2005 Short Term Cash Incentive Plan (Effective May 19, 2005)

Contract Categories: Human Resources - Bonus & Incentive Agreements
EX-10.3 4 a05-9947_1ex10d3.htm EX-10.3

Exhibit 10.3

 

2005 Short Term Cash Incentive Plan
(Effective May 19, 2005)

 

Subject to the achievement of certain revenue, EBITDA and strategic goals for 2005, the following sets forth the target cash bonus awards for each of the Company’s executive officers.

 

Executive Officer

 

Target Payout as a
Percentage of Base Salary

 

Caren L. Mason
President and Chief Executive Officer

 

50

%

Mark E. Paiz
Chief Operating Officer

 

35

%

Paul E. Landers
Senior Vice President,
Finance & Administration,
Chief Financial Officer and Secretary

 

35

%

Thomas J. Foley
Chief Technology Officer

 

35

%