comScore, Inc. 2009 Executive Compensation Bonus Policy Summary

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

comScore, Inc.'s Compensation Committee approved a 2009 bonus policy for its executive officers, including the CEO, CFO, Executive Chairman, CTO, and General Counsel. Under this policy, bonuses for 2009 will be paid entirely in restricted stock awards, with target award levels set as a percentage of each executive's base salary. Awards, if granted, will be issued in early 2010 based on performance. One-quarter of each award will vest immediately, while the remaining shares will vest evenly over the next three years.

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EX-10.22 2 w73183exv10w22.htm EX-10.22 exv10w22
Exhibit 10.22
Summary of 2009 Executive Compensation Bonus Policy
On March 10, 2009, the Compensation Committee of the Board of Directors of comScore, Inc. (the “Company”), following a review of the Company’s executive compensation program in conjunction with its outside compensation consultant, approved a policy authorizing bonuses based on executive performance during the Company’s 2009 fiscal year to be paid entirely with awards of restricted stock according to the following target bonus award levels for each of the Company’s named executive officers below:
                 
            Target Restricted Stock
            Award Level as a
Name and Principal Position   2009 Base Salary   % of Base Salary
Magid M. Abraham, Ph.D.
   $ 425,000       240 %
President, Chief Executive Officer And Director
                
 
                
John M. Green
   $ 302,400       125 %
Chief Financial Officer
                
 
                
Gian M. Fulgoni
   $ 375,000       190 %
Executive Chairman of the Board Of Directors
                
 
                
Gregory T. Dale
   $ 275,600       92 %
Chief Technology Officer
                
 
                
Christiana L. Lin
   $ 250,000       92 %
General Counsel and Chief Privacy Officer
                
The Company anticipates that the above bonus restricted stock awards, if awarded, will be made during the first quarter of 2010 based on each executive’s actual performance. The Company further expects that one-quarter of the number of shares of the restricted stock award to each named executive officer would vest immediately upon the grant date, and the remaining three-quarters of the shares of the restricted stock award would vest ratably over the three-year period following the grant date.