Common use of Incentive Fees Clause in Contracts

Incentive Fees. Consultant will participate in Altair’s executive bonus compensation pool with an annual target incentive fee equal to € 85,000 for the Initial Term. Fifty (50%) percent of such target incentive fees shall be paid in monthly instalments during the Initial Term and the balance of the incentive fees shall be paid at such time or times as such incentives are paid to other members of the executive bonus compensation pool. After the Initial Term, Consultant’s target incentive fee shall be as determined from time to time by Altair.

Incentive Fees. Consultant will participate in Altair’s executive bonus compensation pool with an annual target incentive fee equal to € 85,000 for the Initial Term. Fifty Sixty (5060%) percent of such target incentive fees shall be paid in monthly instalments during the Initial Term and the balance of the incentive fees shall be paid at such time or times as such incentives are paid to other members of the executive bonus compensation pool. After the Initial Term, Consultant’s target incentive fee shall be as determined from time to time by Altair.