Common use of Annual Incentive Plan Clause in Contracts

Annual Incentive Plan. Executive represents and certifies that Executive has carefully reviewed the Company's 2003 Management Annual Incentive Plan (the "Annual Incentive Plan"), a copy of which is attached as Exhibit B hereto and is entering into this Agreement in reliance upon the benefits provided thereunder. For purposes of the Annual Incentive Plan, the "Target Bonus Percentage" (as defined in the Annual Incentive Plan) will be 25%.

Appears in 4 contracts

Samples: Employment Agreement and Restricted Stock Grant (Deeter Foundry Inc), Employment Agreement and Restricted Stock Grant (Deeter Foundry Inc), Employment Agreement and Restricted Stock Grant (Deeter Foundry Inc)

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Annual Incentive Plan. Executive represents and certifies that Executive has carefully reviewed the Company's 2003 Management Annual Incentive Plan (the "Annual Incentive Plan"), a copy of which is attached as Exhibit B hereto and is entering into this Agreement in reliance upon the benefits provided thereunder. For purposes of the Annual Incentive Plan, the "Target Bonus Percentage" (as defined in the Annual Incentive Plan) will be 2535%.

Appears in 4 contracts

Samples: Employment Agreement and Restricted Stock Grant (Deeter Foundry Inc), Employment Agreement and Restricted Stock Grant (Deeter Foundry Inc), Employment Agreement and Restricted Stock Grant (Deeter Foundry Inc)

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Annual Incentive Plan. Executive represents and certifies that Executive has carefully reviewed the Company's 2003 Management Annual Incentive Plan (the "Annual Incentive Plan"), a copy of which is attached as Exhibit B hereto and is entering into this Agreement in reliance upon the benefits provided thereunder. For purposes of the Annual Incentive Plan, the "Target Bonus Percentage" (as defined in the Annual Incentive Plan) will be 2530%.

Appears in 1 contract

Samples: Employment Agreement and Restricted Stock Grant (Deeter Foundry Inc)

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