This excerpt taken from the VMED 8-K filed Apr 10, 2009.
Approval of the Virgin Media Inc. 2009 Bonus Scheme
On April 6, 2009, the compensation committee of the board of directors of Virgin Media Inc. (the Compensation Committee) approved the Companys 2009 bonus scheme (the 2009 Bonus Scheme) covering approximately half of the Companys employees, including the Companys named executive officers. The 2009 Bonus Scheme offers employees an opportunity to receive a bonus equal to a percentage of their base salary. The percentages range from 5 - 100% of base salary (depending on employee level) for on-target performance of a number of performance targets, with a potential maximum payment of double the on-target percentage. These percentages are subject to a further multiplier of up to 1.35 times depending on the employees individual personal performance during the year. The specific performance targets vary based on the relevant division and function. The performance metrics for the named executive officers measure: (i) cash flow; (ii) net present value of customers; (iii) customer satisfaction; (iv) fault rates; (v) employee engagement; (vi) achievement of various operational objectives; and (vii) operating cost controls. In order for any bonuses to be payable, the Company must first achieve a qualifying financial performance target. Bonuses, if due, will be paid on or around March 31, 2010. Payments made under the 2009 Bonus Scheme will be approved by the Compensation Committee.