Common use of Performance Compensation Clause in Contracts

Performance Compensation. Employee will be eligible to receive an annual bonus of a minimum of 10% and a maximum of 100% of the then applicable base salary, less applicable withholding taxes, upon achievement of annual performance objectives to be determined in good faith by the Compensation Committee or the Board and the Employee, which objectives for the first year of this Agreement will be established within thirty (30) days of the Effective Date. Objectives for subsequent years will be determined as set forth herein within thirty (30) days of each anniversary of this Agreement. Bonus payments will be paid to the Employee not later than thirty (30) days following achievement of annual performance objectives, but in no event later than thirty (30) days following each anniversary of this Agreement. At the option of the Employee, such bonus payments may be paid in cash or in shares of common stock of the Company at the fair market value on the date the bonus is earned.

Performance Compensation. Employee will be eligible to receive an annual bonus of a minimum of 100% and a maximum of 100% of the then applicable base salary, less applicable withholding taxes, upon achievement of annual performance objectives to be determined in good faith by the Compensation Committee or the Board and the Employee, which objectives for the first year of this Agreement will be established within thirty (30) days of the Effective Date. Objectives for subsequent years will be determined as set forth herein within thirty (30) days of each anniversary of this Agreement. Bonus payments will be paid to the Employee not later than thirty (30) days following achievement of annual performance objectives, but in no event later than thirty (30) days following each anniversary of this Agreement. At the option of the Employee, such bonus payments may be paid in cash or in shares of common stock of the Company at the fair market value on the date the bonus is earned.

Performance Compensation. Employee Service Provider will be eligible to receive an annual bonus of a minimum of 10% and a maximum of 100% of the then applicable base salary, less applicable withholding taxes, cash compensation upon achievement of annual performance objectives to be determined in good faith by the Compensation Committee or the Board of Directors of the Company and the EmployeeService Provider, which objectives for the first year of this Agreement will be established within thirty (30) days of the Effective Date. Objectives for subsequent years will be determined as set forth herein within thirty (30) days of each anniversary of this Agreement. Bonus payments will be paid to the Employee Service Provider not later than thirty (30) days following achievement of annual performance objectives, but in no event later than thirty (30) days following each anniversary of this Agreement. At the option of the EmployeeService Provider, such bonus payments may be paid in cash or in shares of common stock of the Company at the fair market value on the date the bonus is earned.

Performance Compensation. Employee will be eligible to receive an annual bonus of a minimum of 105% and a maximum of 100% of the then applicable base salary, less applicable withholding taxes, upon achievement of annual performance objectives to be determined in good faith by the Compensation Committee or the Board and the Employee, which objectives for the first year of this Agreement will be established within thirty (30) days of the Effective Date. Objectives for subsequent years will be determined as set forth herein within thirty (30) days of each anniversary of this Agreement. Bonus payments will be paid to the Employee not later than thirty (30) days following achievement of annual performance objectives, but in no event later than thirty (30) days following each anniversary of this Agreement. At the option of the Employee, such bonus payments may be paid in cash or in shares of common stock of the Company at the fair market value on the date the bonus is earned.