Attached files
file | filename |
---|---|
10-K - 10-K - ENERNOC INC | a2196609z10-k.htm |
EX-10.4 - EX-10.4 - ENERNOC INC | a2196609zex-10_4.htm |
EX-10.3 - EX-10.3 - ENERNOC INC | a2196609zex-10_3.htm |
EX-10.18 - EX-10.18 - ENERNOC INC | a2196609zex-10_18.htm |
EX-10.20 - EX-10.20 - ENERNOC INC | a2196609zex-10_20.htm |
EX-10.19 - EX-10.19 - ENERNOC INC | a2196609zex-10_19.htm |
EX-32.1 - EX-32.1 - ENERNOC INC | a2196609zex-32_1.htm |
EX-23.1 - EX-23.1 - ENERNOC INC | a2196609zex-23_1.htm |
EX-21.1 - EX-21.1 - ENERNOC INC | a2196609zex-21_1.htm |
EX-31.2 - EX-31.2 - ENERNOC INC | a2196609zex-31_2.htm |
EX-31.1 - EX-31.1 - ENERNOC INC | a2196609zex-31_1.htm |
Exhibit 10.23
EnerNOC, Inc.
Summary of 2010 Executive Officer Bonus Plan
The Companys executive officers have the following bonus targets (expressed as a percentage of salary unless otherwise stated):
Name and Position |
|
Target Bonus (%) |
Timothy G. Healy |
|
100% |
|
|
|
David B. Brewster |
|
75% |
|
|
|
David M. Samuels |
|
70% |
|
|
|
Timothy Weller |
|
65% |
|
|
|
Darren P. Brady |
|
50% |
|
|
|
Gregg M. Dixon |
|
115% |
|
|
|
Kevin Bligh |
|
30% |
Each executive officers 2010 bonus amount (the Bonus Amount) will be determined based upon the achievement of certain pre-determined individual and corporate performance objectives. Specifically, each executive officers Bonus Amount will be weighted as follows: 80% will be based on the Companys achievement of certain revenue, gross profit, net income (loss) and cash flow targets applicable to 2010, which targets have been set by the Board, and 20% will be discretionary based on the achievement of individual or departmental performance goals (the Discretionary Bonus Amount) The Discretionary Bonus Amount will be recommended by the Companys chief executive officer, except in the case of the Companys chief executive officer, whose Discretionary Bonus Amount will be based on the recommendation of the compensation committee of the board of directors. The bonuses will be paid within 90 days of the determination of the Bonus Amounts. Actual Bonus Amounts may be higher or lower than the executives bonus target.