Document:

Exhibit 10.1

Exhibit 10.1

Cardtronics, Inc.

2009 Annual Executive Cash Incentive Plan

Members of the Cardtronics, Inc. (Cardtronics or the Company) leadership team are eligible to
participate in the Annual Executive Cash Incentive Plan (AECIP). The 2009 AECIP has been designed
to include certain performance thresholds and metrics focused on Company performance, subject to a
Management by Objective (MBO) modifier, to ensure the Company is measuring and rewarding its
executive leadership team on critical business drivers that they influence.

     I. Plan Mechanics

Three components factor into the calculation of a participant’s earned AECIP award:

	 	A.	 	Performance Thresholds: Minimum levels of Company financial performance that must be
attained in order for AECIP payouts to occur.

	 
	 	B.	 	Performance Metrics: Particular levels of Company financial achievement that the
AECIP is designed to reward.

	 
	 	C.	 	Individual MBO Modifier: Adjustments to an individual’s bonus payout will be based
on attainment of that individual’s MBOs.

     II. Performance Thresholds

For any AECIP to be payable, all three of the following performance thresholds must be met:

	 	A.	 	Cardtronics must achieve the threshold level of its fiscal year corporate Adjusted
Earnings before Interest, Income Taxes, Depreciation and Amortization (Adjusted EBITDA).

	 
	 	B.	 	Cardtronics must be compliant with all material public company regulations and
reporting requirements for its fiscal year.

	 
	 	C.	 	The executive must achieve the minimum performance standards established by his
superior and/or the Board.

     III. Participants & Groupings

The Cardtronics 2009 AECIP participants have been placed into one of two groups, which reflect
their ability to control the results of the metrics assigned to each group. The two participant
groups are:

	 	A.	 	Worldwide. These metrics represent the consolidated fiscal year results as per the
Company’s public reporting.

	 
	 	B.	 	UK Only. These metrics represent the UK results denominated in UK pound sterling.

Schedules A & B list each of the 2009 AECIP participants, their respective group assignment, and
the related Target Bonus Payout.

 

 

Cardtronics 2009 AECIP

Plan Summary

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Version: August 11, 2009

     IV. Performance Metrics

The AECIP rewards the achievement of performance on key metrics that are critical to Cardtronics’
continued success. For the Worldwide participants, the 2009 AECIP metrics are:

	 	A.	 	Adjusted EBITDA.
	 
	 	B.	 	Return on Invested Capital.

For the UK participants, a single metric of Adjusted EBITDA will be used.

     V. Performance Metrics — Definitions

	 	A.	 	Adjusted Earnings Before Interest, Income Taxes, Depreciation and Amortization
(Adjusted EBITDA)

	 	1.	 	Worldwide Adjusted EBITDA: Adjusted EBITDA as reported to the public in
Cardtronics’ press releases, modified by any adjustments that the Compensation
Committee believes are appropriate.

	 
	 	2.	 	UK Adjusted EBITDA: The contribution of UK entities to the Worldwide
Adjusted EBITDA figure, per Cardtronics’ internal financial statements, as modified by
any adjustments that the Compensation Committee believes are appropriate.

	 	B.	 	Return on Invested Capital (ROIC)

	 	1.	 	ROIC = Net Operating Profit After Tax (NOPAT) divided by Capital Invested
(CI).

	 
	 	2.	 	NOPAT = (Adjusted EBITDA less depreciation for the relevant plan year, less
adjustments for non-wholly-owned subsidiaries), less taxes at a 35% tax rate.

	 
	 	3.	 	CI = For the trailing five quarter-ends (12/08, 3/09, 6/09, 9/09, 12/09), the
average of (Total Assets minus Goodwill and Intangible Assets, minus accounts payable,
accrued liabilities, assets related to interest rate hedging, and asset retirement
obligations), as reported in the Company’s quarterly reports on Form 10-Q and annual
reports on Form 10-K (or in the case of subsidiaries, in the Company’s internal
records).

     VI. Performance Targets

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Group	 	Metric	 	Weighting	 	Threshold	 	Target	 	Maximum
	Worldwide
	 	Adjusted EBITDA	 	 	50	%	 	$	72,000	 	 	$	80,000	*	 	$	96,000	 
	 
	 	ROIC	 	 	50	%	 	 	19.2	%	 	 	23.5	%	 	 	32.0	%
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	UK Only
	 	Adjusted EBITDA	 	 	100	%	 	£	7,538	 	 	£	8,376	 	 	£	10,051	 

 

			
	* 	This target was set by the Company’s Board of Directors on January 23, 2009.	 

 

 

Cardtronics 2009 AECIP

Plan Summary

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Version: August 11, 2009

Worldwide Targets: Fifty percent (50%) of the bonus pool will be based on Adjusted EBITDA
performance. For the Adjusted EBITDA metric, the threshold level is set at 90% of the Target
(budgeted) Adjusted EBITDA level, and the Maximum level is set at 120% of the Target EBITDA level.

Fifty percent (50%) of the bonus pool will be based on ROIC performance. For the ROIC metric, the
Threshold ROIC level is set at 19.2% (which is the level achieved if Capital Invested is at
budgeted levels and Adjusted EBITDA is 90% of budget), and the Maximum level is set at 32.0% (which
is the level achieved if Capital Invested is at budgeted levels and Adjusted EBITDA is at 120% of
budget). The Target ROIC level of 23.5% would be achieved if both Capital Invested and Adjusted
EBITDA are at budgeted levels.

For both metrics, it is intended that the Threshold performance level triggers a potential bonus
pool at the Threshold level (50% of Target bonus pool), that the Target performance level triggers
a potential bonus pool at the Targeted level (100% of Target bonus pool), and performance at or
above the Maximum level triggers a potential bonus pool at the Maximum level (200% of Target bonus
pool), in each case for the relevant portion of the bonus pool.

UK Target: 100% of the bonus pool will be based on Adjusted EBITDA performance.

     VII. Performance Levels

AECIP is designed to pay bonuses relative to the Company’s actual performance using the schedule
shown below. The AECIP is structured to reward the attainment of performance targets and to
provide for substantially increased rewards when these performance targets are exceeded. Bonus
payouts will not be made unless the Company exceeds certain critical threshold levels.

	 	 	 
	 	 	Bonus Payout for Performance
	Performance Level	 	(% of Target)
	Maximum
	 	200%
	Target
	 	100%
	Threshold
	 	50%
	Below Threshold
	 	No Payout

     VIII. Individual MBO Modifier

Regardless of financial performance, each AECIP award will be adjusted to reflect the individual
performance of each executive based on the attainment of his MBOs. The AECIP incentivizes each
executive to outperform his MBOs and penalizes underperformance. Management’s intention is for the
Company’s total bonus payout (e.g., after the MBO modifier) to correlate to the consolidated bonus
accrual. For

 

 

Cardtronics 2009 AECIP

Plan Summary

Page 4 of 7

Version: August 11, 2009

example, if the Company achieves its Adjusted EBITDA Target and ROIC Target (aka “budget”),
the sum of the bonus payout would not exceed 100% of the budgeted accrual. If the Adjusted EBITDA
performance is +5% to budget, the sum of the bonus payouts would not exceed 125% of the bonus
budget, etc.

The MBO adjustment scale is as follows:

	 	 	 	 	 
	 	 	 	 	Modification / % of AECIP
	MBO Rating	 	Performance	 	Paid
	5
	 	All MBOs  exceeded	 	120%
	4
	 	All MBOs attained	 	100%
	3
	 	Substantially all MBOs attained	 	80%
	2
	 	Most but not all MBOs attained	 	50%
	1
	 	Most MBOs missed	 	0%

     IX. Graphical Representation

The following graphics and example explain the AECIP plan design (for the UK group, only the
Adjusted EBITDA metric is used, with a 100% weighting):

 

 

Cardtronics 2009 AECIP

Plan Summary

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Version: August 11, 2009

Cardtronics’ 2009 Annual Executive Cash Incentive Plan

Joe Example

Performance Targets (#s in 000’s)

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Performance Metric	 	Weighting	 	Threshold	 	Target	 	Maximum
	Adjusted EBITDA
	 	 	50	%	 	$	72,000	 	 	$	80,000	 	 	$	96,000	 
	ROIC
	 	 	50	%	 	 	19.2	%	 	 	23.5	%	 	 	32.0	%

               Payout Matrix

	 	 	 	 	 
	Current Base Salary
	 	$	150,000	 
	Target Incentive as % of Salary
	 	 	40	%

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Below Threshold	 	Threshold	 	Target	 	Maximum
	Payout as % of Target
	 	 	0	%	 	 	50	%	 	 	100	%	 	 	200	%
	Incentive Payout
	 	$	0	 	 	$	30,000	 	 	$	60,000	 	 	$	120,000	 

               Example of AECIP Calculation

Assumptions: Adjusted EBITDA and ROIC thresholds are met, public company material
reporting met, and minimum performance standards met.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Performance Metric	 	Actual Performance	 	AECIP Payout Level	 	Weighting	 	Actual AECIP
	EBITDA
	 	$	80,000	 	 	 	100	%	 	 	50	%	 	$	30,000	 
	ROIC
	 	 	23.5	%	 	 	100	%	 	 	50	%	 	$	30,000	 

	 	 	 	 	 
	AECIP Amount Before MBO Modifier
	 	$	60,000	 
	MBO Rating
	 	 	3	 
	MBO Modification
	 	 	20	%
	Final AECIP Payout
	 	$	48,000	 

Page 5 of 7

 

Cardtronics 2009 AECIP

Plan Summary

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Version: August 11, 2009

Miscellaneous

                   X. Recoupment Policy

It is Cardtronics’ policy that cash bonuses paid to executives are subject to recoupment if the
operating or financial results used to calculate the bonus are later restated. Under this policy,
an executive who engages in fraud or other misconduct leading to the restatement is required to
repay any cash bonus paid for the period in question.

                   XI. Discretion

While the intent is to determine bonuses in accordance with the calculations defined by this plan,
the CEO and Compensation Committee of the Board of Directors retain the discretion to adjust the
bonus determinations for the performance period relative to the performance targets. Final bonus
awards will be determined based on the funds available.

                   XII. AECIP Calculations

In the event actual results fall in between the Threshold, Target and Maximum levels, interpolation
will be used to determine the appropriate bonus payout.

                   XIII. Other Considerations

The Performance Levels described in the 2009 AECIP represent the Cardtronics business as of January
1, 2009. Should the Board of Directors formally approve actions, such as a material acquisition
that may affect the attainment of the Performance Metrics and Levels described herein, the impact
of such actions to the 2009 AECIP will be determined and presented to the Compensation Committee
for approval of revised Performance Levels for bonus calculation purposes.

     XIV. Effective Date

The 2009 AECIP is effective as of January 1, 2009. If bonuses are paid, audited financial results
for the year ended December 31, 2009 will be used to calculate the bonus payout. As a result, any
payment of bonuses will be delayed until the results of the Company’s 2009 audit are substantially
finalized. As a result, participants can expect to receive payment with the last paycheck of
March, 2009. To be eligible to receive a bonus for fiscal 2009, an employee must be an active
employee on the date the bonus is paid.

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Cardtronics 2009 AECIP

Plan Summary

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Version: August 11, 2009

Schedule A

Target Bonus Goals for “Worldwide” Executive Officers Bonus Group

Target bonus goals for each executive officer are as follow:

	 	 	 	 	 	 	 
	 	 	 	 	Target Bonus Payout
	Name	 	Title	 	(% of Salary)
	Mike Clinard

	 	President — Global Services
	 	 	50	%
	Chris Brewster

	 	Chief Financial Officer
	 	 	50	%
	Rick Updyke

	 	President — Global Development
	 	 	50	%
	Brian Archer

	 	Chief Marketing Officer
	 	 	50	%
	Thomas Upton

	 	EVP Acquisitions
	 	 	50	%
	Tres Thompson

	 	Chief Accounting Officer
	 	 	40	%
	Jerry Garcia

	 	Chief Information Officer
	 	 	40	%
	Bill Knoll

	 	EVP Product Management
	 	 	40	%
	Mike Keller

	 	General Counsel
	 	 	40	%
	Bill Sass

	 	EVP Advanced Services
	 	 	40	%
	Jim Bettinger

	 	EVP Operations
	 	 	40	%
	Randy Rice

	 	EVP Risk Management
	 	 	30	%
	Benjamin Psillas

	 	President — Allpoint
	 	 	30	%
	Brad Conrad

	 	SVP Corporate Controller
	 	 	30	%
	Todd Ruden

	 	SVP Planning & Treasurer
	 	 	30	%

Schedule B

Target Bonus Goals for “UK” Executive Officers Bonus Group

Target bonus goals for each executive officer are as follow:

	 	 	 	 	 	 	 
	 	 	 	 	Target Bonus Payout
	Name	 	Title	 	(% of Salary)
	Ron Delnevo

	 	Bank Machine Managing Director
	 	 	40	%
	Debbie Smyth

	 	Bank Machine Operations Director
	 	 	30	%
	Anthony Horne

	 	EVP International Business Dev
	 	 	41	%

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Exhibit 10.14

PROMISSORY NOTE

	 	 	 
	$888,000.00
	 	 
	Exton, PA

	 	Date: June 16, 2009

     IN CONSIDERATION OF VALUE RECEIVED, and intending to be legally bound, the undersigned,
jointly and severally, (hereinafter called the “Borrower”), promise to pay, without offset, defense
or counterclaim, to the order of SNC-Lavalin Project Services, Inc. (hereinafter called the
“Holder”), or its assigns, the principal amount of Eight Hundred Eighty Eight Thousand Dollars and
No Cents ($888,000.00) as follows:

     Upon execution of this Note, Borrower shall pay to Holder the sum of One Hundred Thousand
Dollars ($100,000.00) (the “Downpayment”) in a certified check payable to SNC-Lavalin Project
Services, Inc.

     For the six (6) month period commencing as of the date of this Note, Borrower shall pay to
Holder interest only on the balance of the principal amount of the Note at the rate of six per cent
(6%) per annum. Payments of interest shall be made monthly, commencing thirty (30) days following
the date of this Note.

     Commencing seven (7) months after the date of this Note, Borrower shall pay the balance of the
principal amount of this Note, without interest, in eighteen equal monthly installments of
Forty-Three Thousand Seven Hundred Seventy Seven Dollars and Seventy Seven Cents ($43,777.77).

     Other than the Downpayment, all payments under this Note are to be made by check or other
legal tender to SNC-Lavalin Project Services, Inc., at 436 Creamery Way, Suite 100, Exton, PA, or
via wire to Holder at Bank of America Bank, Account No. 4426389767.

     If the Borrower fails to pay any principal or interest installment due under this Note when
due, which failure to pay continues for a period of five (5) days after such due date, or fails to
comply with any other provision or obligation contained in this Note, then in such event, the
Holder, at its option, may declare this Note immediately due and payable without notice or demand
in which event, the aggregate amount of any unpaid principal balance due, plus any unpaid
interest due hereunder, shall be immediately due and owing.

     If the Borrower shall be dissolved, or if all or substantially all of the assets of Borrower
are sold or otherwise transferred, or proceedings in the nature of insolvency, receivership,
bankruptcy or reorganization will be commenced with respect to Borrower, provided that if such
proceeding is commenced on an involuntary basis and remains unstayed and in effect for a period of
forty-five (45) days, or if Borrower will make an assignment for the benefit of creditors or will
be the subject of a receiver for all or any part of its property, then and in any such event,
Holder may declare the entire balance due under this Note immediately due and payable without any
demand or notice whatsoever.

     Presentment, demand for payment, notice of dishonor and protest are hereby waived. The Holder
may renew or extend this Note, release any party hereto, or waive or modify any provision hereof,
without affecting the obligation of the Borrower and without affecting the Holder’s right
thereafter to demand strict compliance the terms of this Note.

     The Holder may, at its election, and subject to prior exercise, in its discretion, of its
right of acceleration, accept payment of arrears, and, if any defaulted payment is more than five
(5)
days in arrears, the Borrower shall pay as liquidated damages, in addition to the other
amounts due, a late charge on each defaulted payment so in arrears in an amount equal to the lower
of two percent (2%) per month of such payments from its due date or at the maximum interest rate
permitted by applicable law. After

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the expressed or declared maturity of this Note, the Borrower
shall pay interest on unpaid balances at the lower of eighteen percent (18%) per annum or the
maximum interest rate permitted by applicable law. In the event that the Holder institutes an
action upon this Note, the Borrower shall pay, in addition to unpaid principal, interest and late
charges, all expenditures incurred by the Holder, including reasonable attorney’s fees and costs as
defined herein.

     THE BORROWER HEREBY IRREVOCABLY AUTHORIZES, APPOINTS AND EMPOWERS ANY ATTORNEY OF ANY COURT OF
RECORD, UPON ANY DEFAULT HEREUNDER WITH RESPECT TO ANY OF THE OBLIGATIONS UNDER THIS NOTE, TO
APPEAR FOR AND CONFESS JUDGMENT AGAINST THE BORROWER, ITS SUCCESSORS OR ASSIGNS, FOR ALL OR ANY
PORTION OF THE UNPAID AMOUNT OF THE PRINCIPAL AND INTEREST HEREUNDER, AS EVIDENCED BY AN AFFIDAVIT
SIGNED BY AN OFFICER OF THE HOLDER SETTING FORTH THE AMOUNT OR AMOUNTS THEN DUE, PLUS REASONABLE
ATTORNEYS’ FEES, BUT NOT LESS THAN $5,000.00, AND COSTS OF SUIT, WITH RELEASE OF ERRORS AND
WITHOUT RIGHT OF APPEAL. IF A COPY HEREOF, VERIFIED BY THE HOLDER, WILL HAVE BEEN FILED IN ANY
SUCH PROCEEDING, IT WILL NOT BE NECESSARY TO FILE THE ORIGINAL HEREOF AS A WARRANT OF ATTORNEY, AND
THE ORIGINAL OR ANY COPY HEREOF WILL BE A GOOD AND SUFFICIENT WARRANT OF ATTORNEY.

     The Borrower hereby waives the right to stay any execution and the benefits of all exemption
laws now or hereafter in effect, including but limited to exemptions from levy and sale of any
property that now is or may hereafter be exempted by law, and also hereby waives the benefit of all
valuation and appraisement privileges.

     No single exercise of the foregoing warrant and power to confess judgment will be deemed to
exhaust the power, whether or not such exercise will be held by any court to be invalid, voidable
or void, but the power will continue undiminished and may be exercised from time to time, and
contemporaneously in more than one jurisdiction, as often as the Holder will elect until all the
obligations have been paid in full.

     In the event of any default on the part of Borrower in any respect to the provisions and
obligations contained in this Note, Holder may, at its option and without notice to Borrower,
exercise as to any security held for this Note all of the rights and remedies of a secured creditor
under the Uniform Commercial Code as in effect in New Jersey or Pennsylvania and, without
limitation, may apply the proceeds of any sale or other disposition of any collateral, and any
other funds or goods whatsoever in Holder’s hands, to the payment or other satisfaction of any one
or more of the obligations (after deducting all costs, attorneys’ fees and other expenses incurred
in the realization on or perfection or protection of such security) in such order as Holder may
elect, without any duty to marshal any such property in favor of any Borrower or other person, all
without releasing any Borrower from liability to pay any deficiency remaining unpaid after such
application. So long as any obligation has not been paid in full, no payment by any Borrower
pursuant to any provision hereof will entitle such Borrower, by subrogation to Holder’s rights or
otherwise, to any payment by or out of the property of any other Borrower.

     This Note and all issues arising hereunder shall be governed by Pennsylvania law.

     The Borrower consents to the jurisdiction of the courts of Pennsylvania and the United States
District Court for the Eastern District of Pennsylvania in any action or proceeding which may be
brought against it under or in connection with the Note. The Borrower agrees that service of
process in any such action or proceeding may be duly brought against it or her by service in
accordance with applicable court rules or by United States Registered or Certified Mail, return
receipt requested, postage pre-paid, addressed to Borrower at the address listed below, or at such
other address as the Borrower may request in writing and in accordance with the notice provisions
below.

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     This Note will be binding upon the Borrower, and its respective successors and assigns, and,
if executed by more than one party, will be their joint and several obligation and will not be
revoked or impaired as to any of them by the death or dissolution of any of them or by any release
or revocation as to any of them. This Note will inure to the benefit of the Holder and its
successors and assigns and will be construed liberally in favor of the Holder for its benefit and
protection. As used herein, words of any gender will include those of any other gender, and the
singular will include the plural and vice versa, whenever the same is necessary to give a fair and
meaningful construction of this Note.

     BORROWER ACKNOWLEDGES THAT IT HAS HAD THE OPPORTUNITY TO ENGAGE THE ASSISTANCE OF COUNSEL FOR
THE REVIEW AND EXECUTION OF THIS PROMISSORY NOTE AND FURTHER ACKNOWLEDGES THAT THE MEANING AND
EFFECT OF THE CONFESSION OF JUDGMENT PROVISIONS HAVE BEEN FULLY EXPLAINED TO BORROWER BY SUCH
COUNSEL.

     The provisions of this Note are fully severable. If any provision hereof is declared void or
invalid for any reason, the remainder of this Note shall be given full force and effect and the
void or invalid provision shall be stricken or otherwise altered or amended in the manner most
favorable to Holder.

     All notices and demands required or desired to be given to Holder under this Note shall be in
writing and shall be delivered in person or by United States Registered or Certified Mail, return
receipt requested, postage pre-paid, addressed to Holder at the address for payment to Holder as
set forth above.

     Borrower warrants and represents that the individuals signing this note are duly authorized to
do so and to bind each respective Borrower to the terms and conditions of this Note.

	 	 	 	 	 	 	 
	 	 	Converted Organics of Woodbridge, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Signature:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 
	 	 	Converted Organics, Inc.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Signature:	 	 	 	 
	 

	 	 	 	 

	 	 
	 

	 	Title:	 	 	 	 
	 

	 	 	 	 

	 	 

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