EX-10.1 2 ex101.htm FORM OF EXECUTIVE OFFICER BONUS PLAN ex101.htm

Exhibit 10.1
Form of Executive Officer Bonus Plan – FY 2009
 
 
 
 Assumptions:  
 Focus  Operating Income weighted 50%; Revenue weighted 50%; 67% of overall bonus opportunity
 Payment  Quarterly
 Opportunity  Rob Eberle – 120% of base salary
   Peter Fortune – 100% of base salary
 Quarterly Minimums  80% of revenue and operating income plan
 Board Discretion  This bonus table is for guideline purposes only – actual amounts may vary
 Executive  Rob Eberle and Pete Fortune
 
 
 % Revenue  Operating Income
   ­Above 80%  Above 90%  100%    Above 100%    Above 110%   Above 120%
80%
20%
25%
35%
45%
55%
65%
85%
25%
30%
45%
55%
65%
75%
90%
30%
35%
55%
65%
75%
85%
95%
35%
45%
65%
75%
85%
90%
100%
40%
55%
75%
85%
90%
95%
105%
45%
65%
85%
90%
95%
100%
110%
50%
75%
90%
95%
100%
100%
 
In addition to the above table, 33% of overall quarterly bonus opportunity will be earned based on achievement of key management objectives established at the beginning of the fiscal year.
 
The Board may in its discretion award bonuses on a quarterly or annual basis based on operating performance, corporate events or other circumstances which in the Compensation Committee’s discretion is warranted.