Deep-Rooted Customer Relationships. By utilizing our logistics solutions and access to our broad portfolio of contractual procurement vehicles, our customers may save time and money, which generates repeat business and fosters deep relationships with our customers
EX-10.7 7 y03683exv10w7.htm EX-10.7 exv10w7
Exhibit 10.7
 | Special Operations Equipment Solutions |
January 14, 2010
To: | Pat Bohlen | |
From: | Dan Clarkson/Luke Hillier | |
Re: | 2010 Compensation Plan Details |
Pat:
Below are the details for your 2010 Executive Compensation Plan. This plan goes into effect January 1, 2010.
Annual Base Salary
$7,161 paid bi-weekly, annualizes to $186,186
$7,161 paid bi-weekly, annualizes to $186,186
Annual Bonus Opportunity
$148,965
$148,965
Bonuses will be paid as a combination of quarterly achievement bonuses and a year-end EBITDA bonus.
| • | Quarterly Bonus Goal: $45,000 — $11,250/quarter | ||
| • | Year-End EBITDA Bonus Goal: $103,965 (at 100% EBITDA) |
Car Allowance
$650/month
$650/month
Total Target Earnings
$342,951
$342,951
This compensation plan is subject to change at the sole discretion of the company. Please be advised that business needs may require occasional shifts in goals, territories, and personnel. Compensation information is private and confidential and for your sole use. Any employee found to be sharing compensation information may be subject to disciplinary action up to and including termination. This document in no way implies a contract for continued employment. Employment with ADS is At-Will.
/s/ Daniel Clarkson | /s/ Pat Bohlen | |||||
Daniel Clarkson | date | Pat Bohlen | date |
