Attached files
file | filename |
---|---|
S-1 - S-1 - BOINGO WIRELESS, INC. | a2201572zs-1.htm |
EX-3.3 - EX-3.3 - BOINGO WIRELESS, INC. | a2201572zex-3_3.htm |
EX-3.1 - EX-3.1 - BOINGO WIRELESS, INC. | a2201572zex-3_1.htm |
EX-4.2 - EX-4.2 - BOINGO WIRELESS, INC. | a2201572zex-4_2.htm |
EX-10.2 - EX-10.2 - BOINGO WIRELESS, INC. | a2201572zex-10_2.htm |
EX-10.3 - EX-10.3 - BOINGO WIRELESS, INC. | a2201572zex-10_3.htm |
EX-23.1 - EX-23.1 - BOINGO WIRELESS, INC. | a2201572zex-23_1.htm |
EX-10.8 - EX-10.8 - BOINGO WIRELESS, INC. | a2201572zex-10_8.htm |
Exhibit 10.7
Boingo Wireless, Inc.
2010 Management Incentive Plan
($ Mil)
I. Financial Objectives
Weighting
|
Revenue |
|
60 |
% |
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Adjusted EBITDA |
|
15 |
% |
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Free cash flow |
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20 |
% |
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Net Income |
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5 |
% |
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Targets ($ mil) |
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Plan |
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Cap |
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Floor |
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| |
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Revenue |
|
$ |
79 |
.3 |
120.0 |
% |
90.0 |
% |
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| |||
|
Adjusted EBITDA |
|
$ |
19 |
.3 |
120.0 |
% |
70.0 |
% |
|
| |||
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Free cash flow |
|
$ |
9 |
.7 |
120.0 |
% |
70.0 |
% |
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Net Income |
|
$ |
8 |
.1 |
120.0 |
% |
70.0 |
% |
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Payout % of Salary at Targets |
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Plan |
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100 |
% |
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Cap |
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170 |
% |
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Floor |
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30 |
% |
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Payouts % of Salary by Position |
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CEO |
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60.0 |
% |
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CFO |
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50.0 |
% |
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CTO & SVP BD & SVP Fin. |
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35.0 |
% |
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II. Strategic Initiative Overlay |
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CEO, CFO, CTO, SVP BD & SVP Fin. |
20% of Salary |
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Criteria: To obtain full payout, 2 of 3 must be achieved |
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Strategic Initiatives |
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1. Device distribution expansion: |
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2. Expansion of managed and operated footprint: |
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3. Establish service provider model: |
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All payments under the 2010 Management Incentive Plan are at the discretion of the Board of Directors