Example ContractsClausesPerformance Bonus
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The Committee shall approve annually, no later than the 90th day of a Bonus Year, the individual target amount of bonus (the “Bonus Target”) that may be awarded for a Bonus Year to each Participant; the specific Performance Criteria to be used to determine the amount of bonus, if any, to be paid to each Participant for the Bonus Year; and the formula for determining the percentage of a Bonus Target that is payable based upon the achievement of Performance Criteria. The Performance Criteria may differ from and carry a different weight from Participant to Participant. The Bonus Target and Performance Criteria for each Participant for each Bonus Year shall be established in writing by the Committee.

Individual Performance Bonus: A target bonus based on 25% of Executive’s actual paid out salary during the period will be the basis for calculation (“Individual Bonus Base”). The Individual Performance Bonus will be determined by the Compensation Committee, in its sole discretion, based on performance criteria that will be mutually agreed to by Executive and CEO, and approved in advance by the Compensation Committee, at or before the start of each applicable period. The Individual Performance Bonus will range for 0% to 100% of the Individual Bonus Base.

Plan and Performance Bonus Plan Terms Control. In the event of a conflict between the terms and conditions of any Award Agreement and the terms and conditions of the Plan, the terms and conditions of the Plan shall prevail. In the event of a conflict between the terms and conditions of any Award Agreement or the Plan and the terms and conditions of the Performance Bonus Plan, the terms and conditions of the Performance Bonus Plan shall prevail to the extent necessary for Long-Term Incentive Bonuses paid under the Plan to qualify as "performance-based compensation" for purposes of Section 162(m) of the Code and [[Section 1.162-27]7]]7] of the Treasury Regulations promulgated thereunder. In the event of a conflict between the terms and conditions of any Award Agreement and the terms and conditions of the Stock Incentive Plan, the terms and conditions of the Stock Incentive Plan shall prevail.

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Restricted Shares, Performance Shares, and 2015 Bonus. Upon the execution of this Agreement, the Company shall issue to the Executive the following securities pursuant to the Second Amended and Restated 2013 Stock Incentive Plan (the “Stock Plan”) and subject to the terms of the Company’s Form of Restricted Share Award Agreement (incorporated by reference to [Exhibit 10.25] to the Company’s Form 10-K filed on ) and Form of Performance Share Award Agreement (incorporated by reference to [Exhibit 10] to the Company’s Form 10-Q filed on ):

# will be eligible to receive an annual bonus (the “Performance Bonus”) for each of the Company’s fiscal years during the Term based on the formula and related terms set forth in [Exhibit A] hereto. Each Performance Bonus, if any, shall be paid not later than 40 days following the issuance by the Company of financial statements for the fiscal year in respect of which such bonus is payable, provided that in no event shall the Performance Bonus be paid later than January 2 of the year following the end of such fiscal year. Except as provided in [Section 5], must be employed by the Company on the last day of the fiscal year to be eligible for the Performance Bonus. The Board and the Compensation Committee of the Board (the "Committee") retain discretion to award a bonus or bonus amounts separate from the Performance Bonus.

Bonus Pool. Each Performance Period, the Committee, in its sole discretion, will establish a Bonus Pool, which pool may be established before, during or after the applicable Performance Period. Actual Awards will be paid from the Bonus Pool.

#​ Performance Bonus.

Separation Bonus. Payment of a separation bonus in an amount equal to the target Annual Performance Bonus to which Executive may have been entitled for the year in which Executive’s employment terminates less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the release of claims required by [Section 4(e)] becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

Retention Bonus. The Company agrees to pay Employee the retention bonuses as provided in this [Section 1].

Signing Bonus. In addition to Initial Equity Award, and payable within 30 days of the Effective Date, the Executive shall receive a cash signing bonus equal to issued through normal payroll procedures (“Signing Bonus”). This bonus may be deferred at the sole discretion of the Company and instead paid in 6 equal monthly installments beginning with the first month following the Effective Date. The (“Signing Bonus”) can be accelerated upon the completion of the public offering, or by board decision.

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