Attached files
file | filename |
---|---|
10-K - 10-K - DFC GLOBAL CORP. | w79659e10vk.htm |
EX-32.2 - CERTIFICATION OF CFO - DFC GLOBAL CORP. | w79659exv32w2.htm |
EX-23.1 - CONSENT OF E&Y - DFC GLOBAL CORP. | w79659exv23w1.htm |
EX-32.3 - CERTIFICATION OF CORPORATE CONTROLLER - DFC GLOBAL CORP. | w79659exv32w3.htm |
EX-31.2 - CERTIFICATION OF CFO - DFC GLOBAL CORP. | w79659exv31w2.htm |
EX-32.1 - CERTIFICATION OF CEO - DFC GLOBAL CORP. | w79659exv32w1.htm |
EX-31.3 - CERTIFICATION OF CORPORATE CONTROLLER - DFC GLOBAL CORP. | w79659exv31w3.htm |
EX-31.1 - CERTIFICATION OF CEO - DFC GLOBAL CORP. | w79659exv31w1.htm |
EX-21.1 - SUBSIDIARIES - DFC GLOBAL CORP. | w79659exv21w1.htm |
Exhibit 10.30
SUMMARY
OF 2011 CASH BONUS PROGRAM
The Human Resources and Compensation Committee (the
Committee) of the Board of Directors (the
Board) of Dollar Financial Corp. (the
Company) approved a cash bonus program for the
Companys fiscal year ended June 30, 2011
(Fiscal 2011) pursuant to which certain management
personnel of the Company will participate (the 2011 Cash
Bonus Program), including each of the Companys named
executive officers: Jeffrey Weiss, Chairman and Chief Executive
Officer; Randy Underwood, Executive Vice President and Chief
Financial Officer; Norman Miller, Executive Vice President and
Chief Operating Officer; Syd Franchuk, Executive Vice President
and Chairman National Money Mart Company; and Silvio
Piccini, Senior Vice President and Managing Director
United Kingdom Operations (collectively, the NEOs).
The 2011 Cash Bonus Program provides for target and maximum
bonus opportunities as a percentage of each participants
annual base compensation for Fiscal 2011, with that percentage
determined based upon the Companys achievement of certain
earnings before interest, taxes, depreciation and amortization
(EBITDA) goals, the performance of the business unit
in which the participant operates,
and/or the
Companys achievement of strategic objectives established
by the Board.
The following table sets forth the target and maximum bonus
opportunities for each of the NEOs under the 2011 Cash Bonus
Program, expressed as a percentage of each NEOs annual
base compensation for Fiscal 2011:
Named Executive Officer
|
Target Bonus Opportunity | Maximum Bonus Opportunity | ||||||
Jeffrey Weiss
|
125 | % | 175 | % | ||||
Randy Underwood
|
90 | % | 180 | % | ||||
Norman Miller
|
90 | % | 180 | % | ||||
Sydney Franchuk
|
60 | % | 120 | % | ||||
Silvio Piccini
|
50 | % | 100 | % |
Under the 2011 Cash Bonus Program, the bonuses of
Messrs. Weiss, Underwood and Miller will be based on the
Companys consolidated EBITDA for Fiscal 2011, the bonus of
Mr. Franchuk will be based on the performance of the
Companys Canadian business unit during Fiscal 2011 and the
bonus of Mr. Piccini will be based primarily on the
performance of the Companys U.K. business unit during
Fiscal 2011.
The Committee
and/or the
Board will determine the EBITDA operating targets and
methodology on which bonuses are paid pursuant to the 2011 Cash
Bonus Program based upon methods historically used by the
Company. The Committee and the Board retain the right to amend,
alter or terminate the 2011 Cash Bonus Program at any time.
Bonuses under the 2011 Cash Bonus Program will be calculated and
paid after finalizing the Companys annual financial
results for Fiscal 2011.