Document ID: 11725

Text:
3.2 Discretionary Bonus. At the sole discretion of the Board and Chief Executive Officer, promptly following each calendar year of employment CFO shall be eligible to receive a discretionary cash bonus of up to 30% of CFO s then-current base salary (the Bonus), based on CFO s achievement relative to certain performance goals (Performance Goals) to be established by the Chief Executive Officer in writing in a manner reasonably consistent with the Companys priorities. The determination of whether CFO has met the Performance Goals for any given year, and if so, the amount of any Bonus that will be paid for such year (if any), shall be determined by the Board and Chief Executive Officer in their sole and

Named Entities:
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16
Role
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25
Role
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Percentage
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Role
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Role

Tokenized Text:
3
.
2
Discretionary
Bonus
.
At
the
sole
discretion
of
the
Board
and
Chief
Executive
Officer
,
promptly
following
each
calendar
year
of
employment
CFO
shall
be
eligible
to
receive
a
discretionary
cash
bonus
of
up
to
30
%
of
CFO
s
then-current
base
salary
(
the
Bonus
)
,
based
on
CFO
s
achievement
relative
to
certain
performance
goals
(
Performance
Goals
)
to
be
established
by
the
Chief
Executive
Officer
in
writing
in
a
manner
reasonably
consistent
with
the
Companys
priorities
.
The
determination
of
whether
CFO
has
met
the
Performance
Goals
for
any
given
year
,
and
if
so
,
the
amount
of
any
Bonus
that
will
be
paid
for
such
year
(
if
any
)
,
shall
be
determined
by
the
Board
and
Chief
Executive
Officer
in
their
sole
and