Exhibit 10.1
Confidential Materials omitted and filed separately with the
Securities and Exchange Commission. Asterisks denote omissions.
Fiscal Year 2005 Performance Objectives:
Target Financial Performance and Payouts as Percentage of Target
Exhibit A to Executive Variable Compensation Plan
For FY2005, target financial performance consists of:
Cash Flow from Operations | $ | 136 million | |
Net Revenues | $ | 205 million |
Payouts expressed as percentage of target bonus for each participant versus actual levels of financial performance versus Plan targets are as follows:
Operating Cash Flow | Net Revenues | |||||||||||||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | ||||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | 225% | |||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
90% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
[**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | [**]% | |||||||||||
For FY 2005 bonus payouts under the Plan will be in accordance with the Plan and the above award calculation matrix; provided however, that any payout above 100% of target bonus on either Operating Cash Flows or Net Revenues is subject to review and approval by the Board of Directors.
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