Document ID: 16072

Text:
5.2. Bonus. Executive shall be eligible annually under a Company bonus plan providing for a maximum bonus of forty percent ( 40% ) of the Base Salary. The amount of the bonus shall be determined by the Board of Directors, based on its assessment, in its discretion, of Executives performance and that of the Company against appropriate goals established annually by the Board of Directors. Any bonus compensation less applicable taxes and withholding paid to Executive shall be in addition to the Base Salary.

Named Entities:
25
26
Percentage

Tokenized Text:
5
.
2
.
Bonus
.
Executive
shall
be
eligible
annually
under
a
Company
bonus
plan
providing
for
a
maximum
bonus
of
forty
percent
(
40
%
)
of
the
Base
Salary
.
The
amount
of
the
bonus
shall
be
determined
by
the
Board
of
Directors
,
based
on
its
assessment
,
in
its
discretion
,
of
Executives
performance
and
that
of
the
Company
against
appropriate
goals
established
annually
by
the
Board
of
Directors
.
Any
bonus
compensation
less
applicable
taxes
and
withholding
paid
to
Executive
shall
be
in
addition
to
the
Base
Salary
.