Individual Performance Targets:

DETERMINATION OF BONUS TARGETS AND PEFORMANCE TARGETS A. Bonus Targets - The Bonus Target, as assigned to a Participant, shall be determined and communicated as a part of the annual compensation process. Final approval of each Bonus Target shall be made by the Committee.

Minimum Personal Performance Targets: For the Personal Performance targets you must obtain a total minimum achievement, average of all 5 of your Personal Performance targets, of 80% in order to receive a Personal Performance bonus. Once 80% or at least is achieved you will receive the same percentage of actual achievement up to 100% and this percentage will be applied to your eligible Personal Performance bonus of $[Amount] USD

Performance Bonus Eligibility: Effective from [Date], you are eligible to receive a Performance Bonus of $[Amount] USD, if the Company hits predetermined 2022 Company Performance targets and/or if you achieve agreed upon Personal Performance targets (on-target) set by the CEO.

Operating Performance Targets, and Weightings:

Southwestern shall use Southwestern’s year-end audited financial statements in determining the extent to which the Performance Targets were achieved during the Performance Period for each Performance Measure and shall certify in writing whether and the extent to which Performance Targets under the Performance Measures for the Performance Period have been met.

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.

Scope. Each year the Committee will establish Award opportunities and performance targets for Participants for the determination of potential Awards hereunder. Following the close of a Performance Period, the Committee shall evaluate the Company’s actual performance against the performance targets to determine the actual bonus to be paid.

performance-based bonuses, (the “Bonus”), subject to your attainment of the performance targets,

(k) “Performance Targets” means performance goals and objectives set in respect of any of the Performance Measures for a Performance Period.