EXECUTIVE LEADERSHIP BONUS PLAN SCHEDULE Pursuant to the Fiscal Year 2011 Campus Support Bonus Plan
EX-10.2 2 dex102.htm FORM OF EXECUTIVE BONUS PLAN SCHEDULE Form of Executive Bonus Plan Schedule
Exhibit 10.2
EXECUTIVE LEADERSHIP
BONUS PLAN SCHEDULE
Pursuant to the Fiscal Year 2011 Campus Support Bonus Plan
| Award as a % of Annual Base Pay | Components | |||||||||||||||||||||||||||||||||||||||
| Target % | Company Budgeted Operating Profit | 100 | % | |||||||||||||||||||||||||||||||||||||
| Maximum % | ||||||||||||||||||||||||||||||||||||||||
| Gate | ||||||||
| Compliance - The company must receive an annual average compliance audit score of “3.5” or better to achieve a bonus award under both company operating profit and management objectives. | ||||||||
Company Budgeted Operating Profit Payout Tiers (1)
| % of Operating Profit Goal Achieved | Company Profit Portion as % Salary | |||||||||
| Maximum | ³ | 130.0 | % | 200.0 | % | |||||
| 124.0 | % | 180.0 | % | |||||||
| 118.0 | % | 160.0 | % | |||||||
| 112.0 | % | 140.0 | % | |||||||
| 106.0 | % | 120.0 | % | |||||||
| Target | 100.0 | % | 100.0 | % | ||||||
| 98.0 | % | 66.0 | % | |||||||
| 96.0 | % | 57.0 | % | |||||||
| 94.0 | % | 48.0 | % | |||||||
| 92.0 | % | 39.0 | % | |||||||
| 90.0 | % | 30.0 | % | |||||||
| < | 90.0 | % | 0.0 | % | ||||||
(1) Awards for performance levels shown are calculated using interpolation between points.
