Annual Executive Annual Incentive Plan (VP) – Symantec
FY12 Executive Annual Incentive PlanExecutive Vice
President & Group President : 95%
This Annual Incentive Plan (“Plan”) of Symantec Corporation (“Symantec”) is
effective as of April 2, 2011. The Board of Directors reserves the right to
alter or cancel all or any portion of the Plan for any reason at any time.
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FY12 Executive Annual Incentive Compensation Plan
| Job Category: | Executive Vice President and Group President | |
|
Purpose: |
Provide critical focus on specific, measurable corporate and division goals |
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|
Bonus Target: |
The target incentive bonus for this job category is 95% of the annual salary. |
|
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Bonus Payments: |
The annual incentive bonus will be paid once annually. Payment will be made |
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Components: |
Three performance metrics will be used in the determination of the annual |
| Metric | Weighting | |||
|
Corporate Revenue |
50 |
% |
||
|
Corporate Earnings per Share |
20 |
% |
||
|
Individual Performance/Victory Plan Results |
30 |
% |
||
|
Achievement Schedule: |
An established threshold must be exceeded for each of the applicable |
|
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Pro-ration: |
The calculation of the annual incentive bonus will be determined, in part, |
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|
Eligibility: |
Participants must be regular status employees on the day bonus checks are |
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