Board or the Compensation and Organization Committee (the "Long-Term Bonus"). The Employee will be eligible to earn a Long-Term Bonus during the Employment Period on the basis of the achievement of performance goals during a three-year performance period. The Board will set, on or before the 90th day of such fiscal year, the performance goals to be achieved during the performance period that is then commencing in order for the Employee to earn all or a specified portion of his Long-Term Bonus. The Long-Term Bonus amount that may be earned by the Employee will be set at 35% of the Employee's then-current Annual Base Salary.

Long-Term Incentive Plan Awards. The Employee will be entitled to earn long-term incentive bonus awards payable in accordance with a plan established by the Board or the Compensation and Organization Committee (the "“Long-Term Bonus"”). The Employee will be eligible to earn a Long-Term Bonus during the Employment Period on the basis of the achievement of performance goals during a three-year performance period. The Board will set, on or before the 90th day of such fiscal year, the performance goals to be achieved during the performance period that is then commencing in order for the Employee to earn all or a specified portion of his Long-Term Bonus. The Long-Term Bonus amount that may be earned by the Employee will be set at 35% of the Employee's ’s then-current Annual Base Salary.

Long-Term Incentive Plan Awards. The Employee will be entitled to earn long-term incentive bonus awards payable in accordance with a plan established by the Board or the Compensation and Organization Committee (the "“Long-Term Bonus"”). The Employee will be eligible to earn a Long-Term Bonus during the Employment Period on the basis of the achievement of performance goals during a three-year performance period. The Board will set, on or before the 90th day of such fiscal year, the performance goals to be achieved during the performance period that is then commencing in order for the Employee to earn all or a specified portion of his Long-Term Bonus. The Long-Term Bonus amount that may be earned by the Employee will be set at 35% of the Employee's ’s then-current Annual Base Salary, beginning with the fiscal 2006 - 2009 performance period.