Common use of Annual Individual Goal Bonus Clause in Contracts

Annual Individual Goal Bonus. For each year during the Agreement, commencing with the year ending December 31, 2009, the Executive shall be entitled to receive an Annual Individual Goal Bonus equal to 10% of his Salary for such year based on meeting individual measurable objectives set by the Chief Executive Officer and monitored by the Compensation Committee of the Board of Directors. If the Executive meets at least 50% of such objectives, he shall be entitled to an Annual Individual Goal Bonus equal to 5% of his Salary for such year. If the Executive meets less than 50% of such objectives, he shall not be entitled to receive any Annual Individual Goal Bonus for such year.

Annual Individual Goal Bonus. For each year during the this Agreement, commencing with the year ending December 31, 20092017, the Executive shall be entitled to receive an Annual Individual Goal Bonus equal to 1025% of his Base Salary for such year based on meeting individual measurable objectives set by the Chief Executive Officer and monitored by the Compensation Committee of in consultation with the Board of DirectorsExecutive. If the Executive meets at least 50% of such objectives, he shall be entitled to an Annual Individual Goal Bonus equal to 512.5% of his Base Salary for such year. If the Executive meets less than 50% of such objectives, he shall not be entitled to receive any Annual Individual Goal Bonus for such year.

Annual Individual Goal Bonus. For each year during the this Agreement, commencing with the year ending December 31, 20092014, the Executive shall be entitled to receive an Annual Individual Goal Bonus equal to 1025% of his Base Salary for such year based on meeting individual measurable objectives set by the Chief Executive Officer and monitored by the Compensation Committee of in consultation with the Board of DirectorsExecutive. If the Executive meets at least 50% of such objectives, he shall be entitled to an Annual Individual Goal Bonus equal to 512.5% of his Base Salary for such year. If the Executive meets less than 50% of such objectives, he shall not be entitled to receive any Annual Individual Goal Bonus for such year.

Annual Individual Goal Bonus. For each year during the Agreement, commencing with the year ending December 31, 20092012, the Executive shall be entitled to receive an Annual Individual Goal Bonus equal to 10% of his Salary for such year based on meeting the individual measurable objectives for such year set by the Chief Executive Officer of the Employer and monitored by the Compensation Committee of the Board of Directors. If the Executive meets at least 50% of such objectives, he shall be entitled to an Annual Individual Goal Bonus for such year equal to 5% of his Salary for such year. If the Executive meets less than 50% of such objectives, he shall not be entitled to receive any Annual Individual Goal Bonus for such year.

Annual Individual Goal Bonus. For each year during the AgreementTerm, commencing with the year ending December 31, 20092020, the Executive shall be entitled to receive an Annual Individual Goal Bonus equal to 1025% of his Base Salary for such year based on meeting individual measurable objectives set by the Chief Executive Officer and monitored by the Compensation Committee of in consultation with the Board of DirectorsExecutive. If the Executive meets at least 50% of such objectives, he shall be entitled to an Annual Individual Goal Bonus at least equal to 512.5% of his Base Salary for such year. If the Executive meets less than 50% of such objectives, he shall not be entitled to receive any Annual Individual Goal Bonus for such year.

Annual Individual Goal Bonus. For each year during the Agreement, commencing with the year ending December 31, 20092015, the Executive shall be entitled to receive an Annual Individual Goal Bonus equal to 1015% of his Salary for such year based on meeting the individual measurable objectives for such year set by the Chief Executive Officer of the Employer and monitored by the Compensation Committee of the Board of Directors. If the Executive meets at least 50% of such objectives, he shall be entitled to an Annual Individual Goal Bonus for such year equal to 57.5% of his Salary for such year. If the Executive meets less than 50% of such objectives, he shall not be entitled to receive any Annual Individual Goal Bonus for such year.

Annual Individual Goal Bonus. For each year during the this Agreement, commencing with the year ending December 31, 20092011, the Executive shall be entitled to receive an Annual Individual Goal Bonus equal to 1025% of his Base Salary for such year based on meeting individual measurable objectives set by the Chief Executive Officer and monitored by the Compensation Committee of in consultation with the Board of DirectorsExecutive. If the Executive meets at least 50% of such objectives, he shall be entitled to an Annual Individual Goal Bonus equal to 512.5% of his Base Salary for such year. If the Executive meets less than 50% of such objectives, he shall not be entitled to receive any Annual Individual Goal Bonus for such year.