<Project xmlns="http://schemas.microsoft.com/developer/msbuild/2003" 
   DefaultTargets="FooCompilation">
   <PropertyGroup Condition="'$(Configuration)'==''">
      <Configuration>Debug</Configuration>
   </PropertyGroup>
   <PropertyGroup Condition="'$(Configuration)'=='Debug'">
      <Optimize>false</Optimize>
      <DebugSymbols>true</DebugSymbols>
      <OutputPath>.\bin\Debug</OutputPath>
   </PropertyGroup>
   <PropertyGroup Condition="'$(Configuration)'=='Release'">
      <Optimize>true</Optimize>
      <DebugSymbols>false</DebugSymbols>
      <OutputPath>.\bin\Release</OutputPath>
   </PropertyGroup>
   <ItemGroup>
      <File_Image Include="$(OutputPath)\Image.jpg"/>
      <NetModule_Foo2 Include="$(OutputPath)\Foo2.netmodule"/>
   </ItemGroup>
   <Import Project="Foo.target.proj"/>
</Project>