EX-10.6



 Exhibit 10.6 
  





 
 Alteryx 2017 Discretionary Bonus Plan 

1. Purpose 
 To
provide a performance-based incentive bonus plan that will: 
  

	 	•	 	align the interests of our company, our associates and our investors; 

  

	 	•	 	enable Alteryx to achieve and exceed specified financial goals; 

  

	 	•	 	attract and retain associates to enhance our leadership position within the industry; and 

  

	 	•	 	recognize and reward employees for their individual contributions to our success. 

 2. Performance
Period 
 There are two performance periods: January 1 through June 30, 2017 (the “First Period”)
and January 1 through December 31, 2017 (the “Second Period”). 
 3. Eligibility 

Eligible participants are Alteryx employees and employees of its wholly owned subsidiaries who: 

 

	 	•	 	were employed prior to April 1, 2017 for the First Period payment, if any, and prior to October 1, 2017 for Second Period payment, if any; 


 

	 	•	 	are in positions deemed as bonus eligible 

  

	 	•	 	are actively employed, in good standing, on the date that bonus payments are made and are not on a performance improvement plan; and 


 

	 	•	 	are not eligible for another incentive, commission, or variable compensation plan (e.g., sales/services commission plans). 


4. Payments 
 The
payment schedule for the bonus plan will be as follows: 
  

	 	•	 	First Period (January 1 – June 30) – Payable with the normal payroll payment on or before August 15, 2017 (50% of annual target award amount); and 


  
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	 	•	 	Second Period (January 1 – December 31) – Payable with the normal payroll payment on or before March 15, 2018 (50% of annual target award amount with applicable accelerator as described in
Section 7) 

 5. Eligible Compensation 

Eligible compensation for purposes of calculating an employee’s bonus payment will be the employee’s annual base
salary in effect on June 30, 2017 for the First Period bonus and on December 31, 2017 for the Second Period bonus. 

Eligible employees starting after January 1, 2017 and before October 1, 2017 will be eligible for a prorated bonus
based on their employment start date. 
 For employees on Leave of Absence during the performance period, eligible bonus will
be prorated for the number of days on active status. 
 6. Company Performance Metrics 

Company performance will be determined by achievement of specific Revenue targets. 

Revenue is the revenue Alteryx recognizes in accordance with accounting principles generally accepted in the United States,
including or excluding certain adjustments as determined by the Chief Financial Officer. 
 An employee’s bonus award
calculated on the above performance metric may be increased or decreased at the discretion of management to reflect individual performance or extraordinary events. 

7. Bonus Pool Funding  

The Company must achieve a minimum performance threshold of Revenue for the bonus pool to be funded and paid. 

At 100% achievement of Revenue performance targets, the bonus pool will be funded at 100% of target. If Revenue is above or
below the target, the bonus pool funding amount will be interpolated as exemplified on the chart shown below. 
  

							
	 First Period
	 	 Second Period

	 Measurement: Jan – June
Revenue
	 	
Measurement: Full Year Revenue

	 Target

   Achievement   
	 	 Pool Funding
	 	 Target

Achievement
	 	 Pool Funding

	 < 80%
	 	$0	 	< 80%	 	$0
	 100%
	 	100%	 	100%	 	100%
	 > 100%
	 	100%	 	115%	 	150%


  
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 The chart is for illustrative purposes only to summarize bonus pool funding and may change
based on company goals. 
 8. Participant’s Target Bonus 

A participant’s target bonus award is determined by his or her job level and is expressed as either as a percentage of
base salary or a flat dollar amount. The final award is determined by the amount available for disbursement (see Section 7), Company performance, and any adjustments for individual performance pursuant to Section 9. 

9. Individual Performance 

Based on performance and the achievement of individual goals (MBOs), modification to a participant’s target award can
range from 0% to 150%. However, the total of all bonus awards for any Department cannot exceed 100% of the available pool. 
  

													
	  

Revenue
 vs.

Target
  
	  	 	X	 	  	  

Individual
 Performance

%
  
	  	 	=	 	  	  

Individual
 Bonus

Award
  


  

	10.	Administration 

 The bonus program will be administered by
Alteryx’s Compensation Committee, with day-to-day management to be conducted by Human Resources and the Chief Financial Officer. 

The Committee has authority, among other things, to: 
  

	 	•	 	determine eligibility for participation in the bonus program; 

  

	 	•	 	determine performance measures, performance targets, award opportunities and earned awards; and 

  

	 	•	 	interpret the bonus program and exercise its power to prescribe, amend, suspend or rescind the terms of the bonus program. 


  
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 11. General Provisions 

Alteryx may deduct any taxes required by law to be withheld upon payment of any bonus under this program. 

Bonus awards granted under the program will not be transferrable other than by will or laws of descent and distribution. 

Nothing in the program or in any bonus award granted will confer on an individual any right to an award, or to continue in the
employ of the company or any of its subsidiaries or deter in any way the right of the company or any subsidiary to terminate any employment. 

  
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