ModusLink Global Solutions, Inc. Fiscal 2011 Executive Officer Bonus Targets

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the bonus targets for ModusLink Global Solutions, Inc.'s executive officers for fiscal year 2011, as approved by the company's Human Resources and Compensation Committee. The agreement specifies the percentage of base salary each named executive officer is eligible to receive as a bonus, with targets ranging from 50% to 125%. The executive officers serve at the discretion of the Board of Directors, and the bonus targets apply for the 2011 fiscal year only.

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EX-10.106 3 dex10106.htm FISCAL 2011 EXECUTIVE OFFICER BONUS TARGETS Fiscal 2011 Executive Officer Bonus Targets

EXHIBIT 10.106

MODUSLINK GLOBAL SOLUTIONS, INC.

FISCAL 2011

EXECUTIVE OFFICER

BONUS TARGETS

EXECUTIVE OFFICERS

The executive officers of the Company serve at the discretion of the Board of Directors. On September 22, 2010, the Human Resources and Compensation Committee of the Board of Directors of the Company approved the bonus targets, as a percentage of base salary, for fiscal year 2011 for the executive officers named in the table below:

 

Name

    Target Bonus
(as % of
base salary)		  

Joseph C. Lawler

    125 %

Steven G. Crane

    70 %

Peter L. Gray

    60 %

William R. McLennan

    80 %

David J. Riley

    50 %