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Annual Bonus. Executive shall be eligible to receive a discretionary annual bonus based on Executive’s achievement of performance objectives established by the Board or its Compensation Committee upon recommendation of the CEO, such bonus to be targeted at 40% of Executive’s Annual Base Salary (the “Annual Bonus”). If your initial date of employment is after April 1st of the applicable year, your performance bonus will be prorated to reflect your service. If you are hired after October 1st, you will not be eligible for a performance bonus in the year that you are hired. You must be employed at the Company at the time bonuses are paid to be eligible to receive such bonus. Any Annual Bonus approved by the Board, the Compensation Committee of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of approval.

Annual Bonus. Executive shall beis eligible to receiveearn a discretionarytarget annual bonus of 100% of Executive’s Base Salary based on Executive’supon achievement of performance objectives to be determined by the Committee in its sole discretion after conferring with Executive and payable upon achievement of those applicable objectives, subject to minimum and maximum limits as established by the Board orCommittee (the “Annual Bonus”). If the Committee, in its Compensation Committee upon recommendationsole discretion, determines the applicable performance objectives are achieved in a manner that would result in a payment of the CEO,Annual Bonus (or portion thereof), such bonusamount will be paid when practicable after the Committee determines the relevant performance objectives have been achieved, subject to Executive being employed on the date of payment; provided, however, that if the Employment Term is not extended as a result of a notice from the Company or Executive to the other, Executive only shall be required to be targeted at 40%employed on the last day of Executive’s Annual Base Salary (the “Annual Bonus”). If your initial date of employment is after April 1st of the applicable year, youra performance bonus will be proratedperiod in order to reflect your service. If you are hired after October 1st, you will not be eligible for athe annual bonus for such performance period and the annual bonus in the year that you are hired. You must be employed at the Company at the time bonuses are paid to be eligible to receivefor such bonus. Any Annual Bonus approved by the Board, the Compensation Committee of the Boardperformance period shall be paid atno later than 2 1⁄2 months following the same time annual bonuses are paid to other executivesend of such performance period . The Committee may modify the Company generally, subject to Executive’s continuous employment through the date of approval.structure and performance objectives used for Annual Bonus determinations.

Annual Bonus. Executive shallwill be eligible for an annual discretionary bonus of up to receive a discretionary% of Executive’s Base Salary. Executive’s annual target bonus percentage, whether Executive receives an annual bonus for any given year, and the amount of any such annual bonus, will be determined by the Board in its sole discretion based on Executive’upon the Company’s and Executive’s achievement of performance objectives establishedand milestones to be determined on an annual basis by the Board or its Compensation Committee upon recommendation of the CEO, such bonus to be targeted at 40% of Executive’s Annual Base Salary (the “Annual Bonus”). If your initial date of employment is after April 1st ofin consultation with Executive. Bonuses are generally paid by March 15 following the applicable bonus year, your performance bonus willand Executive must be proratedan active employee on the date any Annual Bonus is paid in order to reflect your service. If you are hired after October 1st, youearn any such Annual Bonus. Executive will not be eligible for a performance bonus in the year that you are hired. You must be employed at the Company at the time bonuses are paid to be eligible to receive such bonus. Anyfor, and will not earn, any Annual Bonus approved by the Board, the Compensation Committee of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’(including a prorated bonus) if Executive’s continuous employment throughterminates for any reason before the date of approval.Annual Bonuses are paid.

Annual Bonus. Executive shall also be eligible to receive a discretionaryreceive, in addition to the Base Salary, an annual bonus based on Executive’s achievementhaving a target amount equal to 55% of performance objectives established by the Board or its Compensation Committee upon recommendation of the CEO, such bonus to be targeted at 40% of Executive’Executive's Annual Base Salary (the “Annual Bonus("Target Bonus"). If your initial date of employment is after April 1st of, with the applicable year, your performance bonus will be prorated to reflect your service. If you are hired after October 1st, you will not be eligible for a performance bonus in the year that you are hired. You must be employed at the Company at the time bonuses are paid to be eligible to receive such bonus. Any Annual Bonus approvedactual amount being determined by the Board, the Compensation Committee of the Board shallin its discretion taking into account the Company's performance and Executive's individual performance. In order to receive a Target Bonus, Executive must be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment throughemployed by Employer on the date of approval.the bonus is paid.

Annual Bonus.Review; Bonus Opportunity. Each year during the Term of Employment, on the anniversary date of the CEO Start Date (expected to be September 1st), Executive shall be eligible to receive a discretionaryan annual performance bonus based on Executive’s achievement(a “Bonus”), payable in cash for each fiscal year within the Term of Employment, in an amount of 20% percent of the Annual Base Salary amount applicable to such year of service of the Executive as determined by the Board in its sole discretion. Actual payment of any Bonus shall be in an amount determined by the satisfaction of quantifiable and qualitative performance objectivescriteria established by the Board or its Compensation Committee upon recommendation ofBoard. Any Bonus earned by Executive shall be paid in accordance with the CEO, such bonusCompany’s compensation and payroll Policies and practices in effect from time to be targeted at 40% of Executive’s Annual Base Salary (the “Annual Bonus”). If your initial date of employment is after April 1st of the applicable year, your performance bonus will be proratedtime. In order to reflect your service. If you are hired after October 1st, you will not be eligible for a performance bonus in the year that you are hired. You must be employed at the Company at the time bonuses are paid toearn and be eligible to receive such bonus. Any Annual Bonus approvedany Bonus, Executive must be employed by the Board,Company on the Compensation Committeelast day of the Board shall be paid at the same time annual bonuses are paidfiscal year to other executives of the Company generally, subject to Executive’s continuous employment through the date of approval.which such Bonus relates.

Annual Bonus. In addition to his Base Compensation, Executive shall be eligible to receive each year during the Term, a discretionary annual bonuscash incentive payment (“Bonus”) in an amount determined by the Board based on Executive’Executive’s achievementindividual performance, the performance of Company and performance objectivesgoals established by the Board or itsBoard. The target Bonus shall be an amount equal to 75% of Executive’s Base Compensation Committee upon recommendationin effect at the time the Bonus is determined (“Target Bonus”). Such Bonus, if any, shall be paid not later than March 15 of the CEO, such bonus to be targeted at 40% of Executive’s Annual Base Salary (the “Annual Bonus”). If your initial date of employment is after April 1st ofcalendar year following the applicable year, your performance bonus will be prorated to reflect your service. If you are hired after October 1st, you will not be eligible for a performance bonuscalendar year in which the year that you are hired. YouBonus was earned. Except as otherwise stated expressly in this Agreement, Executive must be employed atwith Company through December 31 of the Company atcalendar year during which the time bonuses are paid to be eligibleBonus is earned to receive such bonus. Any Annual Bonus approved by the Board, the Compensation Committeeany part of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of approval.Bonus payment.

AnnualCash Bonus. Executive shallYou will be eligible to receivefor a discretionary annual bonus based on Executive’s achievement of performance objectives established by the Board or its Compensation Committee upon recommendation of the CEO, such bonusup to be targeted at 40%35% of Executive’s Annual Base Salary (the “Annual Bonus”). If your initial date, based on previous year performance. In determining whether to grant a bonus, in its discretion, the Board of employment is after April 1stDirectors of the applicable year,Company will take into account your performance bonus will be proratedand milestone achievements. Bonus payments are subject to reflect your service. If you are hired after October 1st, you will not be eligible for a performance bonus in the year that you are hired. You must be employed at the Company at the time bonuses are paid to be eligible to receive such bonus. Any Annual Bonus approved by the Board, the Compensation Committeeapproval and discretion of the Board shallof Directors of the Company. Performance objectives will be defined in alignment with the corporate goals. Target annual cash bonus is to be paid at the same time annual bonuses are paid to other executiveswithin 90 days of the Company generally, subject to Executive’s continuous employmentsubsequent year. Executive must remain an active employee through the dateend of approval.any given calendar year in order to earn an Annual Bonus for that year.

Annual Bonus. During the Employment Period, the Executive shall be eligible to receive a discretionaryan annual target bonus based on Executive’s achievement(a “Bonus”) if, as reasonably determined by the Board or, to the extent delegated by the Board, the Committee one or more of the performance objectives establishedtargets annually determined by the Board or its Compensationthe Committee upon recommendation(“Performance Targets”) is achieved. If all of the CEO, such bonus to be targeted at 40%Performance Targets are achieved, the Bonus will equal not less than 40 percent of the Executive’s Annual Base Salary (the “Annual“Target Bonus”). If your initial date of employment is after April 1stIn the event that less than all of the applicable year, your performance bonus willPerformance Targets are met by Executive, the Bonus paid in respect of this paragraph may be prorated to reflect your service. If you are hired after October 1st, you will not be eligible for a performance bonusless than the Target Bonus. Except as set forth in Section 5(a) hereof, the year that you are hired. YouExecutive must be employed atby the Company aton the time bonuses areday any such earned Bonus is paid towhich shall be eligible to receive such bonus. Any Annual Bonus approved bynot later than 2½ months after the Board,end of each calendar year. The Executive’s target bonus opportunity as a percentage of Base Salary may be reviewed periodically and adjusted in the Compensation Committeesole discretion of the BoardBoard. After any such adjustment, the term “Target Bonus shall be paid atrefer to the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of approval.increased amount.

Annual Bonus.Bonus Compensation. During the Term, Executive shall be eligible to receive a discretionaryan annual bonus based on Executive’(the “Annual Bonus”) pursuant to the terms and conditions of the Company’s achievementannual incentive plan for executive officers (or any successor thereto). Based upon attainment of performance objectives establishedgoals predetermined by the Board or its Compensation Committee upon recommendationCommittee, Executive shall be entitled to an Annual Bonus payment at a target level of the CEO, such bonus to be targeted at 40%50% of Executive’s Annual Base Salary (the “AnnualSalary. The Compensation Committee shall review the target annual bonus percentage during the Term and may increase such percentage as it may deem advisable (such target annual bonus, as the same may be increased, the “Target Annual Bonus”). If your initial date of employment is after April 1st of the applicable year, your performance bonus will be prorated to reflect your service. If you are hired after October 1st, you will not be eligible for a performance bonus in the year that you are hired. You must be employed at the Company at the time bonuses are paid to be eligible to receive such bonus. Any Annual Bonus approved by the Board, the Compensation Committee of the Board shall be paid at the same time annual bonuses are paid to other executives of the Company generally, subject to Executive’s continuous employment through the date of approval.

Annual Bonus.Incentive Compensation. In addition to the Base Salary, Executive shall be eligible to receive a discretionaryearn an annual performance cash bonus based onof up to 35% of Base Salary, less applicable employment taxes and payroll deductions. This bonus is contingent upon the Executive’s achievement of performance objectivesgoals for the applicable annual bonus period. Executive’s annual performance goals shall be established by the Board or its Compensation Committee upon recommendation of the CEO, such bonus to be targeted at 40% of Executive’s Annual Base Salary (the “Annual Bonus”). If your initial date of employmentDirectors (or if authority is after April 1st of the applicable year, your performance bonus will be prorated to reflect your service. If you are hired after October 1st, you will not be eligible for a performance bonus in the year that you are hired. You must be employed at the Company at the time bonuses are paid to be eligible to receive such bonus. Any Annual Bonus approveddelegated by the Board, the Compensation Committee of the Board of Directors) within ninety (90) days of the beginning of each such year. The achievement of any performance goals shall be paid atdetermined by the same time annual bonuses are paid to other executivesBoard of Directors (or if authority is delegated by the Board, the Compensation Committee of the Company generally, subjectBoard of Directors). Subject to Executive’s continuous employment through the dateprovisions of approval.Section 7 of this Agreement regarding payments in connection with termination of employment, in order to be eligible to receive the annual bonus pursuant to this Section 4.2, Executive must be employed on the last day of the given year for which the bonus amount is earned. Payment of each annual bonus shall be made in a lump sum payment not later than March 15 of the year following the year for which the bonus is earned.

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