Common use of Short-Term Incentive Awards Clause in Contracts

Short-Term Incentive Awards. (i) Employee shall be eligible for a short-term incentive award in respect of each fiscal year or partial fiscal year, as the case may be, during the Term of Employment in accordance with this Section 4(b) and Exhibit A hereto (the “STI Award”). If earned, the STI Award shall be paid no later than February 15th of each year with respect to the preceding fiscal year.

Short-Term Incentive Awards. (i) Employee shall be eligible for a an annual short-term incentive award determined by the Compensation Committee in respect of each fiscal year (or partial fiscal year, as the case may be, ) during the Term of Employment (the “STI Award”) in accordance with this Section 4(b) and Exhibit A hereto (the ). The intended target “STI Award”)” shall be up to 175% of Base Salary, and shall be tied directly to performance. If earned, the The STI Award shall be paid as soon as practicable following the last day of the fiscal year, but in no event later than February 15th of each year with respect one day prior to the preceding date that is 2 1/2 months following the last day of the fiscal year.

Short-Term Incentive Awards. (i) Employee shall be eligible for a an annual short-term incentive award determined in respect of each fiscal year or partial fiscal year, as the case may be, during the Term of Employment in accordance with this Section 4(b) and Exhibit A hereto (the “STI Award”). If earned, the The target STI Award for each fiscal year shall be paid no later than February 15th 75% of each year Base Salary, with respect to the preceding fiscal yeara minimum STI Award of 0% of Base Salary and a maximum STI Award of 150% of Base Salary.

Short-Term Incentive Awards. (i) Employee shall be eligible for a short-term incentive award in respect of each fiscal year or partial fiscal year, as the case may be, during the Term term of Employment employment in accordance with this Section 4(b) and Exhibit A hereto (the “STI Award”). If earned, the STI Award shall be paid no later than February 15th of each year with respect to the preceding fiscal year.