Silicon Image, Inc. Sales Incentive Plan for Vice President of Worldwide Sales (2006)
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Summary
This agreement outlines the 2006 sales incentive plan for the Vice President of Worldwide Sales at Silicon Image, Inc. The plan provides a cash bonus based on the company's achievement of its planned revenue targets for the fiscal year ending December 31, 2006. The incentive payment increases as a percentage of the target revenue is met or exceeded, with specific payout amounts tied to various achievement levels. The agreement sets clear performance thresholds and corresponding bonus amounts for the executive.
EX-10.02 3 f17583exv10w02.htm EXHIBIT 10.02 exv10w02
Exhibit 10.02
Silicon Image, Inc.
Sales Incentive Plan for Vice President of Worldwide Sales
for Fiscal Year 2006
The current Vice President of Worldwide Sales (the “VP of Worldwide Sales”) of Silicon Image, Inc. (the “Company”) will receive a cash incentive payment based on the Company’s percentage of achievement of planned revenue for the fiscal year ended December 31, 2006, as set forth in the table below.
| Percent | Amount of | Percent of | ||||||
| Achievement of | Cash Incentive | Incentive Target | ||||||
| Planned Revenue | Payment | Amount | ||||||
70% | $119,000 | 70.00% | ||||||
75% | $127,500 | 75.00% | ||||||
80% | $136,000 | 80.00% | ||||||
85% | $144,500 | 85.00% | ||||||
90% | $153,000 | 90.00% | ||||||
95% | $161,500 | 95.00% | ||||||
100% | $170,000 | 100.00% | ||||||
105% | $206,250 | 121.32% | ||||||
110% | $264,250 | 155.44% | ||||||
115% | $336,750 | 198.09% | ||||||
120% | $409,250 | 240.75% | ||||||
125% | $481,750 | 283.38% | ||||||
130% | $554,250 | 326.03% | ||||||
135% | $626,750 | 368.68% | ||||||
140% | $699,250 | 411.32% | ||||||
145% | $771,750 | 453.32% | ||||||
150% | $844,250 | 496.62% | ||||||
