CMGI, Inc. Executive Officers Compensation Summary Sheet (2008)
This document outlines the compensation structure for executive officers of CMGI, Inc. as determined by the Board of Directors and its Human Resources and Compensation Committee. It lists the annual base salaries, target bonuses (as a percentage of base salary), and target grants under the company's 2008 Performance Based Restricted Stock Bonus Plan for each executive officer, effective November 1, 2007. The agreement specifies that executive officers serve at the board's discretion and that compensation is subject to periodic review.
Exhibit 10.72
CMGI, INC.
SUMMARY SHEET
OF
EXECUTIVE OFFICERS COMPENSATION
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 annual salary rates (effective November 1, 2007), target bonus and target grant under the Companys FY 2008 Performance Based Restricted Stock Bonus Plan for the Companys executive officers.
Name | Base Salary | Target Bonus (as % of base salary) | Target Grant Under FY 2008 Performance Based Restricted Stock Bonus Plan | |||||
Joseph C. Lawler | $ | 645,000 | 125 | % | N/A | |||
Steven G. Crane | $ | 400,000 | 60 | % | 90,000 | |||
Peter L. Gray | $ | 300,000 | 50 | % | 90,000 | |||
Mark J. Kelly | $ | 315,000 | 60 | % | 90,000 | |||
William R. McLennan | $ | 400,000 | 60 | % | 150,000 | |||
David J. Riley | $ | 238,000 | 50 | % | 90,000 | |||
Scott D. Smith | $ | 400,000 | 60 | % | 90,000 |