Exhibit 10.3

 

2013 EVP Global Sales Compensation

 

Plan Elements

 

Recommendation

Base Salary

 

$300,000

Incentive Target $

 

$300,000

Total Target Annual Comp

 

The EXECSIP is based on performance against two financial metrics in 2013. The
metrics are annual Revenue and Global EBITDA (the EBITDA target is the same as
is set for other Executives in the SGA MIP)

2013 Targets

 

Revenue $[***] (50% weighting) EBITDA $[***] (50% weighting)

Incentive Payments

 

Incentive payments will be made on an annual basis; performance is tied to year
end results

 

2013 Potential Payment Outcomes — EVP Global Sales

 

 

 

Actual Revenue

 

Achieved EBITDA

 

Target -
$229.0MM

 

Target —
$183.2MM

 

Target -
$137.4MM

 

Target -
$45.8MM

 

Target

 

Target +
$25.0MM

 

Target +
$50.0MM

 

Target +
$75.0MM

 

Target - $28.7MM

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

Target - $23.0MM

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

Target - $17.2MM

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

Target - $11.6MM

 

$

0

 

$

0

 

$

0

 

$

150,000

 

$

276,000

 

$

368,000

 

$

460,000

 

$

552,000

 

Target

 

$

0

 

$

0

 

$

0

 

$

174,000

 

$

300,000

 

$

392,000

 

$

484,000

 

$

576,000

 

Target + $5.3MM

 

$

0

 

$

0

 

$

0

 

$

185,137

 

$

311,137

 

$

403,137

 

$

495,137

 

$

587,137

 

Target + $11.5MM

 

$

0

 

$

0

 

$

0

 

$

198,022

 

$

324,022

 

$

416,022

 

$

508,022

 

$

600,000

 

 

Over target revenue of $[***] for each $1M of additional revenue: bonus will
increase by [***]% of revenue increase to a maximum of a $600,000 total bonus.

 

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