Common use of Annual Cash Bonuses Clause in Contracts

Annual Cash Bonuses. During the term of the Executive's employment under this Agreement, the Executive will be entitled to receive an annual cash bonus calculated pursuant to performance standards developed by the Corporation's compensation committee in consultation with the Chief Executive Officer of the Corporation, as such standards are in effect from time to time. The Board of Directors of the Corporation, in its discretion, may award bonuses to the Executive in addition to those provided for above, as it may from time to time determine.

Annual Cash Bonuses. During the term of the Executive's employment under this Agreement, the Executive will be entitled to receive an annual cash bonus calculated pursuant to performance standards developed by the Corporation's compensation committee in consultation with the Chief Executive Officer of the CorporationExecutive, as such standards are in effect from time to time. The target amount of the bonus shall be 100% of the Executive's base salary as of the end of the fiscal period of the Corporation for which the bonus is calculated. The Board of Directors of the Corporation, in its discretion, may award bonuses to the Executive in addition to those provided for above, as it may from time to time determine.