Common use of Plan Bonus Clause in Contracts

Plan Bonus. With respect to each Fiscal Year of the Company falling in whole or in part during Executive’s employment following the Effective Date, Executive shall be entitled to receive a bonus pursuant to this Agreement in an amount determined in accordance with, and subject to all of the terms of, the Pall Corporation 2004 Executive Incentive Bonus Plan as it may be amended from time to time, a copy of which is annexed hereto and incorporated herein by reference (the “Bonus Plan”). Words and terms used herein with initial capital letters and not defined herein are used herein as defined in the Bonus Plan. For purposes of determining the amount of the bonus payable to Executive for any Fiscal Year under the Bonus Plan (the “Plan Bonus”), Executive’s Target Bonus Percentage shall be 105% for such Fiscal Year.

Plan Bonus. With respect to each Fiscal Year of the Company falling in whole or in part during Executive’s employment following the Effective Date, Executive shall be entitled to receive a bonus pursuant to this Agreement in an amount determined in accordance with, and subject to all of the terms of, the Pall Corporation 2004 Executive Incentive Bonus Plan as it may be amended from time to time, a copy of which is annexed hereto and incorporated herein by reference (the “Bonus Plan”). Words and terms used herein with initial capital letters and not defined herein are used herein as defined in the Bonus Plan. For purposes of determining the amount of the bonus payable to Executive for any Fiscal Year under the Bonus Plan (the “Plan Bonus”), Executive’s Target Bonus Percentage shall be 105112.5% for such Fiscal Year.