Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - COHERENT INCFinancial_Report.xls
EX-31.1 - EXHIBIT 31.1 CERTIFICATE OF CHIEF EXECUTIVE OFFICER - COHERENT INCex311fiscal2015q1.htm
EX-31.2 - EXHIBIT 31.2 CERTIFICATE OF CHIEF FINANCIAL OFFICER - COHERENT INCex312fiscal2015q1.htm
EX-32.1 - EXHIBIT 32.1 CERTIFICATE OF CHIEF EXECUTIVE OFFICER - COHERENT INCex321fiscal2015q1.htm
EX-10.4 - EXHIBIT 10.4 FORM OF PRSU AWARD TERMS - COHERENT INCex104prsuawardterms.htm
EX-10.2 - EXHIBIT 10.2 FISCAL 2014 VARIABLE COMPENSATION PLAN PAYOUT SCALE - COHERENT INCfy2014varaiblecompensatio.htm
10-Q - 10-Q - COHERENT INCa20141227_10q.htm
EX-32.2 - EXHIBIT 32.2 CERTIFICATE OF CHIEF FINANCIAL OFFICER - COHERENT INCex322fiscal2015q1.htm


EXHIBIT A: FY15 VCP

Two performance measures are measured and paid out independently:
Adjusted EBITDA$ weighted 75%
Revenue weighted 25%

Semi-annual plan, bonus paid on first half and second half published results.

Bonus Criteria
Bonus Weighting
Threshold VCP 0%
At Target VCP 100%
At Maximum VCP 200%
Comments
Revenue – 1st half
25%
$[·] M
0%
$[·] M
25%
$[·] M
50%
Payout capped at 100% until Pre-VCP EBTIDA$ target is met
Revenue – 2nd half
25%
$[·] M
0%
$[·] M
25%
$[·] M
50%
Payout capped at 100% until Pre-VCP EBTIDA$ target is met
 
 
 
 
 
 
Pre-VCP EBITDA$ - 1st half
75%
$[·] M
0%
$[·] M
75%
$[·] M
150%
 
Pre-VCP EBITDA$ - 2nd half
75%
$[·] M
0%
$[·] M
75%
$[·] M
150%
 

For purposes of the VCP, “adjusted EBITDA” (or Pre-VCP EBITDA) is defined as operating income adjusted for VCP payouts, depreciation, amortization, stock compensation expense, major restructuring charges and certain non-operating income or expense charges.

[·] CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.