SEC Contract Filing

Filing Date: 2015-03-17

Document Content:
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<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>v404721_ex10-3.htm
<DESCRIPTION>EXHIBIT 10.3
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.3</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FXCM INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ANNUAL INCENTIVE BONUS PLAN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FOR FOUNDER-DIRECTORS (2015-2016)</B></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD STYLE="text-align: justify"><U>Adoption and Purpose of the Plan</U>. FXCM Inc., a corporation organized and existing under
the laws of the State of Delaware (the &ldquo;<U>Company</U>&rdquo;), hereby adopts this FXCM Inc. Annual Incentive Bonus Plan
for Founder-Directors (2015-2016) (the &ldquo;<U>Plan</U>&rdquo;) to provide certain key employees of the Company and its affiliates
with additional incentives through the payment of cash bonuses based on the profitability of the Company and its affiliates, as
well as other key corporate performance metrics.</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2.</TD><TD STYLE="text-align: justify"><U>Effective Date</U>. The effective date of the Plan is March 11, 2015.</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3.</TD><TD STYLE="text-align: justify"><U>Administration</U>. The Plan shall be administered by the Company or its designee (which may
include the compensation committee of the board of directors of the Company) (the &quot;<U>Administrator</U>&quot;). Subject to
the express provisions of this Plan, the Administrator shall have full authority, in its sole discretion, to (a) interpret (including,
but not limited to, determining achievement of the performance measures and the resulting Annual Bonuses) and make changes to this
Plan and (b) make all other determinations deemed necessary or advisable for the administration of this Plan. Decisions of the
Administrator shall be final and binding on all persons, and shall be afforded the maximum deference permitted by law.</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">4.</TD><TD STYLE="text-align: justify"><U>Eligibility</U>. Each individual selected by the Administrator for participation in the Plan
for a Plan Year, as communicated in writing to such individual (each a &quot;<U>Participant</U>&quot;, and, collectively, the &quot;<U>Participants</U>&quot;),
shall be eligible to receive (subject to the terms hereof, including achievement of the objectives set forth below) an Annual Bonus
under the Plan for such Plan Year.</TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">5.</TD><TD STYLE="text-align: justify"><U>Annual Bonus</U>. For each of calendar year 2015 and 2016 (the &ldquo;<U>Plan Year</U>&rdquo;),
each Participant shall be entitled to receive a bonus (the &ldquo;<U>Annual Bonus</U>&rdquo;) based on a target amount equal to
200% of the Participant's base salary for the Plan Year (the &ldquo;<U>Target Bonus</U>&rdquo;).</TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">a.</TD><TD STYLE="text-align: justify">For the Plan Year ending December 31, 2015 (the &ldquo;<U>2015 Plan Year</U>&rdquo;), the Annual
Bonus shall be calculated as follows:</TD></TR></TABLE>

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<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">i.</TD><TD STYLE="text-align: justify">Fifty (50%) percent of the Target Bonus (the &ldquo;<U>2015 Individual Objective Portion</U>&rdquo;)
shall be earned if the Participant achieves each indiv