Common use of Bonus Structure Clause in Contracts

Bonus Structure. Net Income to Company Bonus Payment (1) ------------------------- ------------------ $1.00 - $250,000.00 No Bonus $250,000.01 - $350,000.00 A $50,000.00 Bonus $350,000.01 - $450,000.00 An additional $50,000.00 Bonus $450,000.01 - $500,000.00 An additional $25,000.00 Bonus ------------------------------------

Appears in 3 contracts

Sources: Executive Employment Agreement (Site2shop Com Inc), Executive Employment Agreement (Site2shop Com Inc), Executive Employment Agreement (Site2shop Com Inc)