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2009 Corporate Bonus Plan
Summary
The following is a
summary of key terms of SuccessFactors’ 2009 Corporate Bonus
Plan. This plan does not cover personnel under sales commission or
other commission-based plans.
The total bonus
pool under the plan for 2009 would be based on achievement of
various performance targets. 50% of the total bonus pool would be
funded based on achievement of performance targets based on
bookings, operating cash flow and renewals. These performance
targets would vary on a sliding scale basis, corresponding to
payout multipliers ranging from 75% to 130% of the target
payout.
The remaining 50%
of the total bonus pool would be funded based on achievement of
quarterly performance targets based on bookings and cash flow, with
12.5% of the total bonus pool being the target payout for each
quarter. These quarterly performance targets would vary on a
sliding scale basis, corresponding to payout multipliers ranging
from 80% to 130% of the target payout.
Any bonus would be
paid after the completion of the year. Employees must be
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