Attached files
2015 | 2015 | ||||||||
CEO Executive Bonus | CFO Executive Bonus | ||||||||
Base Salary | Percent | $ 160,000.00 | Base Salary | Percent | $122,500.00 | ||||
Bonus potential | 20% | Bonus Potential | 20% | ||||||
1. EBITDA | 3% | 1. EBITDA | 3% | ||||||
Budgeted | 1% | $ 1,600.00 | Budgeted | 1% | $1,225.00 | ||||
plus 10% | 1% | $ 1,600.00 | plus 10% | 1% | $1,225.00 | ||||
plus 15% | 1% | $ 1,600.00 | plus 15% | 1% | $1,225.00 | ||||
2. Debt Service | 3% | 2. Debt Service | 3% | ||||||
Budget plus 5% | 1% | $ 1,600.00 | Budget plus 5% | 1% | $1,225.00 | ||||
plus 10% | 1% | $ 1,600.00 | plus 10% | 1% | $1,225.00 | ||||
plus 15% | 1% | $ 1,600.00 | plus 15% | 1% | $1,225.00 | ||||
3. Compliance | 1% | $1,600.00 | 3. Compliance | 1% | |||||
SEC Audit Reporting | 1% | $1,225.00 | |||||||
4. Operations/Yield | 1% | 4. Financial Reports | 1% | ||||||
2.88 | 0.5% | $ 800.00 | Monthly On Time | 0.5% | $612.50 | ||||
2.89 | 0.5% | $ 800.00 | Quarterly | 0.5% | $612.50 | ||||
5. Grain Procurement Signed 10/31 | 2% | $ 3,200.00 | 5. Grain Procurement Signed by 10/31 | 2% | $2,450.00 | ||||
6. Income | 6. Income | ||||||||
Net Income Portion | Profitability | Net Income Portion | Profitability | ||||||
Net Income {Book} | Percent 10% | Net Income {Book} | Percent 10% | ||||||
$3.0 - $3.5 MM | 1% | $ 1,600.00 | $3.0 - $3.5 MM | 1% | $1,225.00 | ||||
$3.5 - $4.0 MM | 1% | $ 1,600.00 | $3.5 - $4.0 MM | 1% | $1,225.00 | ||||
$4.0- $4.5 MM | 1% | $ 1,600.00 | $4.0- $4.5 MM | 1% | $1,225.00 | ||||
$4.5 - $5.0 MM | 1% | $ 1,600.00 | $4.5 - $5.0 MM | 1% | $1,225.00 | ||||
$5.0 - $5.5 MM | 1% | $ 1,600.00 | $5.0 - $5.5 MM | 1% | $1,225.00 | ||||
$5.5 - $6.0 MM | 1% | $ 1,600.00 | $5.5 - $6.0 MM | 1% | $1,225.00 | ||||
$6.0 - $6.5 MM | 1% | $ 1,600.00 | $6.0 - $6.5 MM | 1% | $1,225.00 | ||||
$6.5 - $7.0 MM | 1% | $ 1,600.00 | $6.5 - $7.0 MM | 1% | $1,225.00 | ||||
$7.0 - $ 7.5 MM | 1% | $ 1,600.00 | $7.0 - $ 7.5 MM | 1% | $1,225.00 | ||||
$7.5 - $8.0 MM | 1% | $ 1,600.00 | $7.5 - $8.0 MM | 1% | $1,225.00 | ||||
$ 32,000.00 | $24,500.00 |