Document:

Exhibit 10.29

Exhibit 10.29

Akamai Technologies, Inc.             Form of 2013 Executive Bonus Plan

Name:                                 Performance Period: FY 2013
Title:    

This 2013 Executive Bonus Plan sets forth your annual compensation for 2013 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 2013 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 2013 cash incentive bonus is comprised of three components:  corporate financial performance during Fiscal Year 2013 against a revenue target (40%) (the “Revenue Component”), corporate financial performance during Fiscal year 2013 against a Non-GAAP pre-tax net income component (40%) (the “Pre-Tax Net Income Component” and together with the Revenue Component, the “Financial Components”) and individual 2013 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:

Akamai Performance Against
Revenue Target from Schedule 1  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.
Amount Payable to You

95% of Target        25% of Revenue Component ($___________)
9_% of Target:        90% of Revenue Component ($____________)
100% of Target:        100% of Revenue Component ($____________)
1__% of Target:        110% of Revenue Component ($____________)
105% or greater of Target:        200% of Revenue Component ($____________)

Akamai Performance Against
Pre-Tax Net Income from Schedule 12        Amount Payable to You

94% of Target:        50% of Pre-Tax Net Income Component ($____________)
9_% of Target:        90% of Pre-Tax Net Income Component ($____________)
100% of Target:        100% of Pre-Tax Net Income Component ($___________)
1__% of Target:        110% of Pre-Tax Net Income Component ($___________)
105% or greater of Target:        200% of Pre-Tax Net Income 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 2013 but no later than March 15, 2014.

Acceptance:        __________________________            ________________
           Date

Approved by:        __________________________            ________________
Date

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

The target amount for payment at 100% of the Revenue Component is $1.610 million.  The target amount for payment at 100% of the Non-GAAP Pre-Tax Net Income Component is $511 million. 

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

“Revenue” shall mean the Company's revenue for fiscal year 2013 calculated in accordance with generally accepted accounting principles in the United States (US) of America and reported in the 2013 Financial Statements adjusted for constant currency, defined as revenue denominated in US dollars plus revenue denominated in foreign currencies converted to US dollars at 2013 budgeted foreign currency exchange rates.

“Non-GAAP Pre-Tax Net Income” shall mean the Company's “non-GAAP net income” before provision for income taxes for fiscal year 2013.  

“Non-GAAP net income” shall mean the Company's annual net income for fiscal year 2013 excluding amortization of intangible assets, equity-related compensation, restructuring charges and benefits, certain gains and losses on equity investments, loss on early extinguishment of debt, acquisition and divestiture-related expenses, and similar items excluded by the Company in determining non-GAAP net income in issuing its earnings announcement for fiscal year 2013.

If, on December 31, 2013, 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, 2013, 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 applicable financial statements may be referred to herein as the “2013 Financial Statements.”

B.    Effect of an Acquisition or Disposition by Akamai

In the event that Akamai enters into an Acquisition Transaction or Disposition Transaction during 2013, the Compensation Committee shall consider whether adjustments to Revenue and Non-GAAP Pre-Tax Net Income or the associated targets should be adjusted to give effect to such Acquisition Transaction (including whether it is accretive or not).  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 or Disposition Transaction shall be final, binding and non-appealable.  The cumulative impact of all Acquisition Transactions and Disposition 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.AGO-12.31.2012-10K Ex.10.4

Exhibit 10.4
 
ASSURED GUARANTY LTD.
 
DESCRIPTION OF EXECUTIVE OFFICER CASH COMPENSATION
 
FOR 2013
 
Set forth below are the 2013 annual salaries of the Executive Officers named in the compensation tables in Assured Guaranty’s 2013 proxy statement. 
 
Dominic J. Frederico
 
President and Chief Executive Officer, Assured Guaranty Ltd.
 
	
					
	Salary
	

	$950,000.00
	

	 

 
Robert A. Bailenson
 
Chief Financial Officer, Assured Guaranty Ltd.
 
	
					
	Salary
	

	$450,000.00
	

	 

Russell B. Brewer II

Chief Surveillance Officer, Assured Guaranty Ltd.   

	
					
	Salary
	

	$370,000.00
	

	 

James M. Michener
 
General Counsel, Assured Guaranty Ltd.
 
	
					
	Salary
	

	$475,000.00
	

	 

 
Robert B. Mills
 
Chief Operating Officer, Assured Guaranty Ltd.
 
	
					
	Salary
	

	$520,000.00
	

	 

 
•                  In addition to salary, the named executive officers will be eligible to be considered to receive cash bonuses for 2013 performance.
•                  The named executive officers will be eligible to be considered to receive grants in 2014 under Assured Guaranty’s long-term incentive plans for 2013 performance.
•                  In 2012, Mr. Frederico received a two-year grant of equity and was not considered for additional grants of equity in 2013.  
•                  In 2013, the named executive officers will receive other annual compensation and benefits, including employer contributions to retirement plans and perquisites provided under the Assured Guaranty Ltd. Perquisite Policy.

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