Metrics & Weighting 80% Revenue / 20% Adjusted EBITDA Awards are interpolated between achievement percents (e.g., 100.2% achievement results in award of 102%). Each metric is capped at 200% of award quarterly; overall quarterly award payments are capped at 100% with any overachievement earned to be reconciled at year end. If the full year metric target is achieved, then any quarters that were paid at less than 100% will be paid out at target for that missed quarter and included in the Q4 award. FY20 financial targets to be set by mid-April 2019, based on approved budget but adjusted for actual results and currency exchange. FY20 ExCo Incentive Plan Design Maintain FY19 payout scale with updated FY20 financial objectives Exhibit 10.1
Mimecast (MIME) 8-KDeparture of Directors or Certain Officers
Filed: 19 Mar 19, 5:17pm