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2009 INCENTIVE COMPENSATION
PLAN
FOR SECTION 16 OFFICERS
The 2009
Incentive Compensation Plan for Section 16 Officers (the
“ Plan ”) is a cash bonus plan in which
executives of Coinstar, Inc. (the “ Company ”)
who are subject to Section 16 of the Securities Exchange Act
of 1934 are eligible to participate. The Plan provides
discretionary cash bonuses based on the achievement of goals
relating to the performance of the Company, the management
team’s performance and individual performance. The
performance period for the Plan is January 1, 2009 to
December 31, 2009 (the “ Performance Period
”).
The
Compensation Committee of the Company’s Board of Directors
(the “ Compensation Committee ”) administers the
Plan. The Compensation Committee, in its sole discretion, selects
the individuals who will participate in the Plan and the actual
bonus (if any) payable to each participant. The target bonus for
each participant is determined as a percentage of such
participant’s base salary, ranging from 30% to 60%, as
determined by the Compensation Committee in its sole discretion
(the " Target Bonus ”).
Payout under
the Plan will be determined as follows:
1. Eighty
percent (80%) will be based on the Compensation Committee’s
discretion after evaluating the Company’s achievement of the
following performance measures:
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Performance Measure
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Minimum Goal Range
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Weighting
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Earnings Before Interest, Tax,
Depreciation and Amortization (EBITDA)
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$185M-$195M
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50.0
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%
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$1.2B-$1.3B
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50.0
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%
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In the sole
discretion of the Compensation Committee, once the minimum of the
range is achieved for a particular performance measure,
participants under the Plan may receive between 0% and 200% of the
portion of the Target Bonus applicable to that performance measure,
based on the applicable weighting for that performance
measure.
The minimum
goal ranges above exclude the effects of any acquisitions
co
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