2009Sales Incentive Plan MikeTannourji SeniorVice President Sales
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EX-10.12 4 tannourji09comp.htm 2009 EXEC COMP PLAN - MIKE TANNOURJI tannourji09comp.htm
Exhibit 10.12
2009 Sales Incentive Plan
Mike Tannourji
Senior Vice President Sales
Objective: Bookings growth
Board Plan Over-Achievement
QUARTERLY INCENTIVE BONUS | · Achieve 100% Quarterly Board Plan Bookings - OR - 100% of Board Plan YTD at end of Quarter | $20,000/quarter |
QUARTERLY RETENTION BONUS | · Achieve Quarterly Retention of High Value Clients -- 75% | $5,000/quarter ($20,000/year) |
ANNUAL OVER ACHIEVEMENT | · Achieve Annual Board Plan but Less than Sales Plan 2% commission · Achieve or Exceed Sales Plan 5% commission | Commission applies to all bookings in excess of Annual Board Plan |
ANNUAL MANAGEMENT INCENTIVE PLAN ACHIEVEMENT | Achieve Key Measures for 2009 per MIP | $25,000 |
TOTAL OPPORTUNITY | Achieve all quarterly and annual targets | $125,000/year |
** Sales and Board Plan Bookings based on subscription sales