EYE » Topics » FUNDING TRIGGER ELEMENTS

These excerpts taken from the EYE 10-K filed Mar 3, 2008.

FUNDING TRIGGER ELEMENTS

 

75% - ADJUSTED OPERATING INCOME

      

25% - REVENUE

 

Performance Level

  

2008
Adj Op Range
Variance to
Target

   Funding %
to Adj Op
Target
    Plan
Funding
      

Performance Level

  

2008
Revenue Range
Variance to
Target

   Funding %
to Revenue

Target
    Plan
Funding
 

Below Threshold

   -33.01 mm    0 %   0.0 %      Below Threshold    -61.76 mm    0 %   0.0 %

Threshold

   -33.0 mm    50 %   37.5 %      Threshold    -61.75 mm    50 %   12.5 %

Tier 1

   -22.0 mm    90 %   67.5 %      Tier 1    -10.00 mm    95 %   23.8 %
   Target    100 %   75.0 %         Target    100 %   25.0 %

Maximum

   +33.0 mm    200 %   150.0 %      Maximum    +185.25 mm    200 %   50.0 %

If actual Adjusted Operating Income results fall

between the performance levels shown above, the

portion of bonus funding will be prorated accordingly.

 

 

 

    

If actual Revenue results fall between the Tiers shown

above, the portion of bonus funding will be prorated

accordingly.

 

 

 

 


 

FUNDING TRIGGER ELEMENTS

STYLE="font-size:18px;margin-top:0px;margin-bottom:0px"> 































































































































































75% - ADJUSTED OPERATING INCOME

     

25% - REVENUE

 

Performance Level

  

2008
Adj Op Range
Variance
to
Target

  Funding %
to Adj Op
Target
  Plan
Funding
     

Performance Level

  

2008
Revenue Range
Variance to
Target

  Funding %
to Revenue

Target
  Plan
Funding
 

Below Threshold

  -33.01 mm  0% 0.0%    Below Threshold  -61.76 mm  0% 0.0%

Threshold

  -33.0 mm  50% 37.5%    Threshold  -61.75 mm  50% 12.5%

Tier 1

  -22.0 mm  90% 67.5%    Tier 1  -10.00 mm  95% 23.8%
  Target  100% 75.0%      Target  100% 25.0%

Maximum

  +33.0 mm  200% 150.0%    Maximum  +185.25 mm  200% 50.0%

If actual Adjusted Operating Income results fall

ALIGN="center">between the performance levels shown above, the

portion of bonus funding will be
prorated accordingly.

 

 

STYLE="margin-top:0px;margin-bottom:1px"> 

    

If actual Revenue results fall between the Tiers shown

STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">above, the portion of bonus funding will be prorated

SIZE="2">accordingly.

 

 

STYLE="margin-top:0px;margin-bottom:1px"> 

 







 

This excerpt taken from the EYE 10-Q filed Aug 8, 2007.

FUNDING TRIGGER ELEMENTS

 

75% - ADJUSTED OPERATING INCOME       25% - REVENUE

Performance

Level

  2007 Adj Op
Range
Variance to
Target
  Funding %
to Adj Op
Target
  Plan
Funding
     

Performance

Level

  2007 Revenue
Range
Variance to
Target
 

Funding %
to Revenue

Target

  Plan
Funding

Threshold

  -5.84 mm   50%   31.875%       Threshold   -53.00 mm   50%   10.625%
                  Tier 1   -10.00 mm   95%    
    Target   100%   63.75%         Target   100%   21.25%
                  Tier 2   +10.00 mm   102%    

Maximum

  +5.83 mm   150%   95.625%     Maximum   +159.00 mm   150%   31.875%

If actual Adjusted Operating Income results fall

between the performance levels shown above, the

portion of bonus funding will be prorated accordingly.

     

If actual Revenue results fall between the Tiers shown

above, the portion of bonus funding will be prorated
accordingly.

 



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