Common use of Profit/Loss Incentive Compensation Clause in Contracts

Profit/Loss Incentive Compensation. You shall be entitled to receive Profit/Loss Incentive Compensation in the amount of $5,000 during the first year of this Agreement, in the event the Company achieves net operating losses of not more than $2,212,000 for the period commencing on January 1, 1996 and ending on December 31, 1996. Profit/Loss Incentive Compensation shall be paid within 90 days after the end of each fiscal year of the Company. Profit/Loss goals for fiscal year 1997 and thereafter shall be mutually agreed in good faith by you and the Chairman and CEO. EXHIBIT B OUTSIDE EMPLOYMENTS AND DIRECTORSHIPS OF Xxxxxx X. Xxxxxxx NONE EXHIBIT C ---------------------------------- CONFIDENTIAL INFORMATION AGREEMENT ---------------------------------- As of September 30, 1996 To: Nexar Technologies Incorporated The undersigned, in consideration of and as a condition of my employment or continued employment by you and/or by companies which you own, control, or are affiliated with or their successors in business (collectively, the "Company"), hereby agrees as follows:

Profit/Loss Incentive Compensation. You shall be entitled to receive Profit/Loss Incentive Compensation in the amount of $5,000 10,000 during the first year of this Agreement, in the event the Company achieves net operating losses of not more than ($2,212,000 300,000) for the period commencing on January May 1, 1996 1995 and ending on December 31, 19961995. Profit/Loss Incentive Compensation shall be paid within 90 days after the end of each fiscal year of the Company. Profit/Loss goals for fiscal year 1997 1996 and thereafter shall be mutually agreed in good faith by you and the Chairman and CEOPresident. EXHIBIT B OUTSIDE EMPLOYMENTS AND DIRECTORSHIPS OF Xxxxxx X. Xxxxxxx Xxxxx, Xx. NONE EXHIBIT C ---------------------------------- CONFIDENTIAL INFORMATION AGREEMENT ---------------------------------- As of September 30April __, 1996 1995 To: Nexar Technologies Incorporated Dynasys Systems Corporation The undersigned, in consideration of and as a condition of my employment or continued employment by you and/or by companies which you own, control, or are affiliated with or their successors in business (collectively, the "Company"), hereby agrees as follows:

Profit/Loss Incentive Compensation. You shall be entitled to receive Profit/Loss Incentive Compensation in the amount of $5,000 13,000 during the first year of this Agreement, in the event the Company achieves net operating losses of not more than ($2,212,000 300,000) for the period commencing on January 1_____________, 1996 1995 and ending on December 31, 19961995. Profit/Loss Incentive Compensation shall be paid within 90 days after the end of each fiscal year of the Company. Profit/Loss goals for fiscal year 1997 1996 and thereafter shall be mutually agreed in good faith by you and the Chairman and CEOPresident. EXHIBIT B OUTSIDE EMPLOYMENTS AND DIRECTORSHIPS OF Xxxxxx X. Xxxxxxx Michael J. Paciello NONE EXHIBIT C ---------------------------------- CONFIDENTIAL INFORMATION AGREEMENT ---------------------------------- As of September 30________ __, 1996 1995 To: Nexar Technologies Incorporated Dynasys Systems Corporation The undersigned, in consideration of and as a condition of my employment or continued employment by you and/or by companies which you own, control, or are affiliated with or their successors in business (collectively, the "Company"), hereby agrees as follows:

Profit/Loss Incentive Compensation. You shall be entitled to receive Profit/Loss Incentive Compensation in the amount of $5,000 50,000 during the first year of this Agreement, in the event the Company achieves net operating losses of not more than ($2,212,000 300,000) for the period commencing on January July 1, 1996 1995 and ending on December 31, 19961995. Profit/Loss Incentive Compensation shall be paid within 90 days after the end of each fiscal year of the Company. Profit/Loss goals for fiscal year 1997 1996 and thereafter shall be mutually agreed in good faith by you and the Chairman and CEOBoard. EXHIBIT B OUTSIDE EMPLOYMENTS AND DIRECTORSHIPS OF Xxxxxx X. Xxxxxxx Xxxxx NONE EXHIBIT C ---------------------------------- CONFIDENTIAL INFORMATION AGREEMENT ---------------------------------- As of September 30April __, 1996 1995 To: Nexar Technologies Incorporated Dynasys Systems Corporation The undersigned, in consideration of and as a condition of my employment or continued employment by you and/or by companies which you own, control, or are affiliated with or their successors in business (collectively, the "Company"), hereby agrees as follows: