Attached files
file | filename |
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10-K - 2010 10K - ONVIA INC | onvia2010-10k.htm |
EX-23.1 - CONSENT - ONVIA INC | concent.htm |
EX-31.2 - CERTIFICATION 302 C.WAY - ONVIA INC | cert302way.htm |
EX-32.2 - CERTIFICATION 906 C.WAY - ONVIA INC | cert906way.htm |
EX-10.17 - 2011 VARIABLE COMPENSATION PLAN FOR IRVINE ALPERT - ONVIA INC | compplanirv.htm |
EX-31.1 - CERTIFICATION 302 H.RINER - ONVIA INC | cert302riner.htm |
EX-32.1 - CERTIFICATION 906 H.RINER - ONVIA INC | cert906riner.htm |
Onvia, Inc.
2011 Management Incentive Plan
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Participants
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Executive Officers of Onvia, Inc., other than Sales Executives
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Objectives
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· Achieve corporate performance that most reflect stockholder interests
· Drive and reward unified performance across executive team
· Focus on building trend for long-term, profitable growth
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Key Achievement Metrics
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Achievement of Board defined goals including without limitation Bookings, Net Income, EBITDA and cash flow.
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Bonus Target
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Between 22% - 80% of Base Salary for Participants
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Overachievement
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If the Company’s performance against the Key Achievement Metrics exceeds the target goals established by the Board, the Board has established accelerators to modify the Participants’ award levels.
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Terms of Funding and Payment
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· If the Company’s performance falls below the Key Achievement Metrics floor established by the Board, the bonus pool shall not be funded.
· Bonus pool to be funded and targets paid upon certification by the Compensation Committee of metrics achieved by the Company.
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