Common use of Plan Model Overview Clause in Contracts

Plan Model Overview. For all Participants except the Company’s Chief Executive Officer, the Bonus Award consists of the following two components: Corporate Performance and Individual Performance (each referred to as a “Performance Component”). Each Performance Component is described in greater detail below. The Performance Components have been assigned weights for purposes of calculating bonus payouts in accordance with the following table: Corporate Performance 80% Individual Performance 20% The Bonus Award for the Company’s Chief Executive Officer will be based entirely on Corporate Performance.

Plan Model Overview. For all Participants except the Company’s Chief Executive Officer, the Bonus Award consists of the following two components: Corporate Performance and Individual Performance (each referred to as a “Performance Component”). Each Performance Component is described in greater detail below. The Performance Components have been assigned weights for purposes of calculating bonus payouts in accordance with the following table: Corporate Performance 8080 % Individual Performance 2020 % The Bonus Award for the Company’s Chief Executive Officer will be based entirely on Corporate Performance.