The Management Network Group, Inc. 2012 Executive Incentive Compensation Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

The Management Network Group, Inc. has established a 2012 Executive Incentive Compensation Plan for key executives, including the CEO, CFO, and other senior leaders. The plan sets a bonus pool based on the company's Non-GAAP EBITDA performance, with specific payout amounts tied to financial targets. The total bonus pool is capped at $890,000. The Compensation Committee or independent directors will decide how the bonus pool is distributed among eligible participants. The plan excludes non-cash charges and extraordinary items from EBITDA calculations.

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EX-10.1 2 tmng-ex101.htm EXHIBIT 10.1 - 2012 EXECUTIVE INCENTIVE COMPENSATION PLAN tmng-ex101.htm
Exhibit 10.1

The Management Network Group, Inc.
2012 Executive Incentive Compensation Plan

The following is a description of the executive incentive compensation plan for fiscal year 2012 adopted by the independent members of the Board of Directors of The Management Network Group, Inc.:

The amount, if any, of the bonus pool for fiscal year 2012 (the "Payout Amount") will be determined as follows:

2012 Non-GAAP EBITDA (Post-Bonus) Exceeds1
  
Payout Amount
$2,750,000
  
$450,000
$3,025,000
  
$575,000
$3,300,000
  
$700,000
$3,630,000
  
$770,000
$3,970,000
  
$830,000
$4,310,000
  
$890,000
   
Payout Amount is capped at $890,000

 
Eligible Participants: President, Chief Executive Officer and Chief Financial Officer; Vice President and Controller; General Counsel; Vice President of Human Resources; Chief Knowledge Officer; Chief Technology Officer; Senior Vice President and Managing Director of CSMG; Managing Director of EMEA; Head of Business Development of EMEA; Senior Vice President of Broadband and Cable; and Senior Vice President of Carrier Operations.

The distribution of the Payout Amount, if any, among the Eligible Participants will be determined by the Compensation Committee and/or independent directors.


1 Non-GAAP EBITDA excludes non-cash charges and extraordinary one-time items approved by the Compensation Committee.