 Who will determine the target participation levels for the Annual Bonus Plan?
Employee shall be eligible to receive an annual bonus as set forth in the Company's Annual Bonus Plan ("Annual Bonus"), which is incorporated herein by reference. Pursuant to the Annual Bonus Plan, the Compensation Committee will review the plan annually to determine target participation levels and establish goals and subsequent payout levels against those goals. Subject to the Compensation Committee’s discretion to adjust Employee’s target participation level (e.g., to reflect changes in roles or modifications to pay mix), Employee’s target opportunity during the Term shall be $450,000. For 2016 alone, Employee’s Annual Bonus will be guaranteed for a payout at 100% of the target and will be paid on or before March 15, 2017.
the Compensation Committee’s