Common use of Salary and Incentive Compensation Clause in Contracts

Salary and Incentive Compensation. The Company shall pay to Executive a salary from and after the Effective Date at the annual rate of $425,000 (the “Salary”). The Salary shall be paid in such installments and at such times in accordance with the Company’s standard payroll practices. The Salary shall be reviewed by the Board or, if applicable, the Compensation Committee (the “Committee”) of the Board of Managers of the Company (the “Board”) periodically in accordance with the Company’s normal compensation review practices for executive officers, in connection with which the Salary shall be subject to increases, but not decreases, at such times as shall be determined by the Committee in its discretion. Executive shall also be entitled to participate in the Focus Financial Partners, LLC Annual Cash Bonus Plan or any successor annual incentive plan (with annual target bonus opportunity to be set at 125% to 150% of Salary) and the Company’s Incentive Unit Plan or any successor equity-based compensation plan (with annual target equity incentive opportunities to be set at 125% to 150% of Salary, and the value of such Incentive Units to which Executive is entitled shall equal the cash bonus awarded to the Executive pursuant to the Company’s Annual Cash Bonus Plan (or a successor plan), applying the Black Scholes method consistent with the Company’s past practice to determine the corresponding number of Incentive Units to be issued to Executive for that annual period) adopted for each fiscal year for executive officers as determined by the Committee, subject to the normal review practices and procedures of the Committee. As of the Effective Date, the Incentive Units previously granted to Executive and identified on Exhibit B shall be deemed fully vested notwithstanding the terms of any of the respective Incentive Unit Agreements governing any of the Incentive Units. The Company shall deduct or cause to be deducted from the Salary, bonuses and other compensation payable to Executive all taxes and amounts required by law to be withheld.

Salary and Incentive Compensation. The Company shall pay to Executive a salary from and after the Effective Date at the annual rate of $425,000 (the “Salary”). The Salary shall be paid in such installments and at such times in accordance with the Company’s standard payroll practices. The Salary shall be reviewed by the Board or, if applicable, the Compensation Committee (the “Committee”) of the Board of Managers of the Company (the “Board”) periodically in accordance with the Company’s normal compensation review practices for executive officers, in connection with which the Salary shall be subject to increases, but not decreases, at such times as shall be determined by the Committee in its discretion. Executive shall also be entitled to participate in the Focus Financial Partners, LLC Annual Cash Bonus Plan or any successor annual incentive plan (with annual target bonus opportunity to be set at 125% to 150% of Salary) and the Company’s Incentive Unit Plan or any successor equity-based compensation plan (with annual target equity incentive opportunities to be set at 125% to 150% of Salary, and the value of such Incentive Units to which Executive is entitled shall equal the cash bonus awarded to the Executive pursuant to the Company’s Annual Cash Bonus Plan (or a successor plan), applying the Black Scholes method consistent with the Company’s past practice to determine the corresponding number of Incentive Units to be issued to Executive for that annual period) adopted for each fiscal year for executive officers as determined by the Committee, subject to the normal review practices and procedures of the Committee. As of the Effective Date, the Incentive Units previously granted to Executive and identified on Exhibit B shall be deemed fully vested notwithstanding the terms of any of the respective Incentive Unit Agreements governing any of the Incentive Units. The Company shall deduct or cause to be deducted from the Salary, bonuses and all other compensation payable to Executive all taxes and amounts required by law to be withheld.

Salary and Incentive Compensation. The Company shall pay to Executive a salary from and after the Effective Date at the annual rate of $425,000 475,000 (the “Salary”). The Salary shall be paid in such installments and at such times in accordance with the Company’s standard payroll practices. The Salary shall be reviewed by the Board or, if applicable, the Compensation Committee (the “Committee”) of the Board of Managers of the Company (the “Board”) periodically in accordance with the Company’s normal compensation review practices for executive officers, in connection with which the Salary shall be subject to increases, but not decreases, at such times as shall be determined by the Committee in its discretion. Executive shall also be entitled to participate in the Focus Financial Partners, LLC Annual Cash Bonus Plan or any successor annual incentive plan (with annual target bonus opportunity to be set at 125% to 150% of Salary) and the Company’s Incentive Unit Plan or any successor equity-based compensation plan (with annual target equity incentive opportunities to be set at 125% to 150% of Salary, and the value of such Incentive Units to which Executive is entitled shall equal the cash bonus awarded to the Executive pursuant to the Company’s Annual Cash Bonus Plan (or a successor plan), applying the Black Scholes method consistent with the Company’s past practice to determine the corresponding number of Incentive Units to be issued to Executive for that annual period) adopted for each fiscal year for executive officers as determined by the Committee, subject to the normal review practices and procedures of the Committee. As of the Effective Date, the Incentive Units previously granted to Executive and identified on Exhibit B shall be deemed fully vested notwithstanding the terms of any of the respective Incentive Unit Agreements governing any of the Incentive Units. The Company shall deduct or cause to be deducted from the Salary, bonuses and other compensation payable to Executive all taxes and amounts required by law to be withheld.

Salary and Incentive Compensation. The Company shall pay to Executive a salary from and after the Effective Date at the annual rate of $425,000 800,000 (the “Salary”). The Salary shall be paid in such installments and at such times in accordance with the Company’s standard payroll practices. The Salary shall be reviewed by the Board or, if applicable, the Compensation Committee of the Board (such body, the “Committee”) of the Board of Managers of the Company (the “Board”) periodically in accordance with the Company’s normal compensation review practices for executive officers, in connection with which the Salary shall be subject to increases, but not decreases, at such times as shall be determined by the Committee in its discretion. Executive shall also be entitled to participate in the Focus Financial Partners, LLC Annual Cash Bonus Plan or any successor annual incentive plan (with annual target bonus opportunity to be set at 125150% to 150200% of Salary) and the Company’s Incentive Unit Plan or any successor equity-based compensation plan (with annual target equity incentive opportunities to be set at 125150% to 150200% of Salary, and the value of such Incentive Units to which Executive is entitled shall equal the cash bonus awarded to the Executive pursuant to the Company’s Annual Cash Bonus Plan (or a successor plan), applying the Black Scholes method consistent with the Company’s past practice to determine the corresponding number of Incentive Units to be issued to Executive for that annual period) adopted for each fiscal year for executive officers as determined by the Committee, subject to the normal review practices and procedures of the Committee. As of the Effective Date, the Incentive Units previously granted to Executive and identified on Exhibit B shall be deemed fully vested notwithstanding the terms of any of the respective Incentive Unit Agreements governing any of the Incentive Units. The Company shall deduct or cause to be deducted from the Salary, bonuses and other compensation payable to Executive all taxes and amounts required by law to be withheld.

Salary and Incentive Compensation. The Company shall pay to Executive a salary from and after the Effective Date at the annual rate of $425,000 530,000 (the “Salary”). The Salary shall be paid in such installments and at such times in accordance with the Company’s standard payroll practices. The Salary shall be reviewed by the Board or, if applicable, the Compensation Committee (the “Committee”) of the Board of Managers of the Company (the “Board”) periodically in accordance with the Company’s normal compensation review practices for executive officers, in connection with which the Salary shall be subject to increases, but not decreases, at such times as shall be determined by the Committee in its discretion. Executive shall also be entitled to participate in the Focus Financial Partners, LLC Annual Cash Bonus Plan or any successor annual incentive plan (with annual target bonus opportunity to be set at 125150% to 150200% of Salary) and the Company’s Incentive Unit Plan or any successor equity-based compensation plan (with annual target equity incentive opportunities to be set at 125150% to 150200% of Salary, and the value of such Incentive Units to which Executive is entitled shall equal the cash bonus awarded to the Executive pursuant to the Company’s Annual Cash Bonus Plan (or a successor plan), applying the Black Scholes method consistent with the Company’s past practice to determine the corresponding number of Incentive Units to be issued to Executive for that annual period) adopted for each fiscal year for executive officers as determined by the Committee, subject to the normal review practices and procedures of the Committee. As of the Effective Date, the Incentive Units previously granted to Executive and identified on Exhibit B shall be deemed fully vested notwithstanding the terms of any of the respective Incentive Unit Agreements governing any of the Incentive Units. The Company shall deduct or cause to be deducted from the Salary, bonuses and other compensation payable to Executive all taxes and amounts required by law to be withheld.