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| COMS > SEC Filings for COMS > Form 8-K on 27-Jan-2009 | All Recent SEC Filings |
27-Jan-2009
Change in Directors or Principal Officers
• For Messrs. Robert Y. L. Mao, Ronald Sege, Jay Zager, Neal D. Goldman and Dr. Shusheng Zheng: specified financial goals for:
• consolidated revenue (50%)
• consolidated non-GAAP operating profit (25%) and
• consolidated cash from operations (25%).
• For each financial metric, the bonus potential ranges from 50%-200% of the target amounts previously disclosed for each executive, based on the degree of attainment of the specified financial metrics. For each metric described above, the Committee set goals for bonus at three levels:
• "threshold" (the achievement of which will result in a bonus opportunity amount of 50% of target bonus amounts);
• "target" (the achievement of which will result in a bonus opportunity amount of 100% of target bonus amounts); and
• "maximum" (the achievement of which will result in a bonus opportunity amount of 200% of target bonus amounts).
• In addition, the actual bonus opportunity amount will be based on a sliding scale for achievement attained in between specified levels, although for any single metric no amount will count towards the bonus opportunity unless, at a minimum, the "threshold" achievement level is attained for that metric.
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