Summaryof Plan Terms for 2007 Executive Short-Term Incentive Plan

EX-10.1 2 a07-17872_1ex10d1.htm EX-10.1

Exhibit 10.1

Summary of Plan Terms for 2007 Executive Short-Term Incentive Plan

The Advent Software 2007 Executive Short-Term Incentive Plan (“the Plan”) is designed to motivate and reward the Executive Team for short-term achievement of key bookings, revenue and operating profit milestones during the 2007 fiscal year.  A summary of the terms follows:

·                  The Plan is applicable to the President and CEO and executive-level members of the Advent’s Executive Management Team (the “Executives”)

·                  The individual plans establish various target amounts, performance measures and goals of the cash bonuses awarded under the Plan for each Executive.

·                  Target amounts range from a total per individual of $90,000 to $275,000.

·                  Plan targets are based on bookings, recognized revenue, operating profit and individual executive performance relative to goals.

·                  The Plan is an annual plan and is effective for fiscal year 2007. any bonuses earned will be paid in the first quarter of 2008.

·                  The Plan may be renewed at the election of the Company for future periods.