Document ID: 11500

Text:
B. The Executive shall not be eligible for a bonus for performance in calendar year in 2017. Beginning with calendar year 2018, the Executive shall be eligible to earn annual performance and/or discretionary bonuses as determined each year at the discretion of the Compensation Committee based upon goals developed each year by the Compensation Committee in consultation with the Executive. The Executive shall be entitled to participate in all bonus or incentive plans applicable to the senior executives of the Employer. For calendar year 2018 and subsequent years, the Executives target bonus shall be one hundred fifty percent ( 150% ) of the Executives Base Salary then in effect, with a maximum payout of three hundred percent (300%) of the Executives Base Salary then in effect. Bonus compensation earned and payable pursuant hereto shall be paid in non-deferred cash in the calendar year following the fiscal year for which the bonus is earned, and in no event shall such payment be made later than March 15 of such following calendar year.

Named Entities:
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105
Percentage
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Percentage
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Percentage
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Percentage

Tokenized Text:
B
.
The
Executive
shall
not
be
eligible
for
a
bonus
for
performance
in
calendar
year
in
2017
.
Beginning
with
calendar
year
2018
,
the
Executive
shall
be
eligible
to
earn
annual
performance
and
/
or
discretionary
bonuses
as
determined
each
year
at
the
discretion
of
the
Compensation
Committee
based
upon
goals
developed
each
year
by
the
Compensation
Committee
in
consultation
with
the
Executive
.
The
Executive
shall
be
entitled
to
participate
in
all
bonus
or
incentive
plans
applicable
to
the
senior
executives
of
the
Employer
.
For
calendar
year
2018
and
subsequent
years
,
the
Executives
target
bonus
shall
be
one
hundred
fifty
percent
(
150
%
)
of
the
Executives
Base
Salary
then
in
effect
,
with
a
maximum
payout
of
three
hundred
percent
(
300
%
)
of
the
Executives
Base
Salary
then
in
effect
.
Bonus
compensation
earned
and
payable
pursuant
hereto
shall
be
paid
in
non-deferred
cash
in
the
calendar
year
following
the
fiscal
year
for
which
the
bonus
is
earned
,
and
in
no
event
shall
such
payment
be
made
later
than
March
15
of
such
following
calendar
year
.