EXHIBIT 10.7

Computer Network Technology Corporation

CNT's 2002 Annual Bonus Plan

      The Annual Bonus Plan, is an incentive program which provides executives
and other employees with the opportunity to earn a cash bonus if we achieve
certain levels of key performance measurements, with the level of bonus payment
specifically tied to achievement of these measures. For 2001, the key
performance measurements were revenue growth and pre-tax profitability. For
2002, the key performance measurement is pre-tax profitability.

      The annual bonus for employees is determined by multiplying their eligible
base compensation by our Annual Bonus Plan factor and their individual annual
bonus participation rate. Our Annual Bonus Plan factor is based on a chart which
outlines payout percentages for achievement of defined levels of the key
performance measurements. The annual bonus participation rate for each employee
is based on the employee's expected level of contribution to our overall
financial performance.