Bonus Plan Sample Contracts

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2018 Boston Scientific Annual Bonus Plan Performance Period January 1 - December 31 November 2017 (November 17th, 2017)

Boston Scientific Corporation has established the Boston Scientific Corporation Annual Bonus Plan ("Plan"). As explained in detail below, the Plan basically works as follows. For each Performance Year, there is an Aggregate Bonus Pool, which is the sum of the bonus targets of all eligible participants. After the end of the Performance Year, the Committee determines the percentage of the pool that will be paid out as bonus for the year, based on the Company's performance as to Sales and Adjusted Earnings Per Share and its attainment of quality goals. The percentage will be between 50% and 150%. The payable portion of the pool is then separated into an Assigned Bonus Pool for each Business Group, Region and Unit, based on their performance as to their respective Scorecards. The Compensation Management System then allocates the Assigned Bonus Pools among the managers, who evaluate the performance of the participants under their management and determine, for each participant, the per

MiFi (Novatel Wireless, Inc) – 2017 (Second Half) Inseego Corporate Bonus Plan (November 7th, 2017)

Officers and employees ("Participants") of Inseego Corp. (the "Company") and its subsidiaries will be eligible for bonuses under the 2017 Corporate Bonus Plan, with target bonus amounts set as a percentage of base salary based on rank or job title within the Company (the "Bonus Awards"). Commissioned employees are not covered by the Plan and are instead covered by their commission plans.

Fiscal Year 2018 Officer Bonus Plan (November 7th, 2017)

The Personnel and Compensation Committee of the Board of Directors of Electromed, Inc. (the "Company") has established the Fiscal Year 2018 Officer Bonus Plan (the "Bonus Plan") for officers of the Company, including its named executive officers. The Bonus Plan is effective for the fiscal year ending June 30, 2018 and provides an opportunity for each participant to earn an annual cash bonus based on Company revenue growth versus the fiscal year ended June 30, 2017 (subject to achievement of threshold earnings before interest and taxes ("EBIT")). The committee has established target payouts of 50.0% and 30.0% of annual base salary for our Chief Executive Officer and Chief Financial Officer, respectively, under the Bonus Plan. The following summarizes the potential payments under the Bonus Plan:

scPharmaceuticals Inc. – Scpharmaceuticals Inc. Senior Executive Cash Incentive Bonus Plan (November 7th, 2017)
Five Prime Therapeutics, Inc. Annual Bonus Plan (November 6th, 2017)

Five Prime Therapeutics, Inc. ("FivePrime") has established this Annual Bonus Plan (the "Bonus Plan") to align employee performance with annual corporate and personal goals and objectives and to reward the achievement of corporate and personal goals during a plan year.

Global Annual Bonus Plan Summary of Terms (October 26th, 2017)
Gold Torrent Canada Inc – Gold Torrent, Inc. 2016 Stock Option and Stock Bonus Plan (October 25th, 2017)
WatchGuard, Inc. – Enforcement Video, LLC EBITDA Bonus Plan (October 19th, 2017)

Each of the following persons shall be entitled to receive a bonus equal to the specified percentage of EBITDA for each of the quarters ended March 31, 2016, June 30, 2016, September 30, 2016 and December 31, 2016:

SendGrid, Inc. – Sendgrid, Inc. Senior Executive Cash Incentive Bonus Plan (October 18th, 2017)
SendGrid, Inc. – SendGrid, Inc. 2016 VP Bonus Plan SendGrid, Inc. Confidential SendGrid, Inc. 2016 VP Bonus Plan (October 18th, 2017)

We believe it is important to tie our compensation to individual and company performance. The 2016 VP Bonus Plan (the Bonus Plan) provides an opportunity whereby certain employees (a Participant) may be eligible to receive a bonus (a Bonus) based on a combination of the Participants Individual Performance and the Companys Performance.

Fiscal 2018 Bonus Plan (October 17th, 2017)

This EMCORE Corporation Fiscal 2018 Bonus Plan (this "Bonus Plan") sets forth the terms of the fiscal 2018 annual incentive bonus opportunity for eligible employees of EMCORE Corporation (the "Corporation") selected to participate in this Bonus Plan (each, a "Participant").

Allena Pharmaceuticals, Inc. – Allena Pharmaceuticals, Inc. Senior Executive Cash Incentive Bonus Plan (October 6th, 2017)
CRACKER BARREL OLD COUNTRY STORE, INC. And SUBSIDIARIES FY 2018 ANNUAL BONUS PLAN (October 3rd, 2017)
Forescout Technologies, Inc – Summary of 2016 Bonus Plan (October 2nd, 2017)

The 2016 Bonus Plan (the "2016 Bonus Plan") of ForeScout Technologies, Inc. (the "Company") provides for cash bonuses payable semiannually based on the achievement of company performance goals and individual performance goals established by the Company's board of directors and compensation committee for fiscal 2016. The company performance goals and individual performance goals are measured over two, semiannual performance periods during 2016. For the fiscal 2016 performance period, with bonuses payable semiannually, a progress payment may become payable at the end of the first half of fiscal 2016, based on specified levels of achievement of the performance goals for such semiannual period. Any such bonus amount for the first half-portion of the year is capped at 100% of the participant's target bonus opportunity for such half-year. If the participant exceeds his or her performance goals for the first semiannual performance period, he or she will not receive more than 100% of his o

Forescout Technologies, Inc – Title: Employee Bonus Plan Summary Bonus Plan Effective Date: January 1, 2105 Performance Period: January 1, 2015 to December 31, 2015 (October 2nd, 2017)

The ForeScout Bonus Plan is designed to recognize and reward your contributions to the Company's success. It provides participants with incentive and reward for achieving Company goals during the year.

SendGrid, Inc. – Sendgrid, Inc. Senior Executive Cash Incentive Bonus Plan (September 27th, 2017)
Merchants Bancorp – Description of Bonus Plan for Scott A. Evans Director of Merchants and President and Co-Chief Operating Officer of Merchants Bank (September 25th, 2017)

Scott A. Evans, President and Co-Chief Operating Officer of Merchants Bank, as part of his compensation therefor, is eligible for an annual cash bonus not to exceed an amount equal to twenty percent (20%) of his base salary. This bonus is composed of five parts, with each part having a defined maximum percentage of the overall bonus.

Merchants Bancorp – Description of Bonus Plan for Michael Dunlap Director of Merchants and President and Co-Chief Operating Officer of Merchants Bank (September 25th, 2017)

Michael Dunlap, President and Co-Chief Operating Officer of Merchants Bank, as part of his compensation therefor, is eligible for an annual cash bonus not to exceed an amount equal to his base salary. This bonus is composed of two parts.

Deciphera Pharmaceuticals, Inc. – Deciphera Pharmaceuticals, Inc. Senior Executive Cash Incentive Bonus Plan (September 22nd, 2017)
Hamilton Beach Brands Holding Co – Hamilton Beach Brands Holding Company Supplemental Executive Long-Term Incentive Bonus Plan (September 18th, 2017)

Hamilton Beach Brands Holding Company (the Company) does hereby adopt this Hamilton Beach Brands Holding Company Supplemental Executive Long-Term Incentive Bonus Plan (the Plan) to be effective as of, and contingent upon, the Spin-Off Date, as such term is defined in the 2017 Separation Agreement between NACCO Industries, Inc. and Hamilton Beach Brands Holding Company (the Effective Date).

Restoration Hardware Holdings – Rh Cash Incentive Bonus Plan (September 7th, 2017)
Zai Lab Ltd – Zai Lab Limited 2017 Cash Bonus Plan (September 1st, 2017)
Replidyne, Inc. – Fiscal 2018 Executive Officer Bonus Plan and Equity Compensation (August 24th, 2017)

For the twelve month period ending June 30, 2018, each executive officer of Cardiovascular Systems, Inc. (the "Company") is eligible to receive cash incentive compensation pursuant to the Fiscal 2018 Executive Officer Bonus Plan (the "Bonus Plan") as follows:

SendGrid, Inc. – SendGrid, Inc. 2016 VP Bonus Plan SendGrid, Inc. Confidential SendGrid, Inc. 2016 VP Bonus Plan (August 21st, 2017)

We believe it is important to tie our compensation to individual and company performance. The 2016 VP Bonus Plan (the Bonus Plan) provides an opportunity whereby certain employees (a Participant) may be eligible to receive a bonus (a Bonus) based on a combination of the Participants Individual Performance and the Companys Performance.

Laureate Education – 2017-2018 Laureate Executive Cash Long Term Bonus Plan (August 8th, 2017)

This Long Term Bonus Plan ("LTB") is a performance-based incentive plan designed to maximize results in financial and business areas critical to the success of Laureate Education, Inc. (together with its affiliates and subsidiaries, the "Company") during the two-year period beginning January 1, 2017 and ending December 31, 2018 ("the Performance Period"). Bonuses will be earned if 1) the Company achieves or exceeds pre-determined goals based on the criteria described below and 2) the participant continues to be employed through the date that the bonus is paid.

Wells Fargo Bonus Plan (August 4th, 2017)

The purpose of the Wells Fargo Bonus Plan (the "Plan") is to motivate a select group of management, supervisory and individual contributors to achieve superior results for Wells Fargo & Company and its subsidiaries ("Wells Fargo"). The Plan is a discretionary incentive plan designed to provide Participants with incentive compensation opportunities that focus on individual accountability for appropriate risk management and full compliance with applicable laws and regulations, as well as individual and team contributions through the measurement of meaningful performance objectives that are consistent with Wells Fargo's corporate and business unit objectives.

Herman Miller, Inc. Executive Incentive Cash Bonus Plan (August 1st, 2017)
Description of Annual Incentive Bonus Plan for Fiscal 2018 (August 1st, 2017)

On June 29, 2017, the Board approved the Company's Annual Incentive Bonus Plan for fiscal year 2018. The plan provides its executive officers with the opportunity to earn annual cash bonuses based upon the achievement of pre-established performance goals. Total bonus opportunities will be based on achievement of annual targets. The plan provides for 50% of the bonus to be based on the achievement of quarterly objectives and 50% to be based on the achievement of annual objectives. Performance goals under the plan will be: revenue growth, earnings per share, operating profit, and return on invested capital targets at the Company level; and, additionally for certain executives, total sales, operating profit and new business wins and other business-specific business unit targets at the business unit level. The plan allows awards to provide for different metrics, target levels and weightings for different executives.

BT GROUP PLC BT GROUP DEFERRED BONUS PLAN as Approved by the Board on 14 April 2011 and Approved by Ordinary Resolution of Shareholders in General Meeting on 13 July 2011, and Amended by the Remuneration Committee on 9 July 2015 and on 25 October 2016. Expiry Date 13 July 2021 (July 28th, 2017)
Merchants Bancorp – Description of Bonus Plan for Scott A. Evans Director of Merchants and President and Co-Chief Operating Officer of Merchants Bank (July 27th, 2017)

Scott A. Evans, President and Co-Chief Operating Officer of Merchants Bank, as part of his compensation therefor, is eligible for an annual cash bonus not to exceed an amount equal to twenty percent (20%) of his base salary. This bonus is composed of five parts, with each part having a defined maximum percentage of the overall bonus.

Merchants Bancorp – Description of Bonus Plan for Michael Dunlap Director of Merchants and President and Co-Chief Operating Officer of Merchants Bank (July 27th, 2017)

Michael Dunlap, President and Co-Chief Operating Officer of Merchants Bank, as part of his compensation therefor, is eligible for an annual cash bonus not to exceed an amount equal to his base salary. This bonus is composed of two parts.

EA Bonus Plan Addendum FY18 Bonus Formula (July 11th, 2017)

Subject to all other terms and conditions of the EA Bonus Plan ("Plan")*, those Plan Participants who have been specifically identified by Electronic Arts Inc. (the "Company") as eligible to receive a discretionary bonus pursuant to the terms of this Addendum shall have such bonus determined as follows:

Carmax, Inc. Annual Performance-Based Bonus Plan (As Amended and Restated, Effective June 26, 2017) (June 29th, 2017)
Long-Term Cash Bonus Plan (June 27th, 2017)
Mersana Therapeutics, Inc. – Mersana Therapeutics, Inc. 2017 Cash Bonus Plan (June 16th, 2017)