Document:

EX-10.41

 Exhibit 10.41 

 
 

 
  

			
	To:	 	Steven M. Stangl
	From:	 	West Corporation Compensation Committee
	Date:	 	February 14, 2012
		
	Re:	 	Exhibit A

  
  
 This Exhibit A for 2012 is entered into pursuant to your Employment Agreement. 
  

	1.	Your base salary will be $500,000. 

  

	2.	Effective January 1, 2012, you will be eligible to receive a bonus based on achieving the Communication Services segment net operating Income before corporate
allocations and before amortization at the rates outlined below (“NOI Bonus”). 

  

			
	 Net Operating Income Before

Corporate Allocations and Before Amortization
	  	Rate
	 $0 - $183,360,000
	  	0.2726%
	 Over $183,360,000
	  	2.00%

  

	3.	A maximum of 75% of the pro-rata portion of the NOI Bonus may be advanced quarterly. If any portion of the bonuses is advanced, it will be paid within thirty
(30) days from the end of the quarter. 100% of the total bonuses earned will be paid no later than February 28, 2013. In the event there is a negative calculation at the end of any quarter and a pro-rata portion of any bonus has been
advanced in a previous quarter, “loss carry forward” will result and be applied to the next quarterly or year-to-date calculation. An NOI Bonus may be applied to satisfy any loss carry forward as a result of a Revenue Bonus advance. In the
event that at the end of the year, or upon your termination if earlier, the aggregate amount of the bonuses which have been advanced exceeds the amount of bonus that otherwise would have been payable for 2012 (in the absence of advances) based on
the performance during 2012 (or, in the case of your termination, based on the performance during 2012 and the projection for performance for the balance of 2012 as of your termination date), then the amount of such excess may, in the discretion of
the Compensation Committee, either (i) result in a “loss carry forward” which shall be applied to the quarterly or year-to-date calculation of bonuses, salary, severance, consulting fees and/or other amounts payable in subsequent
periods, or (ii) be required to be paid back to the company upon such request. 

  

	4.	In addition, if West Corporation achieves its 2012 publicly stated EBITDA guidance, you will be eligible to receive an additional one-time bonus of $100,000. This bonus
is not to be combined or netted together with any other bonus set forth in this agreement. 

  

	5.	All objectives are based upon West Corporation and the Communication Services segment operations, and will not include income derived from other mergers, acquisitions,
joint ventures, stock buy backs or other non-operating income unless specifically and individually approved by West Corporation’s Compensation Committee. 

 

	6.	At the discretion of the Compensation Committee, you may receive an additional bonus based on the Company’s and your individual performance.

  

			
		
		 	/s/ Steven M. Stangl
		 	Employee – Steven M. StanglEX-10.42

 Exhibit 10.42 

 
 

 
  

			
	To:	  	Tom Barker
	From:	  	West Corporation Compensation Committee
	Date:	  	February 14, 2012
		
	Re:	  	Exhibit A

  
 This Exhibit A for
2012 is entered into pursuant to your Employment Agreement. 
  

	1.	Your base salary at the beginning of the year will be $900,000. Your base salary will be increased to $1 million / year effective July 1, 2012.

  

	2.	Effective January 1, 2012, you will be eligible to receive a bonus based upon West Corporation’s consolidated EBITDA for the year. Your bonus shall be earned
in three tranches. Tranche 1 will be earned pro-rata for each dollar of 2012 consolidated EBITDA up to $670.3 million. Tranche 2 will be earned pro-rata for each dollar of 2012 consolidated EBITDA greater $670.3 million but equal to or less than
$687.1 million. Tranche 3 will be earned if 2012 consolidated EBITDA is greater than $687.1 million. The bonus calculation for each tranche is outlined below. 

 

			
		  	Bonus / Million of EBITDA
	 Tranche 1
	  	$1,492
	 Tranche 2
	  	$59,524
	 Tranche 3
	  	$43,668

 A maximum of 75% of the estimated pro-rata portion of the Bonus earned for Tranches 1 and 2 may be
advanced quarterly. If any portion of the bonuses is advanced, it will be paid within thirty (30) days from the end of the quarter. 100% of the total bonuses earned will be paid no later than February 28, 2013. In the event there is a
negative calculation at the end of any quarter and a pro-rata portion of any bonus has been advanced in a previous quarter, a “loss carry forward” will result and be applied to the next quarterly or year-to-date calculation. In the event
that at the end of the year, or upon your termination if earlier, the aggregate amount of the bonuses which have been advanced exceeds the amount of bonus that otherwise would have been payable for 2012 (in the absence of advances) based on the
performance during 2012 (or, in the case of your termination, based on the performance during 2012 and the projection for performance for the balance of 2012 as of your termination date pursuant to your Employment Agreement), then the amount of such
excess may, in the discretion of the Compensation Committee, either (i) result in a “loss carry forward” which shall be applied to the quarterly or year-to-date calculation of bonuses, salary, severance, consulting fees and/or other
amounts payable in subsequent periods, or (ii) be required to be paid back to the company upon such request. 
 All objectives are based on West Corporation’s consolidated operations and will not include EBITDA from mergers, acquisitions, joint ventures, stock buy backs or other non-operating income unless
specifically and individually approved by West Corporation’s Compensation Committee. 
  

	3.	At the discretion of the Compensation Committee, you may receive an additional bonus based on the Company’s and your individual performance.

  

	
	/s/ Tom Barker
	Employee – Tom BarkerEX-10.43

 Exhibit 10.43 

 
 

 
  

			
	To:	 	Nancee R. Berger
	From:	 	West Corporation Compensation Committee
	Date:	 	February 14, 2012
		
	Re:	 	Exhibit A

  
  
 This Exhibit A for 2012 is entered into pursuant to your Employment Agreement. 
  

	1.	Your base salary at the beginning of the year will be $600,000. Your base salary will be increased to $660,000 / year effective July 1, 2012.

  

	2.	Effective January 1, 2012, you will be eligible to receive a bonus based upon West Corporation’s consolidated EBITDA for the year. Your bonus shall be earned
in three tranches. Tranche 1 will be earned pro-rata for each dollar of 2012 consolidated EBITDA up to $670.3 million. Tranche 2 will be earned pro-rata for each dollar of 2012 consolidated EBITDA greater $670.3 million but equal to or less than
$687.1 million. Tranche 3 will be earned if 2012 consolidated EBITDA is greater than $687.1 million. The bonus calculation for each tranche is outlined below. 

 

			
		  	Bonus / Million of EBITDA
	Tranche 1	  	$1,044
	Tranche 2	  	$41,667
	Tranche 3	  	$30,568

 A maximum of 75% of the estimated pro-rata portion of the Bonus earned for Tranches 1 and 2 may be
advanced quarterly. If any portion of the bonuses is advanced, it will be paid within thirty (30) days from the end of the quarter. 100% of the total bonuses earned will be paid no later than February 28, 2013. In the event there is a
negative calculation at the end of any quarter and a pro-rata portion of any bonus has been advanced in a previous quarter, a “loss carry forward” will result and be applied to the next quarterly or year-to-date calculation. In the event
that at the end of the year, or upon your termination if earlier, the aggregate amount of the bonuses which have been advanced exceeds the amount of bonus that otherwise would have been payable for 2012 (in the absence of advances) based on the
performance during 2012 (or, in the case of your termination, based on the performance during 2012 and the projection for performance for the balance of 2012 as of your termination date pursuant to your Employment Agreement), then the amount of such
excess may, in the discretion of the Compensation Committee, either (i) result in a “loss carry forward” which shall be applied to the quarterly or year-to-date calculation of bonuses, salary, severance, consulting fees and/or other
amounts payable in subsequent periods, or (ii) be required to be paid back to the company upon such request. 
 All
objectives are based on West Corporation’s consolidated operations and will not include EBITDA from mergers, acquisitions, joint ventures, stock buy backs or other non-operating income unless specifically and individually approved by West
Corporation’s Compensation Committee. 
  

	3.	At the discretion of the Compensation Committee, you may receive an additional bonus based on the Company’s and your individual performance.

  

	
	
	/s/ Nancee Berger
	Employee – Nancee BergerEX-10.44

 Exhibit 10.44 

 
 

 
  

	To:	Paul M. Mendlik 

	From:	West Corporation Compensation Committee 

	Date:	February 14, 2012 

  

	Re:	Exhibit A 

  

This Exhibit A for 2012 is entered into pursuant to your Employment Agreement. 

 

	1.	Your base salary will be $480,000. 

  

	2.	Effective January 1, 2012, you will be eligible to receive a bonus based upon West Corporation’s consolidated EBITDA for the year. Your bonus shall be earned
in three tranches. Tranche 1 will be earned pro-rata for each dollar of 2012 consolidated EBITDA up to $670.3 million. Tranche 2 will be earned pro-rata for each dollar of 2012 consolidated EBITDA greater $670.3 million but equal to or less than
$687.1 million. Tranche 3 will be earned if 2012 consolidated EBITDA is greater than $687.1 million. The bonus calculation for each tranche is outlined below. 

 

			
		  	Bonus / Million of EBITDA
	 Tranche 1
	  	$336
	 Tranche 2
	  	$13,393
	 Tranche 3
	  	$9,825

 A maximum of 75% of the estimated pro-rata portion of the Bonus earned for Tranches 1 and 2 may be
advanced quarterly. If any portion of the bonuses is advanced, it will be paid within thirty (30) days from the end of the quarter. 100% of the total bonuses earned will be paid no later than February 28, 2013. In the event there is a
negative calculation at the end of any quarter and a pro-rata portion of any bonus has been advanced in a previous quarter, a “loss carry forward” will result and be applied to the next quarterly or year-to-date calculation. In the event
that at the end of the year, or upon your termination if earlier, the aggregate amount of the bonuses which have been advanced exceeds the amount of bonus that otherwise would have been payable for 2012 (in the absence of advances) based on the
performance during 2012 (or, in the case of your termination, based on the performance during 2012 and the projection for performance for the balance of 2012 as of your termination date pursuant to your Employment Agreement), then the amount of such
excess may, in the discretion of the Compensation Committee, either (i) result in a “loss carry forward” which shall be applied to the quarterly or year-to-date calculation of bonuses, salary, severance, consulting fees and/or other
amounts payable in subsequent periods, or (ii) be required to be paid back to the company upon such request. 
 All
objectives are based on West Corporation’s consolidated operations and will not include EBITDA from mergers, acquisitions, joint ventures, stock buy backs or other non-operating income unless specifically and individually approved by West
Corporation’s Compensation Committee. 
  

	3.	At the discretion of the Compensation Committee, you may receive an additional bonus based on the Company’s and your individual performance.

  

	
	/s/ Paul M. Mendlik
	Employee – Paul M. Mendlik

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