Common use of Performance Target Clause in Contracts

Performance Target. Except as otherwise provided in Section 3(f)(iii) hereof, in the event that the "Performance Target" set forth in Exhibit A to the minutes of the March 11, 1999 meeting of the Compensation Committee of Employer's Board shall not have been achieved by the Company, then upon written notice referencing this Section 3(g) given by the Board to Executive at any time during the sixty day period commencing March 31, 2000, (i) Section 1 hereof shall be amended by replacing the date AMarch 31, 2003" with the date "▇▇▇▇▇ ▇▇, ▇▇▇▇", (▇▇) Section 3(a) hereof shall be amended by deleting the words Athe Salary shall be increased to $515,000" and the words "beginning April 1, 2001" from the proviso therein (iii) Section 3(d) hereof shall be amended by deleting clause (ii) thereof and re-numbering the remaining clauses of said Section accordingly; and (iv) Section 3(f) hereof shall be amended by deleting clause (i) thereof and re-numbering the remaining clauses of said Section accordingly.

Performance Target. Except as otherwise provided in Section 3(f)(iii) hereof, in the event that the "" Performance Target" set forth in Exhibit A to the minutes of the March 11, 1999 meeting of the Compensation Committee of Employer's Board shall not have been achieved by the Company, then upon written notice referencing this Section 3(g) given by the Board to Executive at any time during the sixty day period commencing March 31, 2000, (i) Section 1 hereof shall be amended by replacing the date AMarch "March 31, 2003" with the date "▇▇▇▇▇ ▇▇, ▇▇▇▇", (▇▇) Section 3(a) hereof shall be amended by deleting the words Athe "the Salary shall be increased to $515,000386,250" and the words "beginning April 1, 2001" from the proviso therein therein, (iii) Section 3(d) hereof shall be amended by deleting clause (ii) thereof and re-numbering the remaining clauses of said Section accordingly; and (iv) Section 3(f) hereof shall be amended by deleting clause (i) thereof and re-numbering the remaining clauses of said Section accordingly.

Performance Target. Except as otherwise provided in Section 3(f)(iii3(e)(iii) hereof, in the event that the "Performance Target" set forth in Exhibit A to the minutes of the March 11, 1999 meeting of the Compensation Committee of Employer's Board shall not have been achieved by the Company, then upon written notice referencing this Section 3(g3(f) given by the Board to Executive at any time during the sixty day period commencing March 31, 2000, (i) Section 1 hereof shall be amended by replacing the date AMarch "March 31, 2003" with the date "▇▇▇▇▇ ▇▇, ▇▇▇▇", (▇▇) Section 3(a) hereof shall be amended by deleting the words Athe "the Salary shall be increased to $515,000" and the words "beginning April 1, 2001" from the proviso therein (iii) Section 3(d) hereof shall be amended by deleting clause (ii) thereof and re-numbering the remaining clauses of said Section accordingly; and (iv) Section 3(f3(e) hereof shall be amended by deleting clause (i) thereof and re-numbering the remaining clauses of said Section accordingly.