Silicon Image, Inc. Sales Incentive Plan for Vice President of Worldwide Sales (Fiscal Year 2005)

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This agreement outlines the sales incentive plan for the Vice President of Worldwide Sales at Silicon Image, Inc. for the 2005 fiscal year. The plan provides a cash incentive payment based on the company's achievement of planned revenue targets. The amount of the incentive increases as the percentage of planned revenue achieved rises, with specific payout amounts tied to various performance levels. The agreement is designed to reward the Vice President for meeting or exceeding sales goals within the fiscal year.

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EX-10.2 3 f08653exv10w2.htm EXHIBIT 10.2 exv10w2  

Exhibit 10.02

SILICON IMAGE, INC.

SALES INCENTIVE PLAN FOR VICE PRESIDENT OF WORLDWIDE SALES

FOR FISCAL YEAR 2005

Pursuant to the sales incentive plan, the Registrant’s current Vice President of Worldwide Sales, will receive a cash incentive payment based on the Registrant’s percentage of achievement of planned revenue for the fiscal year, as set forth in the following table.

         
Percent Achievement   Amount of Cash Percent of Incentive
of Planned Revenue   Incentive Payment Target Amount
70%   $76,125   52.5%
75%   $81,563   56.3%
80%   $94,250   65.0%
85%   $106,938   73.8%
90%   $119,625   82.5%
95%   $132,313   91.3%
100%   $145,000   100.0%
105%   $159,500   110.0%
110%   $174,000   120.0%
115%   $188,500   130.0%
120%   $203,000   140.0%
125%   $217,500   150.0%
130%   $232,000   160.0%
135%   $246,000   170.0%
140%   $261,000   180.0%
145%   $275,000   190.0%
150%   $290,000   200.0%