Common use of Annual Incentive Awards Clause in Contracts

Annual Incentive Awards. The Company may, in its sole discretion, pay the Executive annual cash incentive compensation payments. At the beginning of each fiscal year, the Board or Committee may establish appropriate criteria for making such payments following the end of such fiscal year.

Annual Incentive Awards. The Company may, in its sole discretion, pay the Executive annual cash incentive compensation paymentspayments under the Company’s Executive Incentive Plan or such successor plan thereto. At the beginning of each fiscal year, the Board or the Committee may establish appropriate criteria for making such payments following the end of such fiscal year.

Annual Incentive Awards. The Company may, in its sole discretion, may pay the Executive annual cash incentive compensation paymentspayments provided that such annual incentive compensation payments are based on certain pre-established performance criteria. At On or about the date hereof and at the beginning of each subsequent fiscal year, the Board or Committee may will establish appropriate criteria for making such payments following the end of such fiscal yearperiod. The terms and conditions of such incentive awards are set out more fully in the Company’s “Executive Incentive Plan” Plan Document.