Common use of Target Incentive Pay Clause in Contracts

Target Incentive Pay. The target Incentive Pay (“Target Incentive Pay”) for Employee for the 2015 fiscal year of the Company shall be Two Hundred Forty Thousand Dollars (U.S. $240,000), payable on a pro rata basis in accordance with the terms of the Annual Incentive Plan. After 2015, the Target Incentive Pay for Employee will be set by the Compensation Committee for each fiscal year and will be included in the Annual Incentive Plan for such year.

Target Incentive Pay. The target Incentive Pay (“Target Incentive Pay”) for Employee for the 2015 2014 fiscal year of the Company shall be Two Hundred Forty Twenty Two Thousand Dollars (U.S. $240,000222,000), payable on a pro rata basis in accordance with the terms of the Annual Incentive Plan. After 20152014, the Target Incentive Pay for Employee will be set by the Compensation Committee for each fiscal year and will be included in the Annual Incentive Plan for such year.. Employee’s Initials: _________________