CMGI, Inc. Executive Officers Compensation Summary Sheet (2006–2007)
This document outlines the compensation arrangements for executive officers of CMGI, Inc. for the 2006–2007 fiscal year. It lists the annual base salaries, target bonuses as a percentage of base salary under the Executive Management Incentive Plan, and target grants under the Performance Based Restricted Stock Bonus Plan for each named executive. The compensation terms are determined by the Board of Directors' Compensation Committee and are effective as of specified dates for each officer.
Exhibit 10.94
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 Compensation Committee of the Board of Directors reviews and determines the salaries that are paid to the Company’s executive officers. The following table sets forth the annual salary rates (effective November 1, 2006, other than in the case of Mr. Lawler, which is effective as of September 1, 2006), target bonus under the Company’s FY 2007 Executive Management Incentive Plan and target grant under the Company’s FY 2007 Performance Based Restricted Stock Bonus Plan for the Company’s executive officers.
| Executive Officer | Base Salary | Target Bonus Under (as % of base | Target Grant Under FY 2007 Performance Based Restricted Stock Bonus Plan | |||||
| Joseph C. Lawler | $ | 605,000 | 125 | % | N/A | |||
| David J. Riley | $ | 215,000 | 50 | % | 90,000 | |||
| Peter L. Gray | $ | 242,000 | 50 | % | 50,000 | |||
| Mark J. Kelly | $ | 265,000 | 60 | % | 90,000 | |||
| William R. McLennan | $ | 375,000 | 60 | % | 100,000 | |||
