Exhibit 10.15

(ORACLE LOGO) [f04072f0407200.gif]

FORM OF
FISCAL YEAR                     ORACLE EXECUTIVE BONUS PLAN FOR                
   

Name:   Employee ID:                     Title:   Effective
Date:                    

 

Individual Bonus based on “Change in Operating Profit”

 

                                      Change in       Total       FY_      
Operating   Individual   Individual (in ‘000)

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(projected)

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FY__

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Profit

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  Payout

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Bonus ($)

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Example:
                     
Revenue
Expense
                           

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Operating Profit
                     

                   

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Operating Profit is calculated as Total Company Revenue minus Total Company
Expense

Revenue and expense numbers are in USD

Plan is potentially subject to restatement in the event of a significant
acquisition.

If both years’ profit is negative, but year-over-year is producing a positive
variance, no bonus is paid.

If year over year operating profit is producing negative results, no bonus is
paid

The individual bonus may not fall below zero.

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Administration of the Fiscal Year                     Oracle Executive Bonus
Plan (Bonus Plan)

Amendment and Termination. The Compensation Committee may terminate the Bonus
Plan, in whole or in part, suspend the Bonus Plan, in whole or in part from time
to time, and amend the Bonus Plan, from time to time, including the adoption of
amendments deemed necessary or desirable to correct any defect or supply omitted
data or reconcile any inconsistency in the Bonus Plan or in any award granted
thereunder, so long as stockholder approval has been obtained, if required in
order for awards under the Bonus Plan to qualify as “performance-based
compensation” under Section 162(m). The Compensation Committee may amend or
modify the Bonus Plan in any respect, or terminate the Bonus Plan, without the
consent of any affected participant. However, in no event may such amendment or
modification result in an increase in the amount of compensation payable
pursuant to any award.

Awards under the Bonus Plan do not vest, and are not earned, until the
Compensation Committee makes any and all authorized determinations, adjustments,
modifications, and changes of amounts payable under the Bonus Plan.

All awards will be paid in cash as soon as is practicable following
determination of the award, unless the Committee has, prior to the grant of an
award, received and approved, in its sole discretion, a request by a participant
to defer receipt of an award in accordance with the Bonus Plan.

The amounts that will be paid pursuant to the Bonus Plan are not currently
determinable. The maximum bonus payment that any participant may receive under
the Bonus Plan would be $                   , less any other cash compensation
(including base salary) she or he receives with respect to fiscal year          
          (i.e., total cash compensation cannot exceed $                   ).

Should a participant’s employment with Oracle terminate for any reason during
fiscal year                    , the participant will not be eligible to receive
an award under the Bonus Plan.

Executives on a paid or unpaid leave of absence will not be eligible to earn
compensation under the Bonus Plan. Payments under the Bonus Plan may be adjusted
to reflect time on leave.

Under present federal income tax law, participant will realize ordinary income
equal to the amount of the award received in the year of receipt. That income
will be subject to applicable income and employment tax withholding by the
Company.

Oracle Policies. The executive agrees to abide by published Oracle policies
including this Bonus Plan, the Code of Ethics and Business Conduct, the
Proprietary Information Agreement, and other employment and/or financial
guidelines.

At-Will Employment. Employment at Oracle is at-will. Oracle makes no express or
implied commitment that employment will have a minimum or fixed term; that
Oracle may take adverse employment action only for cause or that employment is
terminable only for cause. Either the executive or Oracle may terminate the
employment relationship at any time for any reason. Additionally, Oracle may
take any other employment action at any time for any reason. No one at Oracle
may make, unless specifically authorized in writing by Oracle’s Board of
Directors, any promise, express or implied, that employment is for any fixed
term or that cause is required for the termination of or change in the
employment relationship.

Severability. If any portion of this Bonus Plan shall, for any reason, be held
invalid or unenforceable, or contrary to public policy or any law, the remainder
of the Bonus Plan shall not be affected by such invalidity or unenforceability,
but shall remain in full force and effect, as if the invalid or unenforceable
term or portion thereof had not existed within this Bonus Plan.

Knowing and Voluntary Agreement. By signing the Fiscal Year                    
Oracle Executive Bonus Plan, the executive is agreeing that he or she has read
and understood every provision set forth herein, and that, in consideration for
participation in the Bonus Plan, agrees to abide by its terms.

I acknowledge receipt and accept this document.

 

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                     Date

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