Extract to table

The maximum annual bonus shall be 150% of the target bonus amount, or $646,875

The exercise price shall be set at fair market value as of the date of grant, as determined by the Board in accordance with the Plan and Section 409A of the Internal Revenue Code

All intellectual property developed by the Executive during the period of employment and relating to AHT's business or reasonably anticipated business shall be assigned to the Company

The second draft provides that the $15,000 annual professional development allowance shall be available for use at any time during the applicable calendar year, and shall reset on January 1 of each subsequent calendar year

The second draft includes, as a Good Reason trigger, "a material breach by the Company of its material obligations under this Agreement" — subject to the following conditions: (a) the Executive must provide written notice to the Company specifying the nature of the breach within thirty (30) days after the Executive first becomes aware (or reasonably should have become aware) of the breach; (b) the Company shall have thirty (30) days following receipt of such notice to cure the breach (or, if the breach is not reasonably susceptible to cure within thirty (30) days, to commence cure and diligently pursue completion thereof); and (c) the Executive must resign within fifteen (15) days following the expiration of the cure period if the breach remains uncured

AHT acknowledges the reasonableness of this concern and has offered the following compromise in the second draft: • Voluntary Resignation (Other Than for Good Reason): Pro-rata clawback — the Executive shall repay a proportionate share of the $250,000 signing bonus based on the number of months remaining in the twenty-four (24) month clawback period