Common use of Performance Plan Clause in Contracts

Performance Plan. In addition to the Base Salary, Employee shall be eligible to participate in the Company Performance Incentive Plan or another bonus plan or program maintained by the Company or an Affiliate (“Performance Plan”) to be determined annually by the Compensation Committee of the Board in its sole discretion. For purposes of this Agreement, “Bonus” means any annual bonus payable pursuant to the Performance Plan to Employee.

Performance Plan. In addition to the Base Salary, Employee shall be eligible to participate in the Company Performance Incentive Plan or another bonus plan or program maintained by the Company or an Affiliate Affiliate, including, but not limited to, the Short-Term Incentive Plan (collectively a “Performance Plan”) at set levels to be determined annually by the Compensation Committee of the Board in its sole discretion. For purposes of this Agreement, “Bonus” means any annual bonus payable pursuant to the Performance Plan to Employee.