Unica Corporation Summary of Compensatory Arrangements with Executive Officers for Fiscal Year 2005

Contract Categories: Human Resources › Compensation Agreements
Summary

Unica Corporation has set the base salaries and target bonuses for its executive officers for the fiscal year ending September 30, 2005. The agreement lists the compensation details for the CEO, CFO, and several vice presidents, specifying each executive's annual base salary and the target bonus they may receive. These arrangements were approved by the company's Compensation Committee and outline the key financial terms for the company's top management for the year.

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EX-10.16 5 b52213a4exv10w16.txt EX-10.16 SUMMARY OF COMPENSATORY ARRANGEMENTS WITH EXECUTIVE OFFICERS Exhibit 10.16 UNICA CORPORATION SUMMARY OF COMPENSATORY ARRANGEMENTS WITH EXECUTIVE OFFICERS FISCAL YEAR ENDING SEPTEMBER 30, 2005 The Compensation Committee of the Board of Directors of Unica Corporation has approved the following fiscal year 2005 base salaries and target bonuses for the executive officers named below.
Name and Principal Position Base Salary Target Bonus --------------------------- ----------- ------------ Yuchun Lee .............................................. $265,000 $225,000 Chief Executive Officer and President Richard M. Darer......................................... $194,000 $100,000 Vice President and Chief Financial Officer Richard Hale............................................. $170,000 $ 48,500 Vice President of Consulting Carol Meyers............................................. $185,000 $ 62,000 Vice President of Marketing Chanchal Samanta......................................... $190,000 $ 40,000 Vice President of Development Eric Schnadig............................................ $180,000 $180,000 Vice President of Worldwide Sales