Common use of Quarterly Bonuses Clause in Contracts

Quarterly Bonuses. During the Employment Period, Executive shall be eligible to participate in the Company’s incentive bonus plan applicable to the Company’s senior executives and to earn a target bonus of 58% of Base Salary paid during each quarter of a fiscal year (the “Target Bonus”), based on the attainment of Company budgeted EBITDA for each such quarter, as contained in the annual budget presented by executive management of the Company and approved by the Board or the Compensation Committee thereof (and for the remainder of 2008, to be agreed to and set forth on Exhibit A hereto no later than July 14, 2008). The amount of each Target Bonus will be increased or decreased by the same percentage that actual EBITDA is greater or less than budgeted EBITDA for a given fiscal quarter, provided that if actual EBITDA is less than 50% of budgeted EBITDA, no Target Bonus will be payable for such quarter. Any quarterly bonus shall be paid by the Company to Executive as soon as practicable following the quarter-end determination of such bonus, but in any event within thirty (30) days after the end of the fiscal quarter in which such bonus is earned, subject to and conditioned upon Executive’s continued employment with the Company through the date on which such bonus is paid (the “Bonus Payment Date”).

Quarterly Bonuses. During the Employment Period, Executive shall be eligible to participate in the Company’s incentive bonus plan applicable to the Company’s senior executives and to earn a target bonus of 5855% of Base Salary paid during each quarter of a fiscal year (the “Target Bonus”), based on the attainment of Company budgeted EBITDA for each such quarter, as contained in the annual budget presented by executive management of the Company and approved by the Board or the Compensation Committee thereof (and for the remainder of 2008, to be agreed to and set forth on Exhibit A hereto no later than July 14, 2008). The amount of each Target Bonus will be increased or decreased by the same percentage that actual EBITDA is greater or less than budgeted EBITDA for a given fiscal quarter, provided that if actual EBITDA is less than 50% of budgeted EBITDA, no Target Bonus will be payable for such quarter. Any quarterly bonus shall be paid by the Company to Executive as soon as practicable following the quarter-end determination of such bonus, but in any event within thirty (30) days after the end of the fiscal quarter in which such bonus is earned, subject to and conditioned upon Executive’s continued employment with the Company through the date on which such bonus is paid (the “Bonus Payment Date”).