Jem Aswad Senior Music EditorLive Nation has re-upped longtime CEO Michael Rapino to a new five-year contract that will see him earn $30 million year if he and the company meet performance metrics, according to documents filed with the SEC.While Rapino’s annual salary holds at his previous $3 million per year, the annual target cash bonus is climbing from $6 million to $17 million per year. The news was first reported by the Hollywood Reporter.Starting next year, Rapino will also be eligible for an annual grant of restricted shares valued at no less than $10 million.