exv10w30



 







    Exhibit 10.30



 




    Summary
    of FY2007 Cash Bonuses for Named Executive
    Officers



 



    Overview.  Our named executive officers
    participate in our 2007 Bonus Plan (the “Plan”). Bonus
    awards made under the Plan are tied to metrics established by
    the Bonus Plan Committee, at the direction of the Compensation
    Committee of the Company’s Board of Directors. The Plan is
    designed to ensure that the amount of the bonuses potentially
    payable under the Plan are properly aligned with our business
    objectives and strategic initiatives. The Bonus Plan Committee
    is comprised of the Company’s Chief Executive Officer,
    Chief Operating Officer, Chief Financial Officer, and Vice
    President for Human Resources.



 



    Bonus Period.  Bonuses to be paid under
    the Plan are determined based on our 2007 fiscal year commencing
    January 1, 2007 and ending December 31, 2007.



 



    Eligibility.  Each of our named
    executive officers is eligible to participate in the Plan during
    fiscal 2007. In general, in order to be eligible to receive a
    bonus under the Plan, a participant must be employed for at
    least three months during fiscal 2007, satisfy the Plan’s
    eligibility requirements on the last day of the fiscal quarter,
    and remain employed in good standing on the date of payment. If
    a participant’s employment terminates prior to the date on
    which fiscal 2007 bonuses are paid, he or she will forfeit any
    entitlement to a bonus for the fiscal year. Participation in the
    Plan does not preclude a named executive officer from receiving
    other bonuses or incentive compensation.



 



    Performance Goals.  For fiscal 2007, the
    Bonus Plan Committee adopted targeted corporate, functional
    unit, and individual performance goals. Corporate performance
    goals include three components: a corporate cash balance goal,
    an adjusted EBITDA goal, and a corporate revenue goal. For our
    named executive officers, bonus awards under the Plan are
    principally based on the attainment of a specified level of
    performance relative to the foregoing corporate performance
    goals. Funding of bonuses under the Plan is contingent on our
    achieving adjusted EBITDA of $70 million or more, our
    realization of corporate revenue of $1.40 billion or more,
    and our attainment of a minimum corporate cash balance goal of
    $78 million for the 2007 fiscal year.



 



    Fiscal 2007 Target Bonuses.  The target
    bonus awards available to our named executive officers are
    determined as a percentage of their eligible base salaries for
    fiscal 2007, as specified by the Bonus Plan Committee; the
    actual bonus paid may be greater or less than the target bonus
    amount, as determined by the Compensation Committee. The Bonus
    Plan Committee and the Compensation Committee retain discretion
    to increase the size of the bonus pool available to our named
    executive officers to account for financial performance
    materially exceeding the applicable target performance levels.



 



    Approval of Fiscal 2007 Bonus
    Payments.  In addition to the Plan’s
    eligibility requirements, all bonus payments for fiscal 2007 are
    subject to approval by the Bonus Plan Committee and the
    Compensation Committee.



 



    Retention of Discretion.  The Plan is
    maintained at our sole discretion and can be amended or
    terminated at any time and without prior notice. The Bonus Plan
    Committee and the Compensation Committee retain sole discretion
    to designate the employees eligible to participate in the Plan,
    and without prior notice, to modify, change, alter or terminate
    the Plan or to determine whether or not a Plan bonus will be
    paid.