2014 CASH BONUS PLAN
Contract Categories:
Human Resources
- Bonus & Incentive Agreements
EX-10.7 3 d653001dex107.htm EX-10.7 Prepared by R.R. Donnelley Financial -- EX-10.7
Exhibit 10.7
2014 CASH BONUS PLAN
Eligible Executives: CEO, CFO, Division Executives, VPs, Senior Directors
| • | Bonus pool is funded by achievement of payout targets with an 80% threshold, 100% target and 120% maximum, with ratable payouts in between |
| • | Bonus target payouts based on a percentage of base salary |
| • | Bonus are weighted 20% in Q1, 20% in Q2, 20% in Q3 and 40% in Q4 |
| • | Payouts to the CEO and CFO will be weighted as follows: |
| • | 40% based on consolidated revenue growth |
| • | 30% based on EBITDA |
| • | 15% based on growth of mobile |
| • | 15% based on B2B growth |
| • | Payouts to the remaining executives will have weighted factors commensurate with job duties and divisional responsibilities |
| Bonus as a Percentage of Base Salary | ||||||||||||
| At minimum (80%) | At 100% | At maximum (120%) | ||||||||||
| CEO | 48 | % | 60 | % | 72 | % | ||||||
| CFO | 20 | % | 40 | % | 48 | % | ||||||
| Division Executives | 22 | % | 35 | % | 42 | % | ||||||
| VPs | varies | 25 | % | varies | ||||||||
| Senior Directors | varies | 20 | % | varies | ||||||||
