Performance Goals
EX-10.15 4 ltip2017redacted-ex1015.htm EXHIBIT 10.15 Exhibit 
Exhibit 10.15
Exhibit E
Performance Goals
2017-2019 Performance Period
Spok 2017 Long Term Incentive Plan (LTIP) Payout Scale
Based on LRP_16 V3.0
Wireless Revenue (20%) | Operations Bookings (50%) | |||||||
($ in millions) | ($ in millions) | |||||||
Result | Performance | Payout | Result | Performance | Payout | |||
$****** | ***% | ***% | $****** | ***% | ***% | |||
Over | $****** | ***% | ***% | Over | $****** | ***% | ***% | |
Perform | $****** | ***% | ***% | Perform | $****** | ***% | ***% | |
$****** | ***% | ***% | $****** | ***% | ***% | |||
Target | $****** | ***% | ***% | Target | $****** | ***% | ***% | |
$****** | ***% | ***% | $****** | ***% | ***% | |||
Under | $****** | ***% | ***% | Under | $****** | ***% | ***% | |
Perform | $****** | ***% | ***% | Perform | $****** | ***% | ***% | |
$****** | ***% | ***% | $****** | ***% | ***% | |||
<$****** | <***% | ***% | <$****** | <***% | ***% | |||
Operating and Capital Expenses (30%)(1) | ||||||||
($ in millions) | ||||||||
Result | Performance | Payout | ||||||
$****** | ***% | ***% | ||||||
Over | $****** | ***% | ***% | |||||
Perform | $****** | ***% | ***% | |||||
$****** | ***% | ***% | ||||||
Target | $****** | ***% | ***% | |||||
$****** | ***% | ***% | ||||||
Under | $****** | ***% | ***% | |||||
Perform | $****** | ***% | ***% | |||||
$****** | ***% | ***% | ||||||
>$****** | >***% | ***% | ||||||
(1) ****
**** Means that certain confidential information has been deleted from this document and filed separately with the Securities and Exchange Commission.
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Exhibit F
List of Spok Holdings, Inc., Participants (as of January 1, 2017)
2017-2019 Performance Period
Name, | Title |
Corporate Employee | |
Executives | |
Kelly, Vince | CEO* |
Goel, Hemant | President |
Endsley, Shawn | CFO |
Saine, Tom | CIO |
************ | ************ |
Culp, Bonnie | EVP, H.R. & CCO |
************ | ************ |
Vice Presidents | |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
************ | ************ |
*The Chief Executive Officer participates in the Plan pursuant to his employment agreement.
**** Means that certain confidential information has been deleted from this document and filed separately with the Securities and Exchange Commission.
1
