Document ID: 15130

Text:
(b)Annual Incentive Compensation. The Executive shall be eligible to receive an annual cash bonus for the Companys fiscal years 2017 and 2018 (the Annual Cash Incentive) based on performance objectives established by the Compensation Committee of the Board (the Committee) each such fiscal year. The Executives target Annual Cash Incentive amount for each such fiscal year will be the percentage of Base Salary designated as the target by the Committee, which target shall be at least one hundred percent ( 100% ) of the Base Salary then in effect for each applicable year. However, for fiscal year 2017, if the Executive remains employed by the Company on the last day of such fiscal year, the Committee shall award the Executive an Annual Incentive Bonus at least equal to $900,000 , and payment of the Executives fiscal year 2017 Annual Cash Incentive shall be made following such fiscal year in accordance with terms otherwise applicable to the Companys annual incentive compensation program. For fiscal year 2018, the Executives Annual Cash Incentive, if any, may be below (including zero), at, or above, the target based upon the achievement of the performance objectives, and payment of any such Annual Cash Incentive shall be in accordance with the terms of such program.

Named Entities:
90
91
Percentage
143
146
Salary

Tokenized Text:
(
b
)
Annual
Incentive
Compensation
.
The
Executive
shall
be
eligible
to
receive
an
annual
cash
bonus
for
the
Companys
fiscal
years
2017
and
2018
(
the
Annual
Cash
Incentive
)
based
on
performance
objectives
established
by
the
Compensation
Committee
of
the
Board
(
the
Committee
)
each
such
fiscal
year
.
The
Executives
target
Annual
Cash
Incentive
amount
for
each
such
fiscal
year
will
be
the
percentage
of
Base
Salary
designated
as
the
target
by
the
Committee
,
which
target
shall
be
at
least
one
hundred
percent
(
100
%
)
of
the
Base
Salary
then
in
effect
for
each
applicable
year
.
However
,
for
fiscal
year
2017
,
if
the
Executive
remains
employed
by
the
Company
on
the
last
day
of
such
fiscal
year
,
the
Committee
shall
award
the
Executive
an
Annual
Incentive
Bonus
at
least
equal
to
$
900
,
000
,
and
payment
of
the
Executives
fiscal
year
2017
Annual
Cash
Incentive
shall
be
made
following
such
fiscal
year
in
accordance
with
terms
otherwise
applicable
to
the
Companys
annual
incentive
compensation
program
.
For
fiscal
year
2018
,
the
Executives
Annual
Cash
Incentive
,
if
any
,
may
be
below
(
including
zero
)
,
at
,
or
above
,
the
target
based
upon
the
achievement
of
the
performance
objectives
,
and
payment
of
any
such
Annual
Cash
Incentive
shall
be
in
accordance
with
the
terms
of
such
program
.