Common use of Short Term Incentive Plan Clause in Contracts

Short Term Incentive Plan. During the Period of Employment, the Executive shall be eligible to participate in the Company’s Short-Term Incentive Plan (as amended from time to time, the “Incentive Plan”), on terms and conditions no less favorable than those provided generally to the other similarly situated officers of the Company, for so long as the same may be in effect. For the 2013 fiscal year, the Executive shall have a target bonus level of 50% of the Base Salary (the “Target Bonus”) under the Incentive Plan. Any bonus earned pursuant to the Incentive Plan shall be subject to the terms and conditions of the Incentive Plan. The Company reserves the right to change or eliminate the Incentive Plan at any time, without prior notice to or the consent of the Executive.

Short Term Incentive Plan. During the Period of Employment, the Executive shall be eligible to participate in the Company’s Short-Term Incentive Plan (as amended from time to time, the “Incentive Plan”), on terms and conditions no less favorable than those provided generally to the other similarly situated officers of the Company, for so long as the same may be in effect. For the 2013 fiscal year, the Executive shall have a target bonus level of 5060% of the Base Salary (the “Target Bonus”) under the Incentive Plan. Any bonus earned pursuant to the Incentive Plan shall be subject to the terms and conditions of the Incentive Plan. The Company reserves the right to change or eliminate the Incentive Plan at any time, without prior notice to or the consent of the Executive.

Short Term Incentive Plan. During the Period of Employment, the Executive shall be eligible to participate in the Company’s Short-Term Incentive Plan (as amended from time to time, the “Incentive Plan”), on terms and conditions no less favorable than those provided generally to the other similarly situated officers of the Company, for so long as the same may be in effect. For the 2013 2014 fiscal year, the Executive shall have a target bonus level of fifty percent (50% %) of the Base Salary (the “Target Bonus”) under the Incentive Plan. Any bonus earned pursuant to the Incentive Plan shall be subject to the terms and conditions of the Incentive Plan. The Company reserves the right to change or eliminate the Incentive Plan at any time, without prior notice to or the consent of the Executive.

Short Term Incentive Plan. During the Period of Employment, the Executive shall be eligible to participate in the Company’s Short-Term Incentive Plan (as amended from time to time, the “Incentive Plan”), on terms and conditions no less favorable than those provided generally to the other similarly situated officers of the Company, for so long as the same may be in effect. For the 2013 fiscal year, the Executive shall have a target bonus level of 50100% of the Base Salary (the “Target Bonus”) under the Incentive Plan. Any bonus earned pursuant to the Incentive Plan shall be subject to the terms and conditions of the Incentive Plan. The Company reserves the right to change or eliminate the Incentive Plan at any time, without prior notice to or the consent of the Executive.