ModusLink Global Solutions, Inc. Fiscal 2009 Executive Officer Bonus Targets
This document outlines the target bonus percentages for executive officers of ModusLink Global Solutions, Inc. for the 2009 fiscal year. The Human Resources and Compensation Committee of the Board of Directors determines these targets, which are expressed as a percentage of each executive's base salary. The agreement lists the specific bonus targets for named executive officers, establishing the potential incentive compensation they may receive based on their performance and company results.
EXHIBIT 10.75
MODUSLINK GLOBAL SOLUTIONS, INC.
FISCAL 2009
EXECUTIVE OFFICER
BONUS TARGETS
EXECUTIVE OFFICERS
The executive officers of the Company serve at the discretion of the Board of Directors. From time to time, the Human Resources and Compensation Committee of the Board of Directors reviews and determines the salaries that are paid to the Companys executive officers. The following table sets forth the target bonus for the Companys executive officers.
Name | Target Bonus (as % of base salary) | ||
Joseph C. Lawler | 125 | % | |
Steven G. Crane | 70 | % | |
Peter L. Gray | 60 | % | |
Mark J. Kelly | 60 | % | |
William R. McLennan | 80 | % | |
David J. Riley | 50 | % | |
Scott D. Smith | 80 | % |