**EXHIBIT 10.2**

 

**Caliper Performance Bonus Plan**

 

This Performance Bonus Plan (the “Bonus Plan”)for eligible employees of Caliper Life Sciences, Inc. (“Caliper” or the “Company”)covers the period from January 1 to December 31 of each calendaryear.  This contains the entire agreement between you and the Company onthis subject, and supersedes all prior performance bonus compensation programsof the Company and all other previous oral or written statements to youregarding any performance bonus.  The Company reserves the right to modifyany of the provisions of this Bonus Plan at any time with or without writtennotice.   This Bonus Plan may be modified only in a writing signed by eitherthe Chief Executive Officer of the Company or the Company’s Vice President ofHuman Resources. 

 

All Caliper employees other than the ChiefExecutive Officer and employees on commission or sales incentive plans areeligible to participate in the Bonus Plan.  No bonus amounts areguaranteed and all bonuses must be earned in accordance with the terms of thisBonus Plan. Whether and how much of a performance bonus has been earned, at anybonus level, and determination of whether an employee is in good standing, isin the sole discretion of the Company.

 

No bonus is considered earned under this BonusPlan until the time that such bonus is paid under the terms of this Bonus Plan.Thus, in the event that a Bonus Plan participant’s employment has beenterminated (either by the Company or by the employee), the participant will notbe entitled to any bonus that has not been paid prior to the termination date.

 

It is the intention that performance bonusesunder this Bonus Plan be paid in March or April of the followingcalendar year after individual performance reviews for the previous year havebeen completed, and after the Board of Directors has determined the degree towhich Caliper has attained its corporate goals for the previous year. Employees who are hired during the year are entitled to receive a proratedperformance bonus based on their actual time of service during the year.

 

An employee’s performance bonus will be based on(i) the employee’s individual performance assessment (as determined inconnection with the employee’s annual performance review by his or her manager)and (ii) the Board of Director’s assessment of the degree to which Caliperhas attained its corporate goals for the year.

 

An individual employee’s performance objectiveswill be set by the employee’s supervisor at the beginning of the bonusperiod.  It is the responsibility of both the employee and his or hersupervisor to ensure such written objectives are set. No performance bonus willbe paid unless the employee attains 70% or more of his or her overallperformance objectives. Where numerous performance objectives are listed but noweighting of relative importance of performance objectives is provided, theCompany

 

----

 

will determine in its sole discretion how muchweighting each performance objective should be provided.  The Company, inits sole discretion, will determine whether an employee attained a percentageof any one performance objective and will consider any such pro rata attainmentwhen assessing the employee’s attainment of overall performance objectives.

 

Caliper’s Board of Directors will determine theobjectives to be met by the Company in each calendar year, as well as thedegree to which the corporate goals for such year have been attained.

 

The performance bonus calculation is as follows:

 

Base Earnings  X  Target BonusPercentage = Bonus Opportunity

 

Bonus Opportunity  X  IndividualRating  X  Corporate Rating  =Bonus Earned 

 

Nothing in this Bonus Plan is intended to alterthe at-will nature of your employment, that is, your right or the Company’sright to terminate your employment at will, at any time, with or without cause.

 

Revised March 2009

 

----