2007 Annual Incentive Bonus Performance Measures for Messrs. Day, Gooch, and Johnson
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Summary
This document outlines the 2007 annual incentive bonus criteria for Messrs. Day, Gooch, and Johnson, based on RadioShack’s EBITDA performance. Bonuses are awarded according to the company’s Compensation and Bonus Plans, with payouts ranging from 25% to 150% of the target amount (or up to 200% for Mr. Day), depending on how actual EBITDA compares to the set target. The entire bonus is tied to this financial performance measure.
EX-10.1 2 exhibit101.htm DESCRIPTION OF 2007 ANNUAL INCENTIVE BONUS PERFORMANCE MEASURES Description of 2007 Annual Incentive Bonus Performance Measures
Exhibit 10.1
Description of 2007 Annual Incentive Bonus Performance Measures
The 2007 annual incentive bonuses for Messrs. Day, Gooch and Johnson will be based on the following performance measure established in accordance with the Compensation Plan and the Bonus Plan:
| · | 100% of the performance measure is based on achievement of RadioShack’s EBITDA target. |
Actual amounts payable, if any, can range from 25% to 150% (or, in the case of Mr. Day, 25% to 200%) of the target amounts, depending on the extent to which performance under the foregoing criteria meets, exceeds or is below the target.
