Common use of Short-Term Bonuses Clause in Contracts

Short-Term Bonuses. In addition to the Annual Base Salary, the Executive shall participate in, for each fiscal year ending during the Employment Period, the annual cash bonus plan (the “Annual Bonus”) generally applicable to peer executives of the Company and the Affiliated Companies, on substantially similar terms and conditions (excluding permitted differences in the amount of the bonus that may be earned), including, without limitation, participation in the Alltel Corporation Special Annual Bonus Plan and the Alltel Corporation Performance Incentive Compensation Plan, in each case, subject to the terms and conditions thereof. Following a Change in Control occurring after the Effective Date, the bonus opportunity under the Annual Bonus plan for the Executive shall not be reduced from the bonus opportunity under the Annual Bonus plan in effect immediately prior to the Change in Control.

Short-Term Bonuses. In addition to the Annual Base Salary, the Executive shall participate in, for each fiscal year ending during the Employment Period, the annual cash bonus plan (the “Annual Bonus”) generally applicable to peer executives of the Company and the Affiliated Companies, on substantially similar terms and conditions (excluding permitted differences in the amount of the bonus that may be earned), including, including without limitation, limitation participation in the Alltel Corporation Special Annual Bonus Plan and the Alltel Corporation Performance Incentive Compensation Plan, in each case, subject to the terms and conditions thereof. Following a Change in Control occurring after the Effective Date, the bonus opportunity under the Annual Bonus plan for the Executive shall not be reduced from the bonus opportunity under the Annual Bonus plan in effect immediately prior to the Change in Control.