Common use of Incentive Fees Clause in Contracts

Incentive Fees. Congoleum shall pay ABI an annual incentive fee as determined by a majority of the disinterested members of the Board of Directors.

Incentive Fees. Congoleum shall pay ABI an annual incentive fee fee, subject to the attainment by Congoleum of certain business and financial objectives, as determined by a majority of the disinterested members of the Board of DirectorsDirectors of Congoleum. The maximum amount of the incentive fee payable to ABI under this Section 3 (b) (if all stated objectives are attained) shall be limited to $500,000."