Document ID: 10987

Text:
(a) Discretionary Bonus. Executive will be eligible to receive an annual target cash bonus of 60% of Executives Base Salary (the Target Annual Bonus) (pro-rated for any portion of a year during which Executive is not employed by the Company) at the discretion of the Board or the Compensation Committee and contingent upon attainment of certain Company milestones and/or individual objectives as determined by the Board or the Compensation Committee. The actual annual bonus payable for any given year, if any, may be higher or lower than the Target Annual Bonus. Payment of such bonus is contingent upon continued employment with the Company at the time of payment unless otherwise specified herein or in the terms pursuant to which such bonus is granted. Executives Target Annual Bonus shall be reviewed periodically for potential increases pursuant to Company review policies applicable to senior executives by Compensation Committee or the Board.

Named Entities:
18
19
Percentage

Tokenized Text:
(
a
)
Discretionary
Bonus
.
Executive
will
be
eligible
to
receive
an
annual
target
cash
bonus
of
60
%
of
Executives
Base
Salary
(
the
Target
Annual
Bonus
)
(
pro-rated
for
any
portion
of
a
year
during
which
Executive
is
not
employed
by
the
Company
)
at
the
discretion
of
the
Board
or
the
Compensation
Committee
and
contingent
upon
attainment
of
certain
Company
milestones
and
/
or
individual
objectives
as
determined
by
the
Board
or
the
Compensation
Committee
.
The
actual
annual
bonus
payable
for
any
given
year
,
if
any
,
may
be
higher
or
lower
than
the
Target
Annual
Bonus
.
Payment
of
such
bonus
is
contingent
upon
continued
employment
with
the
Company
at
the
time
of
payment
unless
otherwise
specified
herein
or
in
the
terms
pursuant
to
which
such
bonus
is
granted
.
Executives
Target
Annual
Bonus
shall
be
reviewed
periodically
for
potential
increases
pursuant
to
Company
review
policies
applicable
to
senior
executives
by
Compensation
Committee
or
the
Board
.