CAMBEX CORPORATION
Incentive Bonus Plan
The Cambex Corporation Incentive Bonus Plan is intended to advance the interests of Cambex Corporation and
its wholly owned subsidiaries (the "Company") by providing incentives for its employees to increase the
Company's profitability.
The terms of the Incentive Bonus Plan are as follows:
1. Term. The Plan shall continue through the fiscal year ending August 31, 19__. It may be continued after that
time by action of the Cambex's Board of Directors.
2. Awards. The Board of Directors may from time to time make awards to such key employees of the Company
as are selected by the Board of Directors in its discretion. Each award shall represent the right to earn a
percentage of the pretax profit, as defined, of the Company or one of its business segments. All awards shall be
made effective as of the beginning of a fiscal quarter and shall continue until the end of the fiscal year. It is
intended, although not required, that awards shall generally be made annually and shall be effective for a full fiscal
year.
3. Pre-Tax Profits. In general, awards to employees will be made based on pretax profits on the entire Company.
If so determined by the Board, awards may be made on the basis of the contribution to pretax profits form a
particular segment of the Company's business. In any such case, the awards shall specify the method of attributing
pretax profits to the segment. The maximum aggregate incentive bonus awards for any fiscal year shall be 15% of
the Company's pretax profits for such year, except as provided in paragraphs 4 and 5. For the purposes of the
Plan, the Company's "pretax profit" shall mean its net income before taxes, as such net income appears in its
financial statements, adjusted to eliminate items occurring outside the ordinary course of business, such as any
profit or loss associated with the closedown of an operation, the sale of a material amount of assets outside the
ordinary course, the adjustment of indebtedness arising prior to Aug