Bonus % of salary, NI Growth 10.000%

Contract Categories: Human Resources - Bonus & Incentive Agreements
EX-10.36 2 a05-2250_1ex10d36.htm EX-10.36

Exhibit 10.36

 

Enterprise Bancorp

Executive Officer Supplemental Bonus Table

Fiscal Year 2005

 

Net Income growth*

 

Name

 

Bonus %
of salary,
NI Growth
10.000%

 

Bonus %
of salary,
NI Growth
11.000%

 

Bonus %
of salary,
NI Growth
12.000%

 

Bonus %
of salary,
NI Growth
13.000%

 

Bonus %
of salary,
NI Growth
14.000%

 

Bonus %
of salary,
NI Growth
15.000%

 

Bonus %
of salary,
NI Growth
16.000%

 

Bonus %
of salary,
NI Growth
17.000%

 

Bonus %
of salary,
NI Growth
18.000%

 

Bonus %
of salary,
NI Growth
19.000%

 

Bonus %
of salary,
NI Growth
20.000%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

George L. Duncan

 

10.000

%

18.300

%

26.600

%

35.000

%

43.300

%

51.600

%

59.900

%

68.200

%

76.500

%

84.800

%

93.100

%

Richard W. Main

 

10.000

%

18.300

%

26.600

%

35.000

%

43.300

%

51.600

%

59.900

%

68.200

%

76.500

%

84.800

%

93.100

%

Jack P Clancy

 

10.000

%

18.300

%

26.600

%

35.000

%

43.300

%

51.600

%

59.900

%

68.200

%

76.500

%

84.800

%

93.100

%

James A. Marcotte

 

5.714

%

10.457

%

15.200

%

20.000

%

24.743

%

29.486

%

34.229

%

38.971

%

43.714

%

48.457

%

53.200

%

Robert R. Gilman

 

5.714

%

10.457

%

15.200

%

20.000

%

24.743

%

29.486

%

34.229

%

38.971

%

43.714

%

48.457

%

53.200

%

Stephen J. Irish

 

5.714

%

10.457

%

15.200

%

20.000

%

24.743

%

29.486

%

34.229

%

38.971

%

43.714

%

48.457

%

53.200

%

 

%’s in table represent  bonus to be paid as a % of base salary.

 

*  Net income growth % is the % increase in Net Income as compared to the prior Fiscal Year.