Common use of Performance Target Clause in Contracts

Performance Target. If, at the conclusion of the one (1) year period following the Effective Date of the Employment Agreement, the Employee has secured on behalf of the Company more than seven (7) Contracts with Affiliates in Top 25 Markets (the “Initial Seven”), Employee shall earn, in addition to the Incentive Bonus outline in subparagraph (a), an additional $22,500.00 Incentive Bonus per Affiliate, up to a total of five (5) Affiliates in excess of the Initial Seven, for a total annual Incentive Bonus of no more than $225,000.00. Any Affiliate(s) in the Top 25 Markets with which the Employee has secured a Contract during the one (1) year period following the Effective Date of the Agreement in excess of twelve (12) shall be carried over to the Performance Target applicable to the second year of the Employment Agreement, as outlined below in Paragraph 2(a).