SFBC International, Inc. Annual Bonus Plan for Executives (2005-2006)
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Summary
SFBC International, Inc. has established an annual bonus plan for Drs. Krinsky and Holmes and Messrs. Hantman and Natan for the 12-month period starting April 1, 2005. Under this plan, each executive may receive a bonus of up to 100% of their base salary, determined by achieving specific targets in five areas: revenue, net income, earnings per share, stock price, and operational goals. Each area accounts for up to 20% of the base salary. The plan was adopted by the company's Compensation Committee.
EX-10.11 4 g00183exv10w11.htm ANNUAL BONUS PLAN Annual Bonus Plan
Exhibit 10.11
Annual Bonus Plan
Adopted by the Compensation Committee of the Board of Directors of
SFBC International, Inc.
On
May 17, 2005
Adopted by the Compensation Committee of the Board of Directors of
SFBC International, Inc.
On
May 17, 2005
For the 12-month period beginning April 1, 2005, the maximum annual bonus payable to Drs. Krinsky and Holmes and Messrs. Hantman and Natan shall be 100% of their respective base salaries. The annual bonus shall be comprised of the following five independent components with the maximum amount payable under each component equal to 20% of the executive’s base salary, based upon the attainment of agreed upon targets:
1. Revenue;
2. Net income;
3. Earnings per share;
4. Stock price; and
5. Operational goals.
2. Net income;
3. Earnings per share;
4. Stock price; and
5. Operational goals.
