2011 Short-Term Incentive Plan Agreement for Carlyle Taylor, President of Radiant Computer Products

Summary

This agreement outlines the 2011 Short-Term Incentive Plan for Carlyle Taylor, President of Radiant Computer Products. The plan is effective from January 1, 2011, to December 31, 2011, and provides an incentive potential of 85% of base salary. The bonus is based on achieving company financial goals: 67% is tied to adjusted operating income, and 33% to hardware, field services, and installations gross profit, with the latter only payable if the income target is met. The plan is managed by John Heyman.

EX-10.5 6 dex105.htm 2011 SHORT-TERM INCENTIVE PLAN OF CARLYLE TAYLOR 2011 Short-Term Incentive Plan of Carlyle Taylor

Exhibit 10.5

Short-Term Incentive Plan of Carlyle Taylor

2011 STI Goals

 

Name: Carlyle Taylor    Job Title: President – Radiant Computer Products
Effective Dates of Plan: 1/1/11 – 12/31/11    Business Unit: Radiant Computer Products
STI Potential: 85% of Base Salary    Manager: John Heyman

Goals:

 

Goal Description

  Weight     Payout
Timing
    

Budget

(show qtrly if
applicable)

  

Target

(show qtrly if
applicable)

   Comments

Company Adjusted Operating Income –

67% paid at Budget

    67     Annual       Q1 = N/A    Q1 = N/A   
       Q2 = N/A    Q2 = N/A   
       Q3 = N/A    Q3 = N/A   
       Q4 = N/A    Q4 = N/A   
       Annual = [xxxxxx]*    Annual = [xxxxxx]*   
Hardware + Field Services + Installations GP – 33% paid at Budget. This portion of bonus is only paid out if the Adjusted Operating Income budget is achieved.     33     Annual       Q1 = N/A    Q1 = N/A   
       Q2 = N/A    Q2 = N/A   
       Q3 = N/A    Q3 = N/A   
       Q4 = N/A    Q4 = N/A   
       Annual = [xxxxxx]*    Annual = N/A   

 

 

* Filed under an application for confidential treatment.