Document:

Exhibit 10.19

Exhibit 10.19

Summary of Compensation for the Non-Employee Members of the Board of Directors
of Akamai Technologies, Inc.

New Director Compensation
		
	•
	For new non-executive directors, Akamai will grant restricted stock units (RSUs) having an initial grant date value of $400,000. The number of RSUs issued is calculated by dividing $400,000 by the closing sale price of one share of Akamai common stock on the date the grant is approved by the Compensation Committee. The RSUs will vest over three years: one-third on each anniversary of the grant date thereafter for so long as the individual serves on the Board.

Annual Director Compensation
		
	•
	Akamai offers different levels of compensation for different positions on the Board: outside (non-employee) directors, audit chair, compensation chair, other committee chair, lead director, chairman of the board, vice chairman of the board and employee directors.

		
	•
	Continuing Directors - Directors who remain on the Board of Directors upon the adjournment of the annual meeting of stockholders (Continuing Directors) are eligible to receive the following compensation:

	
				
	 
	Compensation for Continuing Directors
	Cash1
	Cash Equivalent (DSUs)2

	Chair and Vice Chair
	$340,000
	$95,000
	$245,000

	Lead director 
	$340,000
	$95,000
	$245,000

	Audit Chair, Compensation Chair
	$325,000
	$80,000
	$245,000

	Other committee chair
	$310,000
	$80,000
	$230,000

	Other outside director
	$300,000
	$75,000
	$225,000

	Employee director other than Executive Chair
	No additional compensation
	N/A
	N/A

1  Directors receive the applicable cash payment for services rendered during the previous year on the date of the annual meeting of stockholders.  If a director has served on the Board for less than six months prior to the meeting date, the director is not entitled to any applicable cash payment but the Board, in its discretion, may consider a pro-rata cash payment for a partial-year of prior service. 
2  Directors also receive a grant of deferred stock units (DSUs) upon the approval of the Compensation Committee of the Board on or about the date of the annual meeting for services to be rendered during future years.  The value of the DSUs is calculated using the closing price on the date the grant is approved. Vesting is tied to continued service after the annual meeting; grants vest 100% after the first year.  See Policy on Departing Directors for information on the impact on vesting when a director leaves the Board. 
		
	•
	Non-Continuing Directors - A director who was serving on the Akamai Board immediately prior to the annual meeting of stockholders but who will not be a Continuing Director following such meeting will be eligible for the cash compensation reflected above but no equity compensation. 

Policy on Departing Directors
Under the terms of the Company’s Policy on Non-Employee Director Compensation Payable Upon a non-employee director’s departure from the Board, such director, if he or she has completed one year of Board service, will receive:
		
	•
	A cash payment equal to the pro-rated annual cash retainer payable to such director under Akamai’s non-employee director compensation plan and

		
	•
	Acceleration of 100% of the unvested DSUs and RSUs held by such director at the time of departure.  Such shares will become exercisable in full.

In addition, if a director has completed three years of Board service at the time of departure, 100% of the unvested stock options initially granted to such director upon joining the Board will accelerate at the time of departure and become exercisable in full.
In addition, if a director has completed two years of Board service at the time of departure, 100% of the unvested RSUs initially granted to such director upon joining the Board will accelerate at the time of departure and become exercisable in full.Exhibit 10.20

Exhibit 10.20
Summary of the Registrant's Compensatory Arrangements with Executive Officers

	
			
	Name and Title
	 
	Base Salary for 2012 - Effective April 1, 2014

	F. Thomson Leighton
Chief Executive Officer
	 
	$1

	James Benson
Chief Financial Officer
	 
	$425,000

	Robert Blumofe
Executive Vice President - Platform
	 
	$400,000

	Melanie Haratunian
Executive Vice President and General Counsel
	 
	$415,000

	Robert Hughes
President - Worldwide Operations 
	 
	$515,000

	Rick McConnell
President - Products and Development
	 
	$515,000Exhibit 10.27

Exhibit 10.27

Akamai Technologies, Inc.             Form of 2014 Executive Bonus Plan

Name:                                 Performance Period: FY 2014
Title:    

This 2014 Executive Bonus Plan sets forth your annual compensation for 2014 based on the achievement of certain corporate and individual performance objectives. In order to receive your annual cash incentive bonus, you must be an employee and a member of the CEO’s staff throughout all of 2014 and the corporate and individual objectives must be met, as described more thoroughly below. The Compensation Committee will resolve all questions arising in the administration, interpretation and application of this plan, and the Compensation Committee’s determination will be final and binding on all concerned.  Where permitted by applicable law, the Compensation Committee reserves the right to modify, at its discretion and at any time, the terms of this plan, including, but not limited to, the performance objectives, targets, and payouts. 

Annual Compensation Levels at Target Performance
	
		
	Base salary:
	$____________

	Annual cash incentive bonus at target:
	$____________

	Total Cash Compensation at target:
	 $____________

Performance Objectives/Targets

Your 2014 cash incentive bonus is comprised of three components:  corporate financial performance during Fiscal Year 2014 against a revenue target (40%) (the “Revenue Component”), corporate financial performance during Fiscal Year 2014 against a non-GAAP operating income target (40%) (the “Operating Income Component” and together with the Revenue Component, the “Financial Components”) and individual 2014 performance goals  As established by the Chief Executive Officer or, in the case of the CEO, the Compensation Committee. (20%) (the “MBO Component”) *.

The method for calculating corporate financial performance used to determine the Financial Components is described in the attached Schedule 1.  In the event of any question as to whether the components of the Financial Components have been satisfied, the Compensation Committee shall make such determination.  The amounts payable to you under the Financial Components are as follows:

For performance at intermediate percentages not specified, the amount paid shall be calculated based on where actual performance falls on the “slope” between the two identified tiers.

	
			
	Akamai Performance Against Target from Schedule 1 **
	 
	Amount Payable to You

	95% of Target
	 
	25% of Component ($_____________)

	99% of Target
	 
	90% of Component ($_____________)

	100% of Target
	 
	100% of Component ($_____________)

	101% of Target
	 
	110% of Component ($_____________)

	105% of Target
	 
	200% of Component ($_____________)

The amount payable under the MBO Component ranges from 0% to 100% of that target ($0 up to $___________) based on the determination of whether individual objectives have been met by you. The Chief Executive Officer shall make such determination and shall report such determination to the Compensation Committee.  The Compensation Committee shall retain the right, exercisable in its discretion, to overrule the determination of the Chief Executive Officer and make an independent and binding determination as to whether you have achieved your individual objectives ***.  Subject to the foregoing, the Chief Executive Officer’s determination will be final and binding on all concerned. In the case of the Chief Executive Officer, the Board of Directors shall make the determination as to whether his individual performance objectives have been met.  The determination of the Board of Directors will be final and binding on all concerned. Performance above the maximum may result in higher reward at the sole discretion of the Compensation Committee.

The payment of any annual incentive bonus will be made within thirty (30) days following the filing of Akamai’s SEC 10-K filing for FY 2014 but no later than March 15, 2015.

Acceptance:        __________________________            ________________
           Date

Approved by:        __________________________            ________________
Date

*      As established by the Chief Executive Officer or, in the case of the CEO, the Compensation Committee.
**      For performance at intermediate percentages not specified, the amount paid shall be calculated based on where actual performance falls on the “slope” between the two identified tiers.
***    In the case of the Chief Executive Officer, the Board of Directors shall make the determination as to whether his individual performance objectives have been met.  The determination of the Board of Directors will be final and binding on all concerned.

SCHEDULE 1
CORPORATE FINANCIAL PERFORMANCE MEASUREMENT METHODOLOGY
A.    Overview; Definitions    

The target amount for payment at 100% of the Revenue Component is $____ million.  The target amount for payment at 100% of the Non-GAAP Operating Income Component is $___ million. 

For purposes of this Agreement, such metrics shall have the following meanings:

“Revenue” shall mean the Company’s consolidated revenue for fiscal year 2014 calculated in accordance with generally accepted accounting principles in the United States (US) of America. Revenue will be adjusted for constant currency, defined as revenue denominated in US dollars plus revenue denominated in foreign currencies converted to US dollars at 2014 budgeted foreign currency exchange rates.

“Non-GAAP Operating Income” shall mean the Company’s consolidated annual operating income for fiscal year 2014, which is income from operations before income taxes interest income and other income/expense, adjusted for items excluded by the Company in determining non-GAAP earnings including amortization of intangible assets, equity-related compensation, restructuring charges and benefits, certain gains and losses on equity investments and acquisition and divestiture-related expenses. Non-GAAP operating income will be adjusted for constant currency.

If, on December 31, 2014, the Company is required to make periodic reports under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Company’s consolidated financial statements filed with the Securities and Exchange Commission on Form 10-K shall constitute its “Public Company Financial Statements” and shall apply.  If, on December 31, 2014, the Company is not required to make periodic reports under the Exchange Act, the Company’s regularly prepared annual audited financial statements prepared by management shall be its “Private Company Financial Statements” and shall apply.  The Public Company Financial Statements or Private Company Financial Statements, as applicable, may be referred to herein as the “2014 Financial Statements.”

B.    Effect of an Acquisition or Disposition by Akamai

In the event that Akamai closes an Acquisition Transaction or Disposition Transaction during 2014, the Compensation Committee shall make adjustments to affected performance targets to give effect to the expected impact on such targets of the applicable Acquisition Transaction or Disposition Transaction (including whether it is accretive or not) based on management’s good faith estimate of the projected impact as presented to the Board of Directors and/or Compensation Committee.  An “Acquisition Transaction” means (i) the purchase of more than 50% of the voting power of an entity, (ii) any merger, reorganization, consolidation, recapitalization, business combination, liquidation, dissolution or share exchange involving Akamai and an entity not previously owned by Akamai, or (iii) the purchase or other acquisition (including, without limitation, via license outside of the ordinary course of business or joint venture) of assets that constitute more than 50% of another entity’s total assets or assets that account for more than 50% of the consolidated net revenues or net income of such entity.  A “Disposition Transaction” means the sale of a division, business unit or set of business operations and/or related assets to a third party.

All determinations of the Compensation Committee regarding the estimated impact of an Acquisition Transaction shall be final, binding and non-appealable.  The cumulative impact of all Acquisition Transactions shall be set forth in a statement delivered upon payment, if any, of the bonus contemplated by this plan.  This plan shall be deemed to be automatically amended, without further action by the Company or the executive, to give effect to any adjustments required by this Section B.

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