Document:

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EXHIBIT 10.1

2007 EXECUTIVE OFFICER INCENTIVE COMPENSATION PLAN

PURPOSE: The purpose of the Executive Officer Incentive Compensation Plan is to attract, motivate
and retain qualified executive officers to maximize Company performance against pre-defined
operating objectives.

BACKGROUND: The Executive Officer Incentive Compensation Plan is a core component of the overall
compensation package for the Company’s non-commissioned executive officers. The program affords
the executive officers the opportunity to be financially rewarded based on actual results and
affords the Company cash conservation when business objectives are not achieved.

PLAN SUMMARY: Non-commissioned executive officers participate in the Plan. Potential incentive
compensation under the Plan is based on each participant’s position, salary level and Company
performance against pre-defined objectives. Eighty percent of actual incentive compensation is
paid quarterly based on year-to-date net revenues and operating income results versus the Plan
targets. The remaining 20% is paid after the end of the fiscal year based on fiscal year net
revenues and operating income results versus the Plan targets. One-half of the incentive
compensation is based on the Company’s performance against year-to-date net revenues targets and
the other one-half is based on the Company’s performance against year-to-date operating income
targets.

PLAN DETAIL:

     The basis for incentive compensation is the Company’s year-to-date results versus the net
revenues and operating income targets. Eighty percent of the potential bonuses are determined and
payable quarterly and 20% of the potential bonuses are determined and payable after the end of the
fiscal year. In the event that year-to-date performance versus the net revenues and operating
income targets are both <80%, no payment is made under the Plan. Actual payment of the
quarterly bonuses, if any, is made in the month following the completion of each fiscal quarter
after review of the results by the Compensation Committee, except for payment relating to net
revenues and operating income >100% of targets. Over achievement and the bonuses determined and
payable after the end of the fiscal year, if any, are measured based on the net revenue and
operating income performance for the year and paid after the close of the fiscal year after review
of the results by the Compensation Committee, but no later than March 14, 2008.

Note: New non-commissioned executive officers will be considered for participation at the
discretion of the Compensation Committee. Payments, if any, will be on a pro rata basis.

INCENTIVE COMPENSATION PAYMENT CALCULATIONS

BONUS FORMULA

(% TO YTD NET REVENUES TARGET   X   FACTOR    X    SALARY    X    RATE    X    .1) +

(% TO YTD OPERATING INCOME TARGET   X   FACTOR    X    SALARY    X    RATE   X    .1)

 

 

FACTOR DETERMINATION:

	 	 	 	 	 
	% TO NET REVENUES/ OPERATING INCOME TARGET	 	FACTOR
	< 80%
	 	 	0	 
	80% to 84%
	 	 	.6	 
	85% to 89%
	 	 	.75	 
	90% to 94%
	 	 	.85	 
	95% to 98%
	 	 	.95	 
	99% to 101%
	 	 	1.00	 
	102% to 104%
	 	 	1.15	 
	105% to 109%
	 	 	1.3	 
	110% to 114%
	 	 	1.5	 
	115% or more
	 	 	1.8	 

Note: The percentages of actual net revenues or operating income compared to targets shall be
rounded to the nearest whole percent for purposes of determining the Factor. Any amount earned for
overachievement of the net revenues and/or operating income targets in accordance with the portion
of the potential bonus determined and payable quarterly is paid after the end of the fiscal year
only.

Note: The Compensation Committee reserves the right to adjust actual incentive compensation paid to
individuals under the portion of the potential bonuses determined and payable after the end of the
fiscal year. Adjustments upward will most commonly be made for, but not be limited to, significant
individual contributions and changes in an individual’s roles and responsibilities. Downward
adjustments will most commonly be made for, but not limited to, failures to perform one’s general
responsibilities.

For purposes of this Plan, operating income will exclude any expense for overachievement payments
under any Company incentive compensation plan and any adjustments to the Company’s deferred tax
asset valuation allowance, and the Compensation Committee may, in its discretion, adjust net revenues and/or operating
income to eliminate the impact, if any, of other unusual or non-recurring charges and benefits
(such as from sales of assets, acquisitions or non-cash write-downs of assets).

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INCENTIVE COMPENSATION PLAN ADMINISTRATION GUIDELINES

	•	 	This Plan shall be administered by the Company’s Compensation Committee, which is authorized to interpret this Plan, to
make, amend and rescind rules and regulations relating to this Plan, to make awards under this Plan, and to make all
other determinations under this Plan necessary or advisable for its administration.
	 
	•	 	All determinations, interpretations and constructions made by the Compensation Committee shall be final and conclusive.
	 
	•	 	The Compensation Committee reserves the right to pay bonuses to participants beyond those, if any, called for by the
Plan, less than those called for by the Plan, or to defer payment of bonuses based on the Company’s cash position at
the time of the planned payout, provided that the payments shall be made on or before March 14, 2008.
	 
	•	 	Rights under this Plan may not be transferred, assigned or pledged.
	 
	•	 	Nothing in this Plan confers any participant any right to continued employment and does not interfere with the
Company’s right to terminate an employee’s employment.
	 
	•	 	Net revenues and operating income will be as reported in the Company’s Form 10-Q and 10-K, except operating income will
exclude any expense for overachievement payments under any Company incentive compensation plan and any adjustments to
the Company’s deferred tax asset valuation allowance, and the Compensation Committee may, in its discretion, adjust
net revenues and/or operating income to eliminate the impact, if any, of other unusual or non-recurring charges and benefits (such as from
sales of assets, acquisitions or non-cash write-downs of assets).
	 
	•	 	The participant must be a full-time employee in good standing at the time of actual payment in order to receive any
payment under the Plan. No payment will be made to any person who leaves the full-time employ of the Company before
the payment date. No payment will be made to any person who is subject to a formal, written performance action plan.
	 
	•	 	Any over achievement payment earned due to actual net revenues or operating income exceeding net revenues or operating
income targets will be paid after the end of the fiscal year based on final year-end net revenues or operating income
results versus the net revenues or operating income targets.
	 
	•	 	Participation in this Plan will be suspended during periods of personal time off days beyond the allowable amount,
long-term disability periods, or any other extended leave of absence. Actual payment reductions and/or discontinuation
of participation in the program for the remainder of the fiscal year will be at the discretion of the Compensation
Committee.
	 
	•	 	Earned payments under the portion of the potential bonus determined and payable quarterly, except for payments relating
to over achievement, are intended to be paid after the close of each fiscal quarter based on year-to-date performance
versus the net revenues and operating income targets. Payments under the portion of the potential bonuses determined
and payable after the end of the fiscal year, and any over achievement relating to the portion of the potential bonus
determined and payable quarterly, shall be paid after the close of the fiscal year. In either case, actual payment
will be made as soon as practicable after net revenues and operating income are determined and after review of the
results by the Compensation Committee, but no later than March 14, 2008.

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	•	 	Payments under the portion of the potential bonus determined and payable quarterly will be made for “catching up” on a
year-to-date basis. For example, if the Company finishes the first quarter below the net revenues and/or operating
income targets, participants can recoup their full first quarter bonus not earned at the conclusion of the first
quarter by “catching up” by the end of the second quarter.

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EXHIBIT 10.3

FIRST AMENDMENT TO

SOMANETICS CORPORATION

2005 STOCK INCENTIVE PLAN

     WHEREAS, SOMANETICS CORPORATION, a Michigan corporation (the “Company”), has previously
adopted the Somanetics Corporation 2005 Stock Incentive Plan (the “Plan”);

     WHEREAS, pursuant to Section 4.2 of the Plan, the Company’s Board of Directors has retained
right to amend the Plan; and

     WHEREAS, the Company’s Board of Directors now desires to amend the Plan.

     NOW THEREFORE IN CONSIDERATION of the premises and by resolution of the Company’s Board of
Directors, the Plan is hereby amended as follows:

Section 1.5(a) of the Plan is amended to read as follows:

     “(a) Subject to adjustment as provided in Section 4.7, the number of Common Shares that
shall be available for awards under this Plan shall be 1,200,000.”

Dated: January 17, 2007exv10w1

 

EXHIBIT 10.1

AMENDMENT TO

STOCK OPTION AGREEMENT

UNDER THE ANADARKO PETROLEUM CORPORATION

1999 STOCK INCENTIVE PLAN

     THIS AMENDMENT TO THE STOCK OPTION AGREEMENT, made as of January 23, 2007 by and between
Anadarko Petroleum Corporation (the “Company") and [Name] (the “Participant"), evidences the
agreement to amend the Stock Option Agreement (the “Option") granted as of January 10, 2007 (the
“Date of Grant") in accordance with the provisions of Section 7(b) of the Anadarko Petroleum
Corporation 1999 Stock Incentive Plan (the “Plan") and Section 11 of the Option.

     The Company and the Participant agree as follows:

     1. Modification of Exercise Price. The Exercise Price of the Option will be raised
from $40.51, which per share price equals the Fair Market Value (as defined in the Plan) of a share
of Company common stock on the Date of Grant, to $48.90.

     2. No Other Changes. The parties agree that the Option is amended with respect to the
increase in the Exercise Price alone and that all other terms and conditions remain as agreed to on
the Date of Grant.

     IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day and year
first above written.

	 	 	 	 	 
	 	ANADARKO PETROLEUM

CORPORATION

 	 
	 	By:  	 	 
	 	 	Preston Johnson, Jr. 	 
	 	 	Vice President, Human Resources 	 
	 
	 	PARTICIPANT

 	 
	 	 	 
	 	[Name]

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