Fiscal 2014 Variable Compensation Plan Payout Scale
Contract Categories:
Human Resources
›
Bonus & Incentive Agreements
Summary
This document outlines the payout scale for the Fiscal 2014 Variable Compensation Plan, detailing how bonuses are calculated for eligible employees based on company revenue and pre-VCP EBITDA performance for the first and second halves of the fiscal year. The plan specifies thresholds, bonus multipliers, and payout ratios, with certain financial figures omitted for confidentiality. The agreement sets the structure for how and when bonuses are earned, depending on the company's financial results.
EX-10.2 3 ex102fiscal2014q1.htm FISCAL 2014 VARIABLE COMPENSATION PLAN PAYOUT SCALE EX10.2FISCAL2014Q1
Fiscal 2014 Variable Compensation Plan Payout Scale Exhibit 10.2
FY14 VCP 1st half and 2nd half | |||||||||||||||||
First Half | |||||||||||||||||
Bonus % Multiplier | Threshold: | ||||||||||||||||
200 | [*] | • Revenue | $[*] ([*]% of $[*]M) | ||||||||||||||
• Pre-VCP EBITDA | $[*] ([*]% of $[*]M) | ||||||||||||||||
[*] | % Multiplier | Cumulative Bonus $ | Cumulative EBITDA $ | Incremental Bonus $ | Incremental EBITDA $ | Bonus Ratio | |||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | |||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | ||||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | |||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | ||||||||||||
0 | [*] | [*] | [*] | [*] | [*] | [*] | |||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
Pre-VCP EBITDA $M | |||||||||||||||||
Second Half | |||||||||||||||||
Bonus % Multiplier | Threshold: | ||||||||||||||||
200 | [*] | • Revenue | $[*] ([*]% of $[*]M) | ||||||||||||||
• Pre-VCP EBITDA | $[*] ([*]% of $[*]M) | ||||||||||||||||
[*] | % Multiplier | Cumulative Bonus $ | Cumulative EBITDA $ | Incremental Bonus $ | Incremental EBITDA $ | Bonus Ratio | |||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | ||||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | |||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | ||||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | |||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | ||||||||||||
0 | |||||||||||||||||
[*] | [*] | [*] | [*] | [*] | [*] | [*] | [*] | ||||||||||
Pre-VCP EBITDA $M | |||||||||||||||||
[*] CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.