2011 Base Salaries and Target Discretionary Bonuses for Executive Officers

Summary

This document outlines the 2011 base salaries and target discretionary bonuses for key executive officers of the company, including the CEO, CFO, COO, Vice President of Marketing, and Senior Vice President of Global Procurement. It specifies the maximum base salary and target bonus amounts for each officer for the year. The agreement sets compensation expectations for these executives but does not detail additional terms or conditions.

EX-10.1 2 dex101.htm 2011 BASE SALARIES AND TARGET BONUSES 2011 Base Salaries and Target Bonuses

Exhibit 10.1

2011 Base Salaries and Target Discretionary Bonuses

 

Officer

  

Position

   Maximum Base Salary      Target Discretionary Bonus  

Shane Evangelist

   Chief Executive Officer    $ 425,000       $ 340,000   

Ted Sanders

   Chief Financial Officer    $ 307,500       $ 153,750   

Aaron Coleman

   Chief Operating Officer    $ 298,000       $ 149,000   

Houman Akhavan

   Vice President, Marketing    $ 269,000       $ 95,000   

Charlie Fischer

   Senior Vice President of Global Procurement    $ 227,500       $ 90,000