2015 CASH BONUS PLAN
Contract Categories:
Human Resources
- Bonus & Incentive Agreements
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% |
