Description of Second Half 2011 Incentive Compensation Plan Goals 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
Second Half Bonus Potential | $ | 222,480 | ||||||
2011 Officer Bonus Goal | Second Half % Goal Weighting | |||||||
1) Achieve bookings goal | 25 | |||||||
2) Achieve operating income goal | 25 | |||||||
3) Achieve customer satisfaction goal | 25 | |||||||
4) Achieve product development goal | 25 | |||||||
Total | 100 | % |
2011 Incentive Compensation Program
Ravi Narula, Senior Vice President and Chief Financial Officer
Second Half Bonus Potential | $ | 75,930 | ||||||
2011 Officer Bonus Goal | Second Half % Goal Weighting | |||||||
1) Achieve balance sheet and accounts receivable goal | 7.50 | |||||||
2) Achieve gross margin and operating expense goal | 10.00 | |||||||
3) Achieve processes improvements goal | 7.50 | |||||||
4) Achieve audit and financial controls goal | 15.00 | |||||||
5) Achieve employee satisfaction and retention goal | 5.00 | |||||||
6) Achieve investor relations goal | 5.00 | |||||||
7) Achieve group goal (CEO’s goal) | 50.00 | |||||||
Total | 100.00 | % |
2011 Incentive Compensation Program
Yaki Avimor, Sr. Vice President of Research & Development
Second Half Bonus Potential | $ | 68,263 | ||||||
2011 Officer Bonus Goal | Second Half % Goal Weighting | |||||||
1) Achieve specified new technology customer support goal | 7.00 | |||||||
2) Achieve specified product delivery goal per plan | 30.50 | |||||||
3) Achieve product quality goal | 3.50 | |||||||
4) Achieve teamwork goal | 4.50 | |||||||
5) Achieve budget goal | 4.50 | |||||||
6) Achieve corporate goal (CEO’s goal) | 50.00 | |||||||
Total | 100.00 | % |
2011 Incentive Compensation Program
Rajive Dhar, Sr. Vice President and Chief Strategy Officer
Second Half Bonus Potential | $ | 76,500 | ||||||
2011 Officer Bonus Goal | Second Half % Goal Weighting | |||||||
1) Achieve specified technology goal and supervision of CTO organization | 7.50 | |||||||
2) Achieve product roadmap and related budgeting goal | 22.50 | |||||||
3) Achieve corporate development and strategic partnering goal | 12.50 | |||||||
4) Achieve teamwork goal | 2.50 | |||||||
5) Achieve marketing communications goal | 5.00 | |||||||
6) Achieve corporate goal (CEO’s goal) | 50.00 | |||||||
Total | 100.00 | % |
2011 Incentive Compensation Program
Rob Horton, Senior Vice President and General Counsel
Second Half Bonus Potential | $ | 82,500 | ||||||
2011 Officer Bonus Goal | Second Half % Goal Weighting | |||||||
1) Achieve corporate governance securities compliance goal | 15.00 | |||||||
2) Achieve legal department customer satisfaction goal | 12.50 | |||||||
3) Achieve human resource goal | 12.50 | |||||||
4) Achieve litigation management goal | 5.00 | |||||||
5) Achieve teamwork goal | 5.00 | |||||||
6) Achieve corporate goal (CEO’s goal) | 50.00 | |||||||
Total | 100.00 | % |