Example ContractsClausesconditions to receipt of annual bonusVariants
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As a participant in the Company's annual incentive plan, you will be eligible to receive an annual cash bonus (the "Annual Bonus") provided threshold performance goals are achieved. Your annual target incentive opportunity will be 75% of your annual base salary and your annual maximum incentive opportunity will be 100% of your annual base salary, in each case, subject to performance goals, terms and conditions established by the Compensation Committee. You will be eligible for a target incentive opportunity for your first year of employment which shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other members of the executive team, provided that you are actively employed on the payment date.

As a participantAnnual Incentive Bonus. Following the end of each fiscal year and subject to the approval by the Company’s Board of Directors in the Company's annual incentive plan,its sole discretion, you will be eligible to receiveearn an incentive bonus, based on your performance and the Company’s performance, each during the applicable fiscal year, and subject to your continued employment in good standing on the date of payment of such incentive bonus. Your target annual cashincentive bonus (the "Annual Bonus") provided threshold performance goals are achieved. Your annual target incentive opportunity willshall be 75%up to 40% of your annual base salary and your annual maximum incentive opportunity will be 100%salary. Because of your annual base salary,start date, in each case, subject to performance goals, terms and conditions established byaccordance with the Compensation Committee. YouCompany’s policy, the first year you will be eligible for a target incentive opportunity for your first year of employment which shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other members of the executive team, provided that you are actively employed on the payment date.bonus is 2023.

AsAnnual Discretionary Incentive Bonus Opportunity. Employee will have a participantgraduated annual, cash incentive bonus opportunity of 100% of Base Salary for performance at target (and less or no bonus for performance less than target) and up to 200% of Base Salary (or such higher percentage as the Compensation Committee may determine) for performance in the Company's annual incentive plan, youexcess of target. Performance will be eligible to receive anmeasured against annual cash bonus (the "Annual Bonus") provided threshold performance goals are achieved. Your annual target incentive opportunity will be 75% of your annual base salary and your annual maximum incentive opportunity will be 100% of your annual base salary, in each case, subject to performance goals, terms and conditions establishedfinancial targets approved by the Compensation Committee. YouCommittee which, in the Compensation Committee’s discretion, may be intended to qualify the cash incentive bonus as performance-based compensation under Code Section 162(m). Actual bonus amounts paid for particular levels of performance will be eligible for a target incentive opportunity for your first year of employment which shall not be prorated.. Any Annual Bonus payable with respect to a fiscal yearas determined by the Compensation Committee, and such bonus amounts will be paid duringin cash within 2-1/2 months after the followingend of each fiscal year at the same time as the annual incentives are paid generally to other members of the executive team, provided that you are actively employed on the payment date.year.

As a participant inAnnual Incentive Compensation. During the Company's annual incentive plan, you willEmployment Period, Executive shall be eligible to receiveparticipate in an annual cash bonus program maintained for senior executive officers of the Company (the "Annual Bonus"Annual Incentive Program” or the “Plan) provided threshold performance goals are achieved. Your, with a minimum target annual target incentive opportunity will bebonus equal to 75% of yourBase Salary (the “Target Bonus”) for each year during the Employment Period in which Executive participates in the Annual Incentive Program; provided, however, that any bonus related to calendar year 2016 # shall be prorated for the period between the Effective Date and December 31, 2016, and # shall not be less than the full amount of the bonus for the prorated period, as calculated per the terms of the Company’s existing Performance Bonus Plan. The actual amount of the annual base salarybonus earned by and your annual maximum incentive opportunity willpayable to Executive for any year or portion of a year, as applicable, shall be 100%determined upon the satisfaction of your annual base salary, in each case, subject to performance goals, termsgoals and conditionsobjectives established by the Compensation Committee. YouCommittee pursuant to the Plan, and shall be subject to such other terms and conditions of the Annual Incentive Program as in effect from time to time, provided that all awards shall be designed in a manner such that the annual bonus will be eligible for a target incentive opportunity for your first yeartreated as “qualified performance-based compensation” within the meaning of employment whichSection 162(m) of the Internal Revenue Code, as amended (the “Code”). Each bonus paid under the Annual Incentive Program shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other membersExecutive no later than March 15th of the executive team, provided that you are actively employed oncalendar year following the payment date.calendar year for which the bonus is earned.

As a participant in the Company's annual incentive plan, youCash Incentive Bonus: You will continue to be eligible to receive anannual bonus compensation under and subject to the terms and conditions of the Company’s annual cash incentive program based on the achievement of goals established by the Compensation Committee and/or the Board from time-to-time. For 2023, your target bonus (the "Annual Bonus") provided threshold performance goals are achieved. Your annual target incentive opportunity under the program will be 75%equal to 70% of your annual base salary and your annual maximum incentive opportunity will be 100% of your annual base salary, in each case, subject to performance goals, terms and conditions established by the Compensation Committee. You will be eligible for a target incentive opportunity for your first year of employment which shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other members of the executive team, provided that you are actively employed on the payment date.amount.

As a participant in the Company'Annual Incentive Bonus Plan. With respect to each year during Executive’s annual incentive plan, you willemployment hereunder, Executive shall be eligible to receive an annual cash incentive bonus (the "Annual Bonus"Annual Bonus) provided threshold performance goals are achieved. Your annualpursuant to the terms of the 2014 Annual Incentive Compensation Plan or any successor plan thereto, as it may be amended from time to time (the “Annual Incentive Plan”). Executive’s target incentive opportunity willunder the Annual Incentive Plan shall be 75%80% of your annual base salary and your annual maximum incentive opportunity will be 100%Base Salary (as at the beginning of your annual base salary, in each case, subject tothe applicable performance goals, terms and conditions establishedperiod). Executive has been determined by the Compensation Committee. You willCommittee (as defined in the Annual Incentive Plan) to be eligiblea Participant (as defined in the Annual Incentive Plan) under the Annual Incentive Plan, and Executive’s Performance Goals (as defined in the Annual Incentive Plan) shall be determined by the Committee (as defined in the Annual Incentive Plan) in accordance with Section 5 of the Annual Incentive Plan (or the corresponding section of any successor plan). The Annual Bonus for a target incentive opportunity for your first year of employment which(if any) shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other membersExecutive in accordance with Section 6 of the executive team, provided that you are actively employed onAnnual Incentive Plan (or the payment date.corresponding section of any successor plan).

As a participant in the Company's annual incentive plan, youYou will be eligible to receive ana discretionary annual cash bonus (the "Annual Bonus") provided thresholdhaving a payout at the target level of performance goals are achieved. Your annual target incentive opportunity will be 75%of fifty percent (50%) of your annual base salary and your annual maximum incentive opportunity will be 100% of your annual base salary, inBase Salary (the “Target Bonus”) for each case, subject to performance goals, terms and conditions established by the Compensation Committee. You will be eligible for a target incentive opportunity for your firstcalendar year of employment which shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other members of the executive team, provided that you are actively employed by the Company, payable during the first calendar quarter of the year following the year to which the bonus relates, subject to your continued employment through the payment date. Such bonus will be subject to your successful achievement of performance goals set by the CEO or the Board (or committee thereof), in their sole discretion, including, without limitation, goals based on the payment date.operating results of the Group or your individual performance.

As a participant in the Company's annual incentive plan, youIn this position, your base salary will be eligible to receive an annual cash$225,000 per year, payable (less payroll deductions and all required withholdings) in accordance with the Company’s regular payroll policies. Your target bonus (the "Annual Bonus") provided threshold performance goals are achieved. Your annual target incentive opportunity will be 75% of your annual base salary and your annual maximum incentive opportunity will be 100% of your annual base salary, infor each case, subject to performance goals, terms and conditions established by the Compensation Committee. You will be eligible for a target incentive opportunity for your first year of employment which shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other membersfifty percent (50%) of the executive team,your base salary, for a total cash compensation target of $337,500, provided that you are actively employed onmay earn a bonus of up to a maximum of seventy percent (70%) of your base salary. Your base salary and bonus will be prorated for any partial fiscal year of your employment with the payment date.Company. The Board will determine the financial targets that will govern bonus payouts, consistent with the targets and structure of the Incentive Compensation Plan adopted by the Company for a given fiscal year. Payouts of the bonus will be made in accordance with the terms of the applicable Incentive Compensation Plan. During your employment, you will also be eligible to participate in the benefit programs made available to Company executives, in accordance with the terms of such plans and as such plans or programs may be in effect from time to time, and to earn accrued vacation in accordance with the Company’s vacation policies as in effect from time to time.

As a participant in the Company's annual incentive plan, you will be eligible toAnnual Incentive Compensation. Employee shall receive an annual cashincentive bonus (the "Annual Bonus") provided thresholdopportunity payable each September after the close of the fiscal year, at a target of 30% of base compensation and variable from 0% to 200% of target based on a combination of the achievement of certain financial metrics and individual performance against individual strategic goals are achieved. Your annual target incentive opportunity will be 75% of your annual base salary and your annual maximum incentive opportunity will be 100% of your annual base salary, in each case, subject to performance goals, terms and conditions establishedset by the Compensation Committee. YouCommittee of the Board of Directors of the Employer. For fiscal year 2017, (July 1, 2016 through June 30, 2017) the Employee shall receive an annual incentive of no less than the pro-rated 100% target, based on results achieved, which will be eligible for a target incentive opportunity for your first year of employment which shall not be prorated.. Any Annual Bonus payable with respectpro-rated to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other members of the executive team, provided that you are actively employed on the payment date.Effective Date.

As a participant•Your cash bonus opportunity is 80% of your annual base salary. The achievement of the cash bonus will be dependent upon Company and individual performance and can range from 0% to 200% of target. Bonuses are determined after year-end, subject to approval by the Compensation Committee, and are typically paid in the Company's annual incentive plan, youFebruary. Your first eligible cash bonus opportunity will be for fiscal year 2024, which, if performance is achieved, will be paid in February 2025. You will not be eligible to receive an annuala cash bonus (the "Annual Bonus") provided thresholdfor performance goals are achieved. Your annual target incentive opportunity will be 75% of your annual base salary and your annual maximum incentive opportunity will be 100% of your annual base salary, in each case, subject to performance goals, terms and conditions established by the Compensation Committee. You will be eligible for a target incentive opportunity for your first year of employment which shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other members of the executive team, provided that you are actively employed on the payment date.2023.

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