Document ID: 11349

Text:
B. Bonus. The Executive shall be eligible to participate in the Companys annual discretionary bonus plan, subject to the terms and conditions of the plan, which may be amended from time to time by the Company in its sole discretion. Under the Companys annual discretionary bonus plan, the Executive shall be eligible to receive an annual performance bonus of up to 100% of the Base Salary, less applicable taxes and withholdings (Annual Bonus), which Annual Bonus, if any, may be calculated and paid quarterly, but in any event shall be paid by the Company on or before March 15th of the year after the year to which the Annual Bonus relates. No Annual Bonus shall be payable unless the Executive is employed with the Company on the date any such Annual Bonus is paid and provided that the Executive is not working under any written notice of termination on the date the Annual Bonus is paid. The actual amount of the Annual Bonus payable each year, if any, shall be determined by the Company, in its sole discretion. The payment of an Annual Bonus with respect to a particular calendar year does not guarantee payment of an Annual Bonus in any subsequent calendar year.

Named Entities:
67
68
Percentage

Tokenized Text:
B
.
Bonus
.
The
Executive
shall
be
eligible
to
participate
in
the
Companys
annual
discretionary
bonus
plan
,
subject
to
the
terms
and
conditions
of
the
plan
,
which
may
be
amended
from
time
to
time
by
the
Company
in
its
sole
discretion
.
Under
the
Companys
annual
discretionary
bonus
plan
,
the
Executive
shall
be
eligible
to
receive
an
annual
performance
bonus
of
up
to
100
%
of
the
Base
Salary
,
less
applicable
taxes
and
withholdings
(
Annual
Bonus
)
,
which
Annual
Bonus
,
if
any
,
may
be
calculated
and
paid
quarterly
,
but
in
any
event
shall
be
paid
by
the
Company
on
or
before
March
15th
of
the
year
after
the
year
to
which
the
Annual
Bonus
relates
.
No
Annual
Bonus
shall
be
payable
unless
the
Executive
is
employed
with
the
Company
on
the
date
any
such
Annual
Bonus
is
paid
and
provided
that
the
Executive
is
not
working
under
any
written
notice
of
termination
on
the
date
the
Annual
Bonus
is
paid
.
The
actual
amount
of
the
Annual
Bonus
payable
each
year
,
if
any
,
shall
be
determined
by
the
Company
,
in
its
sole
discretion
.
The
payment
of
an
Annual
Bonus
with
respect
to
a
particular
calendar
year
does
not
guarantee
payment
of
an
Annual
Bonus
in
any
subsequent
calendar
year
.