Common use of Salary Incentive Plan Clause in Contracts

Salary Incentive Plan. The Company covenants and agrees that it shall, commencing with the pay period ending June 30, 2010, implement a salary incentive plan in accordance with the terms and provisions of Schedule 6.3 hereof for each of the executive officers and employees listed on such schedule in the amounts set forth next to such individual’s name on such schedule (the “2010 Salary Incentive Plan” or “Plan”). The Plan shall remain in effect until the Company has satisfied one of the revenue tests set forth on Schedule 6.3 and it is terminated in accordance with its terms. Fifty percent (50%) of the initial awards of restricted shares under the Plan will vest on December 31, 2010 and the remaining fifty percent (50%) will vest on June 30, 2011, provided, in each case, the participant remains employed by the Company through that date.