Exhibit 10.2
2010 Incentive Compensation Program
Amir Bassan-Eskenazi, President and Chief Executive Officer
| | | | |
|
Base Salary (annual): | | $ | 412,000 | |
Bonus Potential at 100% funding | | | | |
First Half (based on annual base salary of $325,000): | | | 162,500 | |
Second Half: | | | 206,000 | |
| | | |
Total: | | $ | 368,500 | |
| | | | |
| | Second Half | |
| | % Goal | |
2010 Officer Bonus Goal | | Weighting | |
1) Achieve specified customer goal | | | 10 | % |
2) Achieve IP product goal | | | 20 | % |
3) Achieve strategy goal | | | 20 | % |
4) Achieve MSP product goal | | | 15 | % |
5) Achieve business plan goal | | | 10 | % |
6) Achieve channel sales goal | | | 10 | % |
7) Achieve teamwork goal | | | 10 | % |
8) Achieve employee satisfaction and retention goal | | | 5 | % |
| | | |
Total | | | 100 | % |
2010 Incentive Compensation Program
Ravi Narula, Senior Vice President and Chief Financial Officer
| | | | |
|
Base Salary (annual): | | $ | 253,100 | |
Bonus Potential at 100% funding | | | | |
First Half: | | NA |
Second Half: | | | 75,930 | |
| | | |
Total: | | $ | 75,930 | |
| | | | |
| | Second Half | |
| | % Goal | |
2010 Officer Bonus Goal | | Weighting | |
1) Achieve operating results goals | | | 40 | % |
2) Achieve corporate development goal | | | 10 | % |
3) Achieve audit and financial controls goals | | | 30 | % |
4) Achieve processes improvements goal | | | 5 | % |
5) Achieve employee development goal | | | 10 | % |
6) Achieve employee satisfaction and retention goal | | | 5 | % |
| | | |
Total | | | 100 | % |
2010 Incentive Compensation Program
Rob Horton, Senior Vice President and General Counsel
| | | | |
|
Base Salary (annual): | | $ | 250,000 | |
Bonus Potential: | | | | |
First Half: | | | 75,000 | |
Second Half: | | | 75,000 | |
| | | |
Total: | | $ | 150,000 | |
| | | | |
| | Second Half | |
| | % Goal | |
2010 Officer Bonus Goal | | Weighting | |
1) Achieve regulatory goal | | | 20 | % |
2) Achieve corporate governance and securities compliance goals | | | 35 | % |
3) Achieve internal customer satisfaction goal | | | 25 | % |
4) Achieve specified litigation management goal | | | 5 | % |
5) Achieve site leadership goal | | | 5 | % |
6) Achieve teamwork goal | | | 10 | % |
| | | |
Total | | | 100 | % |
2010 Incentive Compensation Program
Ran Oz, Executive Vice President and Chief Technology Officer
| | | | |
|
Base Salary (annual): | | $ | 225,000 | |
Bonus Potential at 100% funding | | | | |
First Half: | | | 67,500 | |
Second Half: | | | 67,500 | |
| | | |
Total: | | $ | 135,000 | |
| | | | |
| | Second Half | |
| | % Goal | |
2010 Officer Bonus Goal | | Weighting | |
1) Achieve specified technology demonstration goals | | | 40 | % |
2) Achieve innovation process goal | | | 15 | % |
3) Achieve specified IP product goal | | | 15 | % |
4) Achieve specified strategic channel partner goal | | | 10 | % |
5) Achieve new applications goal | | | 10 | % |
6) Achieve teamwork goal | | | 10 | % |
| | | |
Total | | | 100 | % |