2008 Incentive Compensation Program Amir Bassan-Eskenazi, President and Chief Executive Officer

EX-10.25 2 dex1025.htm DESCRIPTION OF 2008 INCENTIVE COMPENSATION PLAN Description of 2008 Incentive Compensation Plan

Exhibit 10.25

2008 Incentive Compensation Program

Amir Bassan-Eskenazi, President and Chief Executive Officer


2008 Officer Bonus Goal	First Half % Actual Achievement		Second Half % Actual Achievement		Annual Actual Achievement
1) Achieve revenues goal	40	%	31.6	%
2) Achieve earnings goal	25	%	46.6	%
3) Achieve bookings goal	NA		13.7	%
4) Achieve product release schedule goal	5	%	5.2	%
5) Achieve specified product plan goal	5	%	5	%
6) Achieve specified new product sales goal	5	%	5	%
7) Achieve specified customer satisfaction goal	11	%	10	%
8) Achieve employee satisfaction and retention goal	0	%	10.4	%

Total	91	%	100	%*	95.5	%

*	Total achievement is capped at 100%.

2008 Incentive Compensation Program

Maurice Castonguay, Senior Vice President and Chief Financial Officer


2008 Officer Bonus Goal	First Half % Actual Achievement		Second Half % Actual Achievement		Annual Actual Achievement
1) Achieve earnings goal	22	%	23.2	%
2) Achieve departmental budgeting goal	NA		5	%
3) Achieve cash and investments goal	3.5	%	7	%
4) Achieve expense hedging goal	7	%	7	%
5) Achieve investor relations, financial analyst relations, and operating results goals	21	%	13.8	%
6) Achieve financial controls goal	25	%	20	%
7) Achieve corporate governance goal	5	%	5	%
8) Achieve internal communication goal	4	%	10	%
9) Achieve employee satisfaction and retention goal	0	%	19.5	%

Total	87.5	%	100	%*	93.8	%

*	Total achievement is capped at 100%.

2008 Incentive Compensation Program

David Heard, Chief Operating Officer


2008 Officer Bonus Goal	First Half % Actual Achievement		Second Half % Actual Achievement		Annual Actual Achievement
1) Achieve specified bookings goal	6	%	9	%
2) Achieve specified margins goal	7	%	5.5	%
3) Achieve specified revenues goal	NA		5.3	%
4) Achieve specified earnings goal	NA		11.6	%
5) Achieve cost reduction and operating cost of goods goal	7	%	NA
6) Achieve product footprint goal	4	%	0	%
7) Achieve SDV market share goal	7	%	4.9	%
8) Achieve product delivery goals	6	%	8.6	%
9) Achieve product support goal	5	%	6.9	%
10) Achieve development process goal	5	%	5.3	%
11) Maintain low product returns	5	%	4	%
12) Maintain TL9000 certification	4	%	3.6	%
13) Achieve product release schedule goal	5	%	5	%
14) Achieve specified product plan goal	4	%	5	%
15) Achieve new product sales goal	10	%	5	%
16) Achieve customer satisfaction goal	11	%	5	%
17) Achieve customer response time goal	5	%	4.9	%
18) Achieve business operations goal	NA		3	%
19) Achieve employee satisfaction and retention goal	0	%	10.3	%

Total	91	%	100	%*	95.5	%

*	Total achievement is capped at 100%.

2008 Incentive Compensation Program

Ran Oz, Executive Vice President and Chief Technology Officer


2008 Officer Bonus Goal	First Half % Actual Achievement		Second Half % Actual Achievement		Annual Actual Achievement
1) Achieve specified product demonstration and trials goals	18	%	23	%
2) Achieve specified SDV development goal	18	%	22	%
3) Achieve specified product demonstration and development goal	13	%	12	%
4) Achieve QAM development strategy goal	11	%	6	%
5) Achieve specified on-demand product strategy goal	8	%	4.75	%
6) Achieve customer relations and positioning goal	5	%	12	%
7) Achieve specified innovation-related sales goal	NA		9	%
8) Achieve employee satisfaction and retention goal	0	%	7.75	%

Total	73	%	96.5	%	84.8	%