2015 CASH BONUS PLAN

EX-10.1 2 d871131dex101.htm EX-10.1 EX-10.1

Exhibit 10.1

2015 CASH BONUS PLAN

Eligible Executives: Executive Officers, Vice Presidents, Directors and Managers

 

    Bonus target payouts based on a percentage of base salary.

 

    Payouts to CEO, CFO and CMO will be entirely based on achievement of corporate EBITDA targets with 50% payable upon the achievement of certain minimum target levels, 75% payable upon the achievement of certain mid-level target levels, and 100% payable upon the achievement of certain maximum target levels.

 

    Payouts to VPs are based 50% on the above corporate targets, and 50% based on management business objectives.

 

    Payouts to Directors are based 30% on the above corporate targets, and 70% based on management business objectives.

 

    Payouts to Managers are based 0% on the above corporate targets, and 100% based on management business objectives.

 

    Maximum Bonus Amounts are as follows (expressed as a percentage of base salary):

 

CEO 75%
CFO 50%
CMO 50%
VPs 25%
Directors 15%
Managers 10%