No go for me.

Basically you're shown the best scenario. You're giving him the opportunity to slow your increment once every 3 months. He can just tell you "oh you didn't really do well this quarter, $250 increment, next quarter work harder"

What about bonus?

And no annual leave? What he mean by abuse? It's for us to decide when to use it. We are entitled to it. Come on you deserve a better firm.