Common use of Incentive Bonus Compensation Clause in Contracts

Incentive Bonus Compensation. On an annual basis, the Company’s Board of Directors, in its sole discretion, upon the recommendation of the Company’s Chief Executive Officer, shall establish Executive’s annual target incentive and performance metrics. The Executive will receive an incentive bonus based on Executive’s achievement of the performance metrics in accordance with the Company’s Management Incentive Plan that the Company in its discretion may establish. Any such bonuses shall be paid out no later than March 15 following the calendar year in which the Company’s fiscal year to which the bonus relates ends.

Incentive Bonus Compensation. On an annual basis, the Company’s 's Board of Directors, in its sole discretion, upon the recommendation of the Company’s 's Chief Executive Officer, shall establish Executive’s 's annual target incentive and performance metrics. The Executive will receive an incentive bonus based on Executive’s 's achievement of the performance metrics in accordance with the Company’s 's Management Incentive Plan that the Company in its discretion may establish. Any such bonuses shall For 2002, your target incentive will be paid out no later than March 15 following the calendar year in which the Company’s fiscal year to which the bonus relates endsone hundred ninety two thousand five hundred dollars ($192,500) and will be prorated based on your hire date.

Incentive Bonus Compensation. On an annual basis, the Company’s 's Board of Directors, in its sole discretion, upon the recommendation of the Company’s 's Chief Executive Officer, shall establish Executive’s 's annual target incentive and performance metrics. The Executive will receive an incentive bonus based on Executive’s 's achievement of the performance metrics in accordance with the Company’s 's Management Incentive Plan that the Company in its discretion may establish. Any such bonuses shall be paid out no later than March 15 following the calendar year in which the Company’s 's fiscal year to which the bonus relates ends.

Incentive Bonus Compensation. On an annual basis, the Company’s Board of Directors, in its sole discretion, upon the recommendation of the Company’s Chief Executive Officer, shall establish Executive’s annual target incentive and performance metrics. The Executive will receive an incentive bonus based on Executive’s achievement of the performance metrics in accordance with the Company’s Management Incentive Plan that the Company in its discretion may establish. Any such bonuses Executive’s initial bonus shall be paid out no later than March 15 following the calendar Two Hundred Thousand Dollars ($200,000) per year in which the Company’s fiscal year to which and for 2007 the bonus relates endsamount will be prorated from Executives hire date and guaranteed.