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Cozen O'Connor
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The Atrium 1900 Market Street Philadelphia, PA 19103 (215) 665-2000 http://www.cozen.com

Effective Date: January 2004

Associate	Base Salary	Bonus Range		Bonus
Year		Low	High	Discretionary
1st Year	$110,000	$0	$0	Yes
2nd Year	$113,000	$0		Yes
3rd Year	$116,000	$0		Yes
4th Year	$120,000			Yes
5th Year	$125,000			Yes
6th Year	$130,000			No
7th Year	$135,000			Yes
8th Year

General Salary Comments:
2000 hours target. Cozen O'Connor has an associate bonus program, but it is discretionary. Associate bonuses in the year 2002 ranged from zero to $40K. Entry-level associates receive a $5,000 Bar stipend.

Hours (Effective Date: January 2004): 2000 Worked ; 2000 Billed ; 2000 Required (see Base Salary Per Hour Worked chart)

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