Description of First Half 2011 Incentive Compensation Plan Goals and Awards for the Named Executive Officers
EX-10.1 2 ex10_1.htm EXHIBIT 10.1 ex10_1.htm
Exhibit 10.1
2011 Incentive Compensation Program
Amir Bassan-Eskenazi, President and Chief Executive Officer
| First Half Bonus Potential | $222,480 | |||||
| 2010 Officer Bonus Goal | First Half % Goal Weighting | First Half % Achievement | ||||
| 1) Achieve bookings goal | 20 | % | 0 | % | ||
| 2) Achieve revenues goal | 20 | % | 0 | % | ||
| 3) Achieve opex goal | 20 | % | 0 | % | ||
| 4) Achieve product development goal | 20 | % | 0 | % | ||
| 5) Achieve teamwork goal | 20 | % | 0 | % | ||
| Total | 100 | % | 0 | % | ||
| First Half Payout | $ 0 | |||||
2011 Incentive Compensation Program
Ravi Narula, Senior Vice President and Chief Financial Officer
| First Half Bonus Potential | $75,930 | |||||
| 2010 Officer Bonus Goal | First Half % Goal Weighting | First Half % Achievement | ||||
| 1) Achieve operating results goal | 20.00 | % | 14.00 | % | ||
| 2) Achieve financial management goal | 10.00 | % | 9.42 | % | ||
| 3) Achieve processes improvements goals | 7.50 | % | 5.58 | % | ||
| 4) Achieve audit and financial controls goal | 15.00 | % | 15.00 | % | ||
| 5) Achieve employee satisfaction and retention goal | 2.50 | % | 3.00 | % | ||
| 6) Achieve group goal (CEO’s goals) | 50.00 | % | 0.00 | % | ||
| Total | 100 | % | 47.00 | % | ||
| First Half Payout | $35,687 | |||||
2011 Incentive Compensation Program
Rob Horton, Senior Vice President and General Counsel
| First Half Bonus Potential | $75,000 | |||||
| 2010 Officer Bonus Goal | First Half % Goal Weighting | First Half % Achievement | ||||
| 1) Achieve corporate governance securities compliance goal | 10.00 | % | 11.88 | % | ||
| 2) Achieve legal department customer satisfaction goal | 10.00 | % | 10.87 | % | ||
| 3) Achieve human resource goals | 10.00 | % | 8.91 | % | ||
| 4) Achieve Board of Directors support goals | 7.50 | % | 8.95 | % | ||
| 5) Achieve litigation management goals | 10.00 | % | 11.87 | % | ||
| 6) Achieve teamwork goals | 2.50 | % | 2.97 | % | ||
| 7) Achieve group goal (CEO’s goals) | 50.00 | % | 0.00 | % | ||
| Total | 100.00 | % | 50.00 | % | ||
| First Half Payout | $37,500 | |||||
2011 Incentive Compensation Program
Ran Oz, Executive Vice President and Chief Technology Officer*
| First Half Bonus Potential | $67,500 | |||||
| 2010 Officer Bonus Goal | First Half % Goal Weighting | First Half % Achievement | ||||
| 1) Achieve specified technology demonstration goals | 12.50 | % | 0 | % | ||
| 2) Achieve roadmap goals | 15.00 | % | 0 | % | ||
| 3) Achieve corporate development goals | 7.50 | % | 0 | % | ||
| 4) Achieve intellectual property goal | 5.00 | % | 0 | % | ||
| 5) Achieve partnership goals | 5.00 | % | 0 | % | ||
| 6) Achieve teamwork goals | 5.00 | % | 0 | % | ||
| 7) Achieve group goal (CEO’s goals) | 50.00 | % | 0 | % | ||
| Total | 100 | % | 0 | % | ||
| First Half Payout | $ 0 | |||||
* Mr. Oz exited full-time employment in April 2011, and consequently was no longer eligible for payment
