2018 Executive Officer Target Bonus Opportunities
EX-10.2 3 trueq12018ex102exectrgtbon.htm EXHIBIT 10.2 EXEC BONUS OPPORTUNITY TRUE Q1 2018 EX 10.2 Exec Target Bonus
Exhibit 10.2
2018 Executive Officer Target Bonus Opportunities
TrueCar, Inc. (the “Company”) provides its executive officers the opportunity to earn a cash incentive bonus each quarter. Actual quarterly executive officer bonuses are determined at the sole discretion of the Compensation & Workforce Committee (the “Committee”) of the Company’s Board of Directors. Each executive officer’s annual bonus opportunity is expressed as a percentage of base salary. This opportunity is split over the four quarters with payouts, if any, determined in the discretion of the Committee and delivered shortly after the end of each quarter. The annual target bonus opportunity for each of our executive officers for 2018 is as follows:
Name | Title | 2018 Target Bonus Opportunity as a Percentage of Base Salary |
Chip Perry | President & CEO | 100% |
Mike Darrow | EVP, Partner & OEM Development; President, ALG | 50% |
Neeraj Gunsagar | EVP, Chief Marketing Officer | 50% |
John Pierantoni | Interim CFO, CAO | 40% |
Brian Skutta | EVP, Dealer Sales & Services | 75% |
Jeff Swart | EVP & General Counsel | 50% |