2018 Cash Bonus Plan
EX-10.1 2 a2018cashbonusplan.htm EXHIBIT 10.1 Exhibit
Exhibit 10.1
2018 Cash Bonus Plan
Eligible Employees: Executive Officers, Vice Presidents, Directors, Managers, and Individual Contributors
• | Bonus target payouts based on a percentage of base salary; |
• | Payouts to CFO, COO and Vice President, General Counsel & Secretary will be entirely based on achievement of certain minimum targets, and 200% payable upon the achievement of certain maximum target levels; |
• | Payouts to Directors are based 30% on corporate targets, and 70% on management business objectives; |
• | Payouts to Managers are based 0% on corporate targets, and 100% on management business objectives; |
• | Payouts to Individual Contributors are based 0% on corporate targets, and 100% on management business objectives; |
• | Bonus targets are as follows (expressed as a percentage of base salary): |
Target Payout | Financial Weight (Adj. EBITDA) | Management Business Objectives Weight | ||||
CFO | 50% | 100% | 0% | |||
COO | 50% | 100% | 0% | |||
VP & General Counsel | 40% | 100% | 0% | |||
VPs | 35% | 100% | 0% | |||
Directors | 15% | 30% | 70% | |||
Managers | 10% | 0% | 100% | |||
Individual Contributors | 5% | 0% | 100% | |||
