2009 Base Salaries and Target Discretionary Bonuses for Executive Officers
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Summary
This document outlines the 2009 base salaries and target discretionary bonuses for three executive officers: Shane Evangelist (CEO), Aaron Coleman (EVP of Operations and CIO), and Houman Akhavan (VP of Marketing). It specifies each officer's maximum base salary, target cash bonus, and, where applicable, target equity bonus in shares. The agreement sets compensation expectations for the year but does not detail additional terms or conditions.
EX-10.1 2 exhibit_10-1.htm 2009 BASE SALARIES & BONUS exhibit_10-1.htm
EXHIBIT 10.1
2009 Base Salaries and Target Discretionary Bonuses
| Officer | Position | Maximum Base Salary | Target Cash Discretionary Bonus | Target Equity Discretionary Bonus |
| Shane Evangelist | Chief Executive Officer | $368,000 | $147,000 | 92,000 shares |
| Aaron Coleman | Executive Vice President of Operations and Chief Information Officer | $263,000 | $131,000 | — |
| Houman Akhavan | Vice President of Marketing | $250,000 | $91,000 | — |
