EMC » Topics » 2007 Customer Operations Profit Contribution Plan and 2007 CMA Revenue and Profit Contribution Plan

This excerpt taken from the EMC DEF 14A filed Apr 10, 2008.

2007 Customer Operations Profit Contribution Plan and 2007 CMA Revenue and Profit Contribution Plan

 

Mr. DeWalt participated in the Customer Operations Profit Contribution Plan and the CMA Revenue and Profit Contribution Plan for the first quarter of 2007. Mr. DeWalt’s target annual bonus opportunity under each plan was $125,000. Under each plan, Mr. DeWalt was eligible to receive an advance of up to 25% of his target annual bonus opportunity for each of the first three quarters of 2007 if quarterly revenue and/or profit contribution targets were achieved. Mr. DeWalt was paid his quarterly target bonus of $31,250 under each plan in connection with his departure from EMC.

 

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