Executive Bonus Plan Sample Contracts

ELECTRONIC ARTS INC. EXECUTIVE BONUS PLAN as Amended on May 16, 2018 Effective April 1, 2018 (May 18th, 2018)

Purpose. The purpose of this Plan is to provide certain employees of the Company and its subsidiaries with incentive compensation based upon the level of achievement of financial, business and other performance criteria.

MARKEL CORPORATION EXECUTIVE BONUS PLAN Effective February 23, 2015 as Amended and Restated Effective May 14, 2018 (May 17th, 2018)
Pluralsight, Inc. – 2018 Executive Bonus Plan (April 16th, 2018)

In December 2017, our board of directors adopted an Executive Bonus Plan for 2018, which we refer to as the 2018 Bonus Plan. Our named executive officers are participants in the 2018 Bonus Plan. The 2018 Bonus Plan provides for non-equity incentive compensation based upon the combined achievement of billings and free cash flow targets in 2018, which we refer to as the financial goal.

1st Franklin Financial – 1st Franklin Financial Corporation Executive Bonus Plan: 2018 (March 30th, 2018)

As we analyze the results from 2017, and review the budget set for 2018 and weigh in the economic forecast for the year, we recognize the need today, more than ever, to balance short-term results - growth and profit, with long-term positioning - new product development and improved systems. This balance is expected to provide the foundation that remains critical for the future success of the Company.

Aquantia Corp – 2017 Executive Bonus Plan (March 7th, 2018)

This plan supersedes any and all other Executive Bonus programs, whether oral or written. It may not be altered or amended except in writing as agreed to by the CEO and the CFO. Nothing in this Plan will be interpreted as guaranteeing any period of employment or otherwise interfering with AQUANTIA's right to terminate any employee. Furthermore, payment under this plan does not necessarily mean that the job performance is satisfactory.

The Progressive Corporation 2007 Executive Bonus Plan (February 27th, 2018)

This 2007 Executive Bonus Plan (the "Plan") provides, in whole or in part, the annual bonus component of Progressive's executive compensation program for Plan participants.

Alarm.com Holdings, Inc. – 2018 Executive Bonus Plan (February 26th, 2018)
Corporate Executive Bonus Plan the Charles Schwab Corporation Corporate Executive Bonus Plan (As Amended and Restated as of February 23, 2005) (Approved by Stockholders on May 19, 2005) (Amended and Restated December 12, 2007) (Amended and Restated October 23, 2008) (Amended and Restated December 9, 2009) (Approved by Stockholders on May 13, 2010) (Amended and Restated January 29, 2015) (Approved by Stockholders on May 13, 2015) (Amended and Restated December 13, 2017, Effective March 1, 2018) (February 22nd, 2018)
Senomyx 2018 Executive Bonus Plan (February 16th, 2018)

The Senomyx 2018 Executive Bonus Plan (the "Bonus Plan") has been designed to align plan participants with the goals and business strategy of Senomyx, Inc. ("Senomyx" or "the Company"). This Bonus Plan is an important part of the Company's commitment to recognize employees who contribute significantly to successful company performance and attainment of important business results. Specifically, the objectives of the Bonus Plan are as follows:

Pluralsight, Inc. – 2018 Executive Bonus Plan (February 2nd, 2018)

In December 2017, our board of directors adopted an Executive Bonus Plan for 2018, which we refer to as the 2018 Bonus Plan. Our named executive officers are participants in the 2018 Bonus Plan. The 2018 Bonus Plan provides for non-equity incentive compensation based upon the combined achievement of billings and free cash flow targets in 2018, which we refer to as the financial goal.

Executive Bonus Plan (November 29th, 2017)

This Plan is established to provide a further incentive to selected executives to promote the success of Semtech Corporation and its Subsidiaries by providing an opportunity to receive additional compensation based on performance as set forth herein, to link those executives' compensation opportunities to performance, and to facilitate the Company's ability to attract, retain and motivate top executive talent.

Precision Aerospace Components, Inc. – 2017-2019 Amerinac Holding Corp. Executive Bonus Plan (November 15th, 2017)

The bonus plan shall be subject to, and governed by, the terms of the Amerinac Holding Corp. 2017 Equity Incentive Plan (or a successor plan intended to qualify under Section 162(m) of the Internal Revenue Code of 1986, as amended).

Ehealth – Ehealth, Inc. Executive Bonus Plan (November 7th, 2017)
Costco Wholesale Corporation Executive Bonus Plan (October 31st, 2017)

For fiscal year 2018, executive officers are, depending upon the individual, eligible for a bonus award of up to approximately $200,000. The final bonus amounts are subject to the approval of the Compensation Committee.

Aquantia Corp – 2016 Executive Bonus Plan (October 6th, 2017)

This plan supersedes any and all other Executive Bonus programs, whether oral or written. It may not be altered or amended except in writing as agreed to by the CEO and the CFO. Nothing in this Plan will be interpreted as guaranteeing any period of employment or otherwise interfering with AQUANTIAs right to terminate any employee. Furthermore, payment under this plan does not necessarily mean that the job performance is satisfactory.

APPLIED MATERIALS, INC. SENIOR EXECUTIVE BONUS PLAN (March 9, 2017 Restatement) (May 25th, 2017)
Ehealth – Executive Bonus Plan (May 5th, 2017)
2017 Executive Bonus Plan (May 4th, 2017)

This plan document outlines the Blucora Executive Bonus Plan (the "Plan") for calendar year 2017. To the extent any provision of this Plan conflicts with any provision of an Executive's employment agreement, then such employment agreement will control.

2017 Executive Bonus Plan (May 2nd, 2017)

The purpose of this Plan is to promote the success of the Company by providing to participating executives cash incentives based on achievement of critical strategic, tactical and financial goals.

Cadence Bancorporation – Cadence Bancorporation Executive Bonus Plan (April 18th, 2017)
Energy Focus, Inc. – Energy Focus, Inc. Executive Bonus Plan (April 17th, 2017)

The Energy Focus, Inc. Executive Bonus Plan (or the "Plan") is designed to provide an effective means to motivate and compensate eligible executive officers, on an annual basis, by providing for an award based on the achievement of business and individual performance objectives achieved throughout the year commencing on January 1 and ending on December 31 of each year ("Plan Year"). This Plan is intended to be the Company's primary method of granting annual bonuses to its executive-level "officers", as defined under Rule 16a-1 of the Securities Exchange Act ("Officers"). However, the Company may, in certain circumstances, grant bonuses outside of this Plan, in the sole discretion of the Board of Directors ("Board") or the Compensation Committee of the Board (the "Compensation Committee").

1st Franklin Financial – 1st Franklin Financial Corporation Executive Bonus Plan: 2017 (March 31st, 2017)

As we analyze the results from 2016, and review the budget set for 2017 and weigh in the economic forecast for the year, we recognize the need today, more than ever, to balance short-term results - growth and profit, with long-term positioning - new product development and improved systems. This balance is expected to provide the foundation that remains critical for the future success of the Company.

Executive Bonus Plan (March 23rd, 2017)

This Plan is established to provide a further incentive to selected executives to promote the success of Semtech Corporation and its Subsidiaries by providing an opportunity to receive additional compensation based on performance as set forth herein, to link those executives' compensation opportunities to performance, and to facilitate the Company's ability to attract, retain and motivate top executive talent.

Cadence Bancorporation – Form of Cadence Bancorporation Executive Bonus Plan (March 17th, 2017)
Senior Executive Bonus Plan (March 15th, 2017)

The purposes of the Herc Holdings Inc. Senior Executive Bonus Plan (the "Plan") are (i) to compensate certain members of senior management of the Company on an individual basis for significant contributions to the Company and its subsidiaries and (ii) to stimulate the efforts of such members by giving them a direct financial interest in the performance of the Company. The Plan is an amendment and restatement of the Hertz Global Holdings, Inc. Senior Executive Bonus Plan, which was approved by the stockholders of the Company (formerly known as Hertz Global Holdings, Inc.) on May 27, 2010.

Presidio, Inc. – Presidio, Inc. Executive Bonus Plan (March 15th, 2017)
Five9, Inc. 2017 Executive Bonus Plan (February 28th, 2017)

On February 9, 2017, the Compensation Committee of the Board of Directors (the "Compensation Committee") of Five9, Inc. (the "Company") approved performance targets for the year ending December 31, 2017 that will be used to determine the amount of cash bonus awards that may be earned, on a quarterly basis, by the Company's Section 16 officers pursuant to the Company's 2017 bonus program (the "2017 Bonus Program").

Alarm.com Holdings, Inc. – 2017 Executive Bonus Plan (February 28th, 2017)
Senomyx 2017 Executive Bonus Plan (February 24th, 2017)

The Senomyx 2017 Executive Bonus Plan (the "Bonus Plan") has been designed to align plan participants with the goals and business strategy of Senomyx, Inc. ("Senomyx" or "the Company"). This Bonus Plan is an important part of the Company's commitment to recognize employees who contribute significantly to successful company performance and attainment of important business results. Specifically, the objectives of the Bonus Plan are as follows:

Presidio, Inc. – Presidio, Inc. Form of Executive Bonus Plan (February 16th, 2017)
2017 Executive Bonus Plan (February 8th, 2017)

This plan document outlines the Blucora Executive Bonus Plan (the "Plan") for calendar year 2017. To the extent any provision of this Plan conflicts with any provision of an Executive's employment agreement, then such employment agreement will control.

CBS Radio Inc. – Cbs Radio Inc. Form of Executive Bonus Plan (December 23rd, 2016)
Costco Wholesale Corporation Executive Bonus Plan (November 3rd, 2016)

For fiscal year 2017, executive officers are, depending upon the individual, eligible for a bonus award of up to approximately $200,000. The final bonus amounts are subject to the approval of the Compensation Committee.

Aspen Technology, Inc. FY17 Executive Bonus Plan for [Name] (October 27th, 2016)

The purpose of the Executive Bonus Plan is to motivate and reward eligible participants for achieving Aspen Technology, Inc.'s financial and operational objectives.

PICO Holdings Inc. – October 10, 2016 Re: PICO Holdings, Inc. Executive Bonus Plan Ladies and Gentlemen, (October 12th, 2016)

Maxim C.W. Webb and John T. Perri (collectively, the "Executives") are "Participants" in the PICO Holdings, Inc. Executive Bonus Plan (the "Bonus Plan"). The Executives are aware that the Board of Directors of PICO Holdings, Inc. (the "Board") and the Compensation Committee of the Board intend to modify the terms of the Bonus Plan (the "Bonus Plan Changes"). In light of the Bonus Plan Changes, and for other good and valid consideration, the receipt of which is hereby acknowledged, each Executive hereby agrees as follows: