Common use of Short-Term Incentive Compensation Clause in Contracts

Short-Term Incentive Compensation. The Employee shall receive an annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 75% of the Base Amount plus, for each increase of 1/25th of the difference between the Operating Target and the Maximum Operating Target, an additional 3.00% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 75% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.25% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year, 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold Operating Target and the Minimum Operating Target, an additional 1.0% of the Base Amount; and (g) if the Operating Result for such year is equal to the Threshold Operating Target for such year, 20% of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of the Annual Bonus based upon the Employer's judgment of Employee's overall contribution to the Employer's business results.

Short-Term Incentive Compensation. The Employee shall receive an ----------------------------------- annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150125% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 7565% of the Base Amount plus, for each increase of 1/25th 1/25 of the difference between the Operating Target and the Maximum Operating Target, an additional 3.002.40% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 7565% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th 1/20 of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.251.75% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year, 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold Operating Target and the Minimum Operating Target, an additional 1.0% of the Base Amount; and (g) if the Operating Result for such year is equal to the Threshold Operating Target for such year, 20% of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of the Annual Bonus based upon the Employer's judgment of Employee's overall contribution to the Employer's business results. No Annual Bonus shall be paid if the Operating Result is less than the Minimum Operating Target for such year. The "Operating Target", the "Maximum Operating Target" and the "Minimum Operating Target" in any year shall be jointly established by the Chief Executive Officer of the Employer and Employer's Board. The "Operating Result" for any year shall be equal to the annual financial results for the components that make up the Operating Target as of December 31 in such year, using United States generally accepted accounting principles consistently applied and taking into account such other factors as may be approved by Employer's Board. The Annual Bonus, if any, shall be paid as soon as practicable after the close of the year for which the Annual Bonus is payable, unless the Employee elects to defer such amounts under the terms of any deferred compensation or savings plan maintained or established by the Employer or Group.

Short-Term Incentive Compensation. The Employee shall receive an ----------------------------------- annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150140% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 7570% of the Base Amount plus, for each increase of 1/25th 1/25 of the difference between the Operating Target and the Maximum Operating Target, an additional 3.002.80% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 7570% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th 1/20 of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.252.00% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year, 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold Operating Target and the Minimum Operating Target, an additional 1.0% of the Base Amount; and (g) if the Operating Result for such year is equal to the Threshold Operating Target for such year, 20% of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of the Annual Bonus based upon the Employer's judgment of Employee's overall contribution to the Employer's business results. No Annual Bonus shall be paid if the Operating Result is less than the Minimum Operating Target for such year. The "Operating Target", the "Maximum Operating Target" and the "Minimum Operating Target" in any year shall be jointly established by the Chief Executive Officer of the Employer and Employer's Board. The "Operating Result" for any year shall be equal to the annual financial results for the components that make up the Operating Target as of December 31 in such year, using United States generally accepted accounting principles consistently applied and taking into account such other factors as may be approved by Employer's Board. The Annual Bonus, if any, shall be paid as soon as practicable after the close of the year for which the Annual Bonus is payable, unless the Employee elects to defer such amounts under the terms of any deferred compensation or savings plan maintained or established by the Employer or Group.

Short-Term Incentive Compensation. The Employee shall receive an annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150125% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 7565% of the Base Amount plus, for each increase of 1/25th 1/25 of the difference between the Operating Target and the Maximum Operating Target, an additional 3.002.40% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 7565% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th 1/20 of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.251.75% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year, 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold Operating Target and the Minimum Operating Target, an additional 1.0% of the Base Amount; and (g) if the Operating Result for such year is equal to the Threshold Operating Target for such year, 20% of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of the Annual Bonus based upon the Employer's judgment of Employee's overall contribution to the Employer's business results. No Annual Bonus shall be paid if the Operating Result is less than the Minimum Operating Target for such year. The "Operating Target", the "Maximum Operating Target" and the "Minimum Operating Target" in any year shall be jointly established by the Chief Executive Officer of the Employer and Employer's Board. The "Operating Result" for any year shall be equal to the annual financial results for the components that make up the Operating Target as of December 31 in such year, using United States generally accepted accounting principles consistently applied and taking into account such other factors as may be approved by Employer's Board. The Annual Bonus, if any, shall be paid as soon as practicable after the close of the year for which the Annual Bonus is payable, unless the Employee elects to defer such amounts under the terms of any deferred compensation or savings plan maintained or established by the Employer or Group.

Short-Term Incentive Compensation. The Employee shall receive an annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150125% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 7565% of the Base Amount plus, for each increase of 1/25th 1/25 of the difference between the Operating Target and the Maximum Operating Target, an additional 3.002.40% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 7565% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th 1/20 of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.251.75% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year, 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold Operating Target and the Minimum Operating Target, an additional 1.0% of the Base Amount; and (g) if the Operating Result for such year is equal to the Threshold Operating Target for such year, 20% of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of the Annual Bonus based upon the Employer's judgment of Employee's overall contribution to the Employer's business results.. No Annual Bonus shall be paid if the Operating Result is less than the Minimum Operating Target for such year. The "Operating Target", the "Maximum Operating Target" and the "Minimum Operating Target" in any year shall be jointly established by the Chief Executive Officer of the Employer and Employer's Board. The "Operating Result" for any year shall be equal to the annual financial results for the components that make up the Operating Target as of December 31 in such year, using United States generally accepted accounting principles consistently applied and taking into account such other factors as may be approved by Employer's Board. The Annual Bonus, if any, shall be paid as soon as

Short-Term Incentive Compensation. The Employee shall receive an annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150140% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 7570% of the Base Amount plus, for each increase of 1/25th 1/25 of the difference between the Operating Target and the Maximum Operating Target, an additional 3.002.8% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 7570% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th 1/20 of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.252.0% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) . No Annual Bonus shall be paid if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year. The "Operating Target", 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold "Maximum Operating Target Target" and the "Minimum Operating Target, an additional 1.0% " in any year shall be jointly established by the Chief Executive Officer of the Base Amount; and (g) if the Employer and Employer's Board. The "Operating Result Result" for such any year is shall be equal to the Threshold annual financial results for the components that make up the Operating Target for as of December 31 in such year, 20% using United States generally accepted accounting principles consistently applied and taking into account such other factors as may be approved by Employer's Board. The Annual Bonus, if any, shall be paid as soon as practicable after the close of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of year for which the Annual Bonus based upon is payable, unless the Employer's judgment Employee elects to defer such amounts under the terms of Employee's overall contribution to any deferred compensation or savings plan maintained or established by the Employer's business resultsEmployer or Group.

Short-Term Incentive Compensation. The Employee shall receive an annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150140% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 7570% of the Base Amount plus, for each increase of 1/25th of the difference between the Operating Target and the Maximum Operating Target, an additional 3.002.80% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 7570% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.252.00% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year, 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold Operating Target and the Minimum Operating Target, an additional 1.0% of the Base Amount; and (g) if the Operating Result for such year is equal to the Threshold Operating Target for such year, 20% of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of the Annual Bonus based upon the Employer's judgment of Employee's overall contribution to the Employer's business results.

Short-Term Incentive Compensation. The Employee shall receive an annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150200% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 75100% of the Base Amount plus, for each increase of 1/25th of the difference between the Operating Target and the Maximum Operating Target, an additional 3.004.00% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 75100% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.253.50% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year, 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold Operating Target and the Minimum Operating Target, an additional 1.0% of the Base Amount; and (g) if the Operating Result for such year is equal to the Threshold Operating Target for such year, 20% of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of the Annual Bonus based upon the Employer's judgment of Employee's overall contribution to the Employer's business results.

Short-Term Incentive Compensation. The Employee shall receive an annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150200% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 7580% of the Base Amount plus, for each increase of 1/25th 1/25 of the difference between the Operating Target and the Maximum Operating Target, an additional 3.004.8% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 7580% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th 1/20 of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.252.5% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) . No Annual Bonus shall be paid if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year. The "Operating Target", 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold "Maximum Operating Target Target" and the "Minimum Operating Target, an additional 1.0% " in any year shall be jointly established by the Chief Executive Officer of the Base Amount; and (g) if the Employer and Employer's Board. The "Operating Result Result" for such any year is shall be equal to the Threshold annual financial results for the components that make up the Operating Target for as of December 31 in such year, 20% using United States generally accepted accounting principles consistently applied and taking into account such other factors as may be approved by Employer's Board. The Annual Bonus, if any, shall be paid as soon as practicable after the close of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of year for which the Annual Bonus based upon is payable, unless the Employer's judgment Employee elects to defer such amounts under the terms of Employee's overall contribution to any deferred compensation or savings plan maintained or established by the Employer's business resultsEmployer or Group.

Short-Term Incentive Compensation. The Employee shall receive an annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150125% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 7565% of the Base Amount plus, for each increase of 1/25th 1/25 of the difference between the Operating Target and the Maximum Operating Target, an additional 3.002.4% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 7565% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th 1/20 of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.251.75% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) . No Annual Bonus shall be paid if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year. The "Operating Target", 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold "Maximum Operating Target Target" and the "Minimum Operating Target, an additional 1.0% " in any year shall be jointly established by the Chief Executive Officer of the Base Amount; and (g) if the Employer and Employer's Board. The "Operating Result Result" for such any year is shall be equal to the Threshold annual financial results for the components that make up the Operating Target for as of December 31 in such year, 20% using United States generally accepted accounting principles consistently applied and taking into account such other factors as may be approved by Employer's Board. The Annual Bonus, if any, shall be paid as soon as practicable after the close of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of year for which the Annual Bonus based upon is payable, unless the Employer's judgment Employee elects to defer such amounts under the terms of Employee's overall contribution to any deferred compensation or savings plan maintained or established by the Employer's business resultsEmployer or Group.

Short-Term Incentive Compensation. The Employee shall receive an annual incentive bonus award (the "Annual Bonus") for each calendar year ending during the term of the Employee's employment hereunder equal to: (a) if the Operating Result (as defined below) for such year is equal to or greater than the Maximum Operating Target (as defined below) for such year, 150160% of the amount of the Employee's Base Salary paid to the Employee during the calendar year for which such bonus is payable (such amount is hereinafter referred to as the "Base Amount"); (b) if the Operating Result for such year is greater than the Operating Target but less than the Maximum Operating Target for such year, 75% of the Base Amount plus, for each increase of 1/25th 1/25 of the difference between the Operating Target and the Maximum Operating Target, an additional 3.003.4% of the Base Amount; (c) if the Operating Result for such year is equal to 100% of the Operating Target for such year, 75% of the Base Amount; (d) if the Operating Result for such year is greater than the Minimum Operating Target (as defined below) but less than the Operating Target for such year, 30% of the Base Amount plus, for each increase of 1/20th 1/20 of the difference between the Minimum Operating Target and the Operating Target (100%), an additional 2.25% of the Base Amount; and (e) if the Operating Result for such year is equal to the Minimum Operating Target for such year, 30% of the Base Amount. (f) . No Annual Bonus shall be paid if the Operating Result for such year is greater than the Threshold Operating Target (as defined below) but less than the Minimum Operating Target for such year. The "Operating Target", 20% of the Base Amount plus, for each increase of 1/10th of the difference between the Threshold "Maximum Operating Target Target" and the "Minimum Operating Target, an additional 1.0% " in any year shall be jointly established by the Chief Executive Officer of the Base Amount; and (g) if the Employer and Employer's Board. The "Operating Result Result" for such any year is shall be equal to the Threshold annual financial results for the components that make up the Operating Target for as of December 31 in such year, 20% using United States generally accepted accounting principles consistently applied and taking into account such other factors as may be approved by Employer's Board. The Annual Bonus, if any, shall be paid as soon as practicable after the close of the Base Amount. Notwithstanding the foregoing, the Employer may increase or decrease the amount of year for which the Annual Bonus based upon is payable, unless the Employer's judgment Employee elects to defer such amounts under the terms of Employee's overall contribution to any deferred compensation or savings plan maintained or established by the Employer's business resultsEmployer or Group.