Addendum to EFI 2014 Executive Performance Bonus Program for Section 16 Officers

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This addendum modifies the EFI 2014 Executive Performance Bonus Program for Section 16 officers at Electronics For Imaging, Inc. It updates the way performance results are adjusted, specifying that results will now account for certain non-recurring material items, such as significant acquisitions or dispositions. All other terms of the original program remain unchanged, and in case of any conflict, the terms of this addendum take precedence. Both the participant and the company must sign to acknowledge and accept these changes.

Read More Arrow
EX-10.1 2 d744002dex101.htm EX-10.1 EX-10.1

Exhibit 10.1

 

 

Addendum to EFI 2014 Section 16 Officer - Executive Performance Bonus Program   

 

   

This Addendum amends the terms and conditions of the EFI 2014 Executive Performance Bonus Program.

The paragraph entitled “Adjustments” in the original Program document is amended and restated in its entirety, and replaced by the following language:

Adjustments - The results will be adjusted for certain non-recurring material items which are not included in the original calculation of the performance targets such as results from a significant acquisitions, dispositions, and/or bookings.

Except as set forth above, all capitalized terms referred to herein shall have the meanings ascribed to them in the Program, and all other terms and conditions of the Program shall continue in full force and effect. In the event of any inconsistency or conflict between the Program and this Addendum, the terms of this Addendum shall control.

I have read and understand the terms of this Addendum and the documents referred to herein, and I agree to these terms and the terms of such other documents.

 

 

 

 

    

 

[Participant Name]     [Date]

 

    

 

Electronics For Imaging, Inc.     [Date]