Common use of Additional Incentives Clause in Contracts

Additional Incentives. Performance Incentive: LCC will evaluate Supplier’s performance hereunder on not less than an annual basis and may, but shall not be required to, pay Supplier a performance incentive bonus on or about March 15 of each year during the term hereof based upon LCC’s assessment of Supplier’s performance during the prior year against various objectives that may include the achievement of revenue, profit and other objectives for LCC and its Affiliate Companies in the EMEA region. For Services rendered from the date of this contract to 31 December 2004, Supplier will be eligible to receive a bonus of up to €150,000, the actual amount will be based on the extent to which EMEA and LCC 2004 goals are achieved for the fourth quarter of 2004. In respect of services rendered after 31 December 2004, Supplier’s Performance Incentives will be comparable to those additional incentives or bonus programs generally provided for officers, at the Senior Vice President level, of LCC for the relevant year by the Board of Directors of LCC’s parent company, LCC International, Inc. The payment of any performance incentive shall be within LCC’s discretion. No bonus is due if, prior to the payment date, Supplier has served notice of termination of this agreement (other than under Sections 6.2.3(b) or 6.2.3(c)) or has been served notice of termination by LCC, except as otherwise provided in Article 6 hereof.