Form of Executive Officer Bonus Plan for FY 2007

Summary

This agreement outlines the bonus plan for executive officers for fiscal year 2007. Bonuses are based on a combination of operating income and revenue targets, with payments made quarterly and the opportunity to earn up to 100% of base salary. The plan includes a detailed table showing bonus percentages based on performance levels, and 34% of the bonus is tied to key management objectives. The Board and Compensation Committee have discretion to adjust bonus payments based on company performance or other circumstances.

EX-10.2 2 dex102.htm FORM OF EXECUTIVE OFFICER BONUS PLAN Form of Executive Officer Bonus Plan

Exhibit 10.2

Form of Executive Officer Bonus Plan – FY 2007

Assumptions:


Focus		Operating Income weighted 50%, Revenue weighted 50%, 66% of overall bonus opportunity

Payment		Quarterly

Opportunity		100% of Base Salary

Quarterly Minimums		Break even, 80% of revenue plan

Board Discretion		This bonus table is for guideline purposes only—actual amounts may vary

Executive		[Name]


% Revenue	Operating Income
	Break Even		Above 80%		Above 90%		100%		Above 100%		Above 110%		Above 120%
Under 80%	10	%	16	%	22	%	34	%	40	%	52	%	64	%
80%	14	%	20	%	26	%	38	%	44	%	56	%	68	%
85%	18	%	24	%	30	%	42	%	48	%	60	%	72	%
90%	22	%	28	%	34	%	46	%	52	%	64	%	76	%
95%	26	%	32	%	38	%	50	%	56	%	68	%	80	%
100%	30	%	36	%	42	%	54	%	60	%	72	%	84	%
110%	38	%	44	%	50	%	62	%	68	%	80	%	92	%
125%	46	%	52	%	58	%	70	%	76	%	88	%	100	%

In addition to the above table, 34% of overall quarterly bonus opportunity will be earned based on achievement of key management objectives established at the beginning of the fiscal year.

The Board may in its discretion award bonuses on a quarterly or annual basis based on operating performance, corporate events or other circumstances which in the Compensation Committee's discretion is warranted.