2005 Bonus Criteria (4) Individual/ Shares of Corporate/ Team 2005 Base 2004 Restricted Bonus Financial Performance Name Title Salary (1) Bonus Amount Stock (2) Range (3) Goals Goals Andrew C. Florance President & Chief Executive Officer $ 382,418 $ 302,310 15,920 0-100% 75% 25% Frank A. Carchedi Chief Financial Officer & Treasurer $ 213,637 $ 142,150 4,342 50-80% 60% 40% Christopher Tully (5) Sr. Vice President Sales & Customer Service $ 229,500 $ 6,563 (6) 172 (6) 0-35% 0% (5) 100% David Schaffel Chief Information Officer $ 182,946 $ 89,714 3,308 0-75% 40% 60% Craig Farrington Vice President Research $ 171,569 $ 93,724 2,068 0-75% 40% 60%

EX-10.1 2 w06825exv10w1.htm EXHIBIT 10.1 exv10w1
 

Exhibit 10.1

Summary Sheet regarding Compensation for Executive Officers

                                                                       
 
                                                      2005 Bonus Criteria (4)    
                                                                Individual/    
                                  Shares of                 Corporate/       Team    
              2005 Base       2004       Restricted      
Bonus
    Financial       Performance    
  Name     Title     Salary (1)       Bonus Amount       Stock (2)       Range (3)     Goals       Goals    
 
Andrew C. Florance
    President & Chief Executive Officer     $ 382,418       $ 302,310         15,920        
0-100%
        75%         25%    
 
Frank A. Carchedi
    Chief Financial Officer & Treasurer     $ 213,637       $ 142,150         4,342        
50-80%
        60%         40%    
 
Christopher Tully (5)
    Sr. Vice President Sales & Customer Service     $ 229,500       $ 6,563 (6)       172 (6)      
0-35%
        0% (5)       100%    
 
David Schaffel
    Chief Information Officer     $ 182,946       $ 89,714         3,308        
0-75%
        40%         60%    
 
Craig Farrington
    Vice President Research     $ 171,569       $ 93,724         2,068        
0-75%
        40%         60%    
 

  (1)   All salary increases will be effective as of April 1, 2005.
 
  (2)   The shares of restricted stock were granted to the executives under the Company’s 1998 Stock Incentive Plan, as amended. The shares vest over a four-year period, where one quarter of the shares vest on each of March 10, 2006, 2007, 2008 and 2009. A form of restricted stock agreement has been filed as an exhibit to the Company’s Annual Report of Form 10-K for the year ended December 31, 2004 and is incorporated by reference herein.
 
  (3)   The bonus range represents a percentage of the executive’s base salary.
 
  (4)   The table sets forth the break down for each executive officer of the percentage of such officer’s bonus that is based on achievement of corporate/financial goals and the percentage of such officer’s bonus that is based on achievement of individual/team performance goals. The criteria that the Committee uses to determine bonuses include, without limitation, the level of achievement of goals based on the following criteria: Company revenues, Company earnings, research, data quality, new and enhanced products, software development, management, customer service, accounts receivable, human resources, investor relations, financial reporting and sales. The criteria differ for each of the executive officers.
 
  (5)   Mr. Tully also has the ability to earn monthly commissions based on the Company’s monthly net new revenue amounts.
 
  (6)   Mr. Tully joined the Company in December 2004. His 2004 bonus amount and his restricted stock grant have been pro rated to reflect one month of employment with the Company.

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