Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Cartesian, Inc. | tmng-form8k.htm |
| EX-99.1 - EXHIBIT 99.1 - PRESS RELEASE - Cartesian, Inc. | tmng-ex991.htm |
Exhibit 10.1
The Management Network Group, Inc.
2012 Executive Incentive Compensation Plan
The following is a description of the executive incentive compensation plan for fiscal year 2012 adopted by the independent members of the Board of Directors of The Management Network Group, Inc.:
The amount, if any, of the bonus pool for fiscal year 2012 (the "Payout Amount") will be determined as follows:
|
2012 Non-GAAP EBITDA (Post-Bonus) Exceeds1
|
Payout Amount
|
|
|
$2,750,000
|
$450,000
|
|
|
$3,025,000
|
$575,000
|
|
|
$3,300,000
|
$700,000
|
|
|
$3,630,000
|
$770,000
|
|
|
$3,970,000
|
$830,000
|
|
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$4,310,000
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$890,000
|
|
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Payout Amount is capped at $890,000
|
Eligible Participants: President, Chief Executive Officer and Chief Financial Officer; Vice President and Controller; General Counsel; Vice President of Human Resources; Chief Knowledge Officer; Chief Technology Officer; Senior Vice President and Managing Director of CSMG; Managing Director of EMEA; Head of Business Development of EMEA; Senior Vice President of Broadband and Cable; and Senior Vice President of Carrier Operations.
The distribution of the Payout Amount, if any, among the Eligible Participants will be determined by the Compensation Committee and/or independent directors.
1 Non-GAAP EBITDA excludes non-cash charges and extraordinary one-time items approved by the Compensation Committee.