Common use of ROAE Bonus Clause in Contracts

ROAE Bonus. For each Performance Period, the target amount of the ROAE Bonus will be equal to 75% of the Target Bonus, and the Executive shall be eligible to receive from zero to two times such target amount of ROAE Bonus. For purposes of the ROAE Bonus: · The “ROAE Target” shall be the greater of (x) the 2 Year Treasury Rate + 400 basis points or (y) 8%; provided that the ROAE Target shall not exceed 10%.

ROAE Bonus. For each Performance Period, the target amount of the ROAE Bonus will be equal to 7550% of the Target Bonus, and the Executive shall will be eligible to receive from zero 0% to two times 150% of such target amount of ROAE Bonus. For purposes of the ROAE Bonus: · The “ROAE Target” shall will be the greater of (x) the 2 Year Treasury Rate + 400 basis points or (y) 814%; provided that the ROAE Target shall will not exceed 1016%.

ROAE Bonus. For each Performance Period, the target amount of the ROAE Bonus will be equal to 75% of the Target Bonus, and the Executive shall be eligible to receive from zero to two times such target amount of ROAE BonusBonus based on the achievement of the threshold, target, and maximum ROAE performance goals established by the Compensation Committee for the Performance Period, which shall be established within ninety (90) days following commencement of the applicable Performance Period. For purposes If performance is between threshold and target goals or between target and maximum goals, the amount of the ROAE Bonus: · The “ROAE Target” shall Bonus will be the greater of (x) the 2 Year Treasury Rate + 400 basis points or (y) 8%; provided that the ROAE Target shall not exceed 10%determined by straight line interpolation.