Executive Officer Summary Compensation Sheet
Exhibit 10.18
Executive Officer Summary Compensation Sheet
Annual Cash Compensation for Senior Executive Officers
The annual cash compensation for Executive Officers of Rackable Systems, Inc. as of January 3, 2009, was as follows:
Executive Officers | Annual Base Salary | Annual Target Bonus | ||||
Mark J. Barrenechea | $ | 350,000 | $ | 350,000 | ||
Anthony Carrozza | $ | 275,000 | $ | 125,000 | ||
Giovanni Coglitore | $ | 250,000 | $ | 100,000 | ||
Maurice Leibenstern | $ | 270,000 | $ | 105,000 | ||
Jonathan J. Skoglund | $ | 220,000 | $ | 66,000 | ||
James D. Wheat | $ | 270,000 | $ | 105,000 | ||
David M. Yoffie | $ | 270,000 | $ | 105,000 |
Cash Bonus Arrangements for Executive Officers:
1. | 25% of the Annual Target Bonus maybe earned each quarter. The bonus awards are determined based upon Rackable Systems achievement of certain performance goals to be established by the Compensation Committee of the Board. |