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My advise is, do not rely on bonus as part of the compensation, even if they are in the contract the company may not give them if the full organisation doesn't reach the target. I made that mistake before and my total compensation was lower even when the base salary was higher.
In my personal experience the target bonus has been reserved for finalizing the offer negotiations. I'm guessing to make up for any shortfalls/limits in the base compensation. Has he had the opportunity to sit and speak with them?
I agree with the first comment. I wouldn't rely on that as part of comp. Then when it comes its like an extra added bonus.