Common use of Short-Term Incentive Program Clause in Contracts

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 30% (and a maximum of 60%) of the Base Salary for each calendar year of the Employment Term starting in 2014. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 3055% (and a maximum of 60110%) of the Base Salary for each calendar year of the Employment Term starting in 20142017. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 3055% (and a maximum of 60%) of the Base Salary for each calendar year of the Employment Term starting in 20142015. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 3055% (and a maximum of 60110%) of the Base Salary for each calendar year of the Employment Term starting in 20142016. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 3040% (and a maximum of 6080%) of the Base Salary for each calendar year of the Employment Term starting in 2014Term. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 3040% (and a maximum of 60%) of the Base Salary for each calendar year of the Employment Term starting in 20142015. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 30% (and a maximum of 60%) of the Base Salary for each calendar year of the Employment Term starting in 20142016. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 3040% (and a maximum of 6080%) of the Base Salary for each calendar year of the Employment Term starting in 20142017. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 3040% (and a maximum of 6080%) of the Base Salary for each calendar year of the Employment Term starting in 2014. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.

Short-Term Incentive Program. (a) Executive will be eligible to participate in Employer’s Short-Term Incentive Program (“STIP”), which will provide Executive the opportunity to earn a target bonus of 30% (and a maximum of 60%) of the Base Salary for each calendar year of the Employment Term starting in 20142015. (b) The award is earned annually and is based upon achievement of performance targets established and approved by the Board annually. Except as otherwise provided in this Agreement, Executive must be employed by Employer on the last day of the designated performance period in order to be entitled to payment of any STIP bonus.