EX-10.2
from 10-Q
8 pages
1.purpose. the Purpose of the Plan Is to Provide Employees of the Company and Its Designated Subsidiaries With an Opportunity to Purchase Common Stock of the Company Through Accumulated Payroll Deductions or a Cash Contribution, if Applicable. This Plan Includes Two Components: A Code Section 423 Plan Component and a Non-423 Plan Component. It Is the Intention of the Company to Have the Code Section 423 Plan Component Qualify as an “Employee Stock Purchase Plan” Under Section 423 of the Code and the Provisions of the Plan With Respect to the Code Section 423 Component, Accordingly, Shall Be Construed So as to Extend and Limit Participation in a Manner Consistent With the Requirements of That Section of the Code. in Addition, This Plan Authorizes the Grant of Options Under the Non-423 Plan Component That Do Not Qualify Under Section 423 of the Code, Pursuant to the Rules, Procedures or Sub-Plans Adopted by the Administrator That Are Designed to Achieve Tax, Securities Laws or Other Objectives for Employees and/or the Company. Except as Otherwise Indicated, the Non-423 Plan Component Will Operate and Be Administered in the Same Manner as the Code Section 423 Plan Component. 2. Definitions
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EX-10.1
from 10-Q
6 pages
•annualized Base $525,000 Per Year, Payable Biweekly in Accordance With Our Standard Payroll Practices and Less Applicable Tax Withholding. Salary •annual Incentive 80% of Your Annual Base Salary, or $420,000, at Target Performance, Subject to the Terms of the Plantronics, Inc. Annual Incentive Plan (“Aip”). Plan the Purpose of the Aip Is to Focus Participants on Achieving Annual Company-Wide Financial Performance Goals as Well as Product Group, Segment, or Functional Objectives and Individual Performance Goals, as Determined by the Company’s Leadership Development and Compensation Committee (“LD&C Committee”) From Time to Time, by Providing the Opportunity to Receive Annual Cash Payments Based on Accomplishments of Those Goals During the Year. •target Total Cash Up to $945,000 Per Year Based on the Compensation Elements Shown Above Assuming at Target Performance. There Is No Guarantee That Total Cash Compensation Will Be Achieved. Compensation •signing Bonus the Company Is Advancing You a Signing Bonus of $200,000, Less Applicable Deductions and Withholdings (The “Signing Bonus”)
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EX-10.2
from 10-Q
7 pages
•board You Will Be Appointed to Serve as a Member of the Board Effective as of the Start Date. Thereafter, at Each Annual Meeting of the Company's Stockholders While You Are the Company's President and Chief Executive Officer Upon Which Your Term as a Board Member Is Scheduled to Expire, the Company Will Nominate You to Serve as a Member of the Board. Your Continued Service as a Member of the Board Will Be Subject to Any Required Stockholder Approval. Upon the Termination of Your Employment for Any Reason, Unless Otherwise Requested by the Board, You Will Be Deemed to Have Resigned From the Board (And All Other Positions Held at the Company and Its Affiliates) Voluntarily, Without Any Further Required Action by You, as of the End of Your Employment and You, at the Board's Request, Will Execute Any Documents Necessary to Reflect Your Resignation. Membership •annualized Base $800,000 Per Year, Payable Biweekly in Accordance With Our Standard Payroll Practices and Less Applicable Tax Withholding. Salary •annual Incentive 125% of Your Annual Base Salary or $1,000,000, at Target Performance, With a Maximum Bonus Opportunity of 200% of Your Annual Base Salary, or $1,600,000, for Outstanding Performance. Any Bonus You Receive for Fiscal Year 2021 Will Reflect a Pro-Ration Based on Your Start Date. Plan the Purpose of the Plantronics, Inc. Annual Incentive Plan (“Aip” or the “Plan”) Is to Focus Participants on Achieving Annual Company-Wide Financial Performance Goals as Well as Product Group, Segment, or Functional Objectives and Individual Performance Goals by Providing the Opportunity to Receive Annual Cash Payments Based on Accomplishments During the Year
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