Irv Alpert Executive Vice President 2012 Sales Incentive Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This agreement outlines the 2012 Sales Incentive Plan for Irv Alpert, Executive Vice President at Onvia. The plan sets objectives for retaining and expanding content licensing partnerships and acquiring new partners. Compensation includes four bonus opportunities: a $25,000 bonus for retaining current partnerships, percentage-based bonuses for sales growth, and a $38,000 bonus for achieving annual goals, with a total bonus opportunity of $115,000.

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EX-10.2 3 exh_102.htm EXHIBIT 10.2 exh_102.htm
Exhibit 10.2
 
Irv Alpert
Executive Vice President
2012 Sales Incentive Plan


Objectives:

1.  
Retain and grow all current content licensing partnerships
 
2.  
Develop a plan to expand content license partnerships and channel sales for Onvia services
 
3.  
Acquire new content licensing partners in 2012 as quickly as possible
 


Compensation

Four bonus opportunities:

1.  
 $25,000 bonus for retention of current content licensing partnerships
 
2.  
5% of every sales dollar from Tier 1 bookings to Tier 2 bookings
 
3.  
10% of every sales dollar from Tier 2 bookings to Plan
 
4.  
$38k for annual goal achievement
 

Total Bonus Opportunity:  $115k