Common use of Additional Bonus Clause in Contracts

Additional Bonus. The Employee may be eligible for an additional quarterly Performance bonus equal to a range of twenty to forty percent (20%-40%) of Employee's annual base salary to be paid out, if earned, on a quarterly basis after completion of each of the Company's fiscal quarters. The calculation of earned bonus is based upon the Company's financial performance against certain performance criteria described in Exhibit A to this document (Company Projections). The threshold for enacting the bonus pool for a specific quarter shall be Company attainment of eighty percent (80%) or more performance against the applicable goals in Exhibit A. Exhibit A will be officially revised for bonus calculation purposes, as required by changes in business events and forecasts, only as approved by the Board of Directors of SATX. Each quarter's earned bonus will be calculated from the following sliding scale: Level of Company goal performance 80% 100% 120% Payout % of Employee's annual salary 20% 30% 40% If goals are achieved, and a bonus is earned for a quarter, Employee shall have the option of receiving the bonus in cash or in common stock in the Parent Company (SATX). If stock is chosen, the number of shares to be issued will be calculated using eighty percent (80%) of the average market price of the shares of the Company over the most recent thirty (30) days prior to issue date. In order to compensate for variations in quarterly performance, and to recognize the ability to make up for previous lesser performance, the quarterly bonus calculation will be made from year-to-date Company data. Thus, within any given performance year, a previous quarter's shortcoming can be offset by subsequent performance improvement. The instant quarter's bonus payout is therefore calculated as the year-to-date earned bonus less the cumulative bonus paid previously during the applicable year. As additional management responsibilities are assumed by Employee due to acquisitions by SATX, projections for those acquired entities will be added to the performance criteria in Exhibit A, and the size of the applicable bonus pool for Employee will be increased accordingly, as approved by the SATX Board of Directors.

Additional Bonus. The Employee may be eligible for an additional quarterly Performance bonus equal to a range of twenty to forty percent (20%-4020% - 40%) of Employee's annual base salary to be paid out, if earned, on a quarterly basis after completion of each of the Company's fiscal quarters. The calculation of earned bonus is based upon the Company's financial performance against certain performance criteria described in Exhibit A to this document (Company Projections). The threshold for enacting the bonus pool for a specific quarter shall be Company attainment of eighty percent (80%) or more performance against the applicable goals in Exhibit A. Exhibit A will be officially revised for bonus calculation purposes, as required by changes in business events and forecasts, only as approved by the Board of Directors of SATX. Each quarter's earned bonus will be calculated from the following sliding scale: Level of Company goal performance 80% 100% 120% Payout % of Employee's annual salary 20% 30% 40% If goals are achieved, and a bonus is earned for a quarter, Employee shall have the option of receiving the bonus in cash or in common stock in the Parent Company (SATX). If stock is chosen, the number of shares to be issued will be calculated using eighty percent (80%) of the average market price of the shares of the Company over the most recent thirty (30) days prior to issue date. In order to compensate for variations in quarterly performance, and to recognize the ability to make up for previous lesser performance, the quarterly bonus calculation will be made from year-to-date Company data. Thus, within any given performance year, a previous quarter's shortcoming can be offset by subsequent performance improvement. The instant quarter's bonus payout is therefore calculated as the year-to-date earned bonus less the cumulative bonus paid previously during the applicable year. As additional management responsibilities are assumed by Employee due to acquisitions by SATX, projections for those acquired entities will be added to the performance criteria in Exhibit A, and the size of the applicable bonus pool for Employee will be increased accordingly, as approved by the SATX Board of Directors.