Common use of Short-Term Incentive Compensation Clause in Contracts

Short-Term Incentive Compensation. Executive shall be entitled to --------------------------------- participate in any short-term incentive compensation programs established by the Company for its senior level executives generally, depending upon achievement of certain annual individual or business performance objectives specified and approved by the Board (or a Committee thereof) in its sole discretion; provided, however, that Executive's "target opportunity" and "maximum opportunity" under any such program shall be at least 60% and 100%, respectively of Executive's Base Salary. Executive's short-term incentive compensation shall be paid to Executive not later than such payments are made to the Company's senior level executives generally.

Short-Term Incentive Compensation. Executive shall be entitled to --------------------------------- participate in any short-term incentive compensation programs established by the Company for its senior level executives generally, depending . Bonuses under any short-term incentive compensation programs shall be based upon achievement of certain annual individual or business performance objectives specified and approved by the Board (or a Committee thereof) in its sole discretion; provided, however, that Executive's "target opportunity" and "maximum opportunity" under any such program shall be at least 60% and 100%, respectively of Executive's Base Salary. Executive's short-term incentive compensation shall be paid to Executive not later than such payments are made to the Company's senior level executives generally.

Short-Term Incentive Compensation. Executive shall be entitled to --------------------------------- participate in any short-term incentive compensation programs established by the Company or the Bank for its senior level executives generally, depending . Bonuses under such programs shall be based upon achievement of certain annual individual or business performance objectives specified and approved by the Board (or a Committee thereof) in its sole discretion; provided, however, that Executive's "target opportunity" and "maximum opportunity" under any such program shall be at least 60% and 100%, respectively of Executive's Base Salary. Executive's short-term incentive compensation shall be paid to Executive not later than such payments are made to the Company's senior level executives generally.

Short-Term Incentive Compensation. Executive shall be entitled to --------------------------------- participate in any short-term incentive compensation programs established by the Company for its senior level executives generally, depending . Bonuses under such programs shall be based upon achievement of certain annual individual or business performance objectives specified and approved by the Board (or a Committee thereof) in its sole discretion; , provided, however, that Executive's "target opportunity" and "maximum opportunity" under any such program shall be at least 60% and 100%, respectively of Executive's Base Salary. Executive's short-term incentive compensation Executive shall be paid to Executive not later a guaranteed bonus of no less than such payments are made to the Company's senior level executives generallygreater of One Hundred Twenty-Five Thousand Dollars ($125,000) or 33% of Base Salary, as adjusted.

Short-Term Incentive Compensation. Executive shall be entitled to --------------------------------- participate in any short-term incentive compensation programs established by the Company or the Bank for its senior level executives generally, depending . Bonuses under such programs shall be based upon achievement of certain annual individual or business performance objectives specified and approved by the Board (or a Committee thereof) in its sole discretion; provided, however, that Executive's "target opportunity" and "maximum opportunity" under any such program shall be at least 60% and 100%, respectively of Executive's Base Salary. Executive's short-term incentive compensation bonus eligibility shall be paid to Executive not later than such payments are made to the Company's senior level executives generallyset initially at 40% of base salary and pro rated for 2000.

Short-Term Incentive Compensation. Executive shall be entitled --------------------------------- to --------------------------------- participate in any short-term incentive compensation programs established by the Company for its senior level executives generally, depending upon achievement of certain annual individual or business performance objectives specified and approved by the Board (or a Committee thereof) or the Chief Executive of the Parent Company in its or his sole discretion; provided, however, that Executive's "target opportunity" and "maximum opportunity" under any such program shall be at least 60% and 100%, respectively of Executive's Base Salary. Executive's short-term incentive compensation shall be paid to Executive not later than such payments are made to the Company's senior level executives generally.