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EXCEL - IDEA: XBRL DOCUMENT - PACIFIC SUNWEAR OF CALIFORNIA INCFinancial_Report.xls
EX-23.1 - EXHIBIT 23.1 - PACIFIC SUNWEAR OF CALIFORNIA INCexhibit2312014consentofind.htm
EX-21.1 - EXHIBIT 21.1 - PACIFIC SUNWEAR OF CALIFORNIA INCexhibit2112014subsidiaries.htm
EX-10.14 - EXHIBIT 10.14 - PACIFIC SUNWEAR OF CALIFORNIA INCexhibit10142014summaryofbo.htm
EX-32 - EXHIBIT 32 - PACIFIC SUNWEAR OF CALIFORNIA INCq42014exhibit32.htm
EX-31 - EXHIBIT 31 - PACIFIC SUNWEAR OF CALIFORNIA INCq42014exhibit31.htm
10-K - 10-K - PACIFIC SUNWEAR OF CALIFORNIA INCdocument201410-k.htm


EXHIBIT 10.15

SUMMARY OF NAMED EXECUTIVE OFFICERS' COMPENSATION FOR FISCAL 2015

Base Salaries. Following are the current annual base salaries for the executive officers employed the Company as of March 26, 2015, who will be included in the Company’s Proxy Statement to be filed with the Securities and Exchange Commission for the Company’s 2015 Annual Meeting of Shareholders (the “Named Executive Officers”):

Named Executive Officer
 
Title
 
Annual Base Salary
Gary H. Schoenfeld
 
President, Chief Executive Officer and Director
 
$
1,050,000

Michael W. Kaplan
 
Senior Vice President and Chief Financial Officer
 
$
437,746

Alfred Chang
 
Senior Vice President, Men's Merchandising
 
$
420,000

Jonathan Brewer
 
Senior Vice President, Product Development and Supply Chain
 
$
418,692

Craig E. Gosselin
 
Senior Vice President, General Counsel
 
$
393,917


Annual Bonuses. The Company provides each of the Named Executive Officers with an annual incentive bonus opportunity pursuant to a broad-based bonus plan which covers the other executives of the Company, the non-retail managers, and other key contributors of the Company. Actual bonus amounts are determined by a combination of (i) the Company’s achievement of a pre-set financial target, and (ii) the individual’s achievement of personal and/or department goals. All bonuses are approved by the Compensation Committee of the Company’s Board of Directors. Mr. Schoenfeld’s target incentive bonus is 125% of his base salary with a maximum incentive bonus of 250% of his base salary. All other Named Executive Officers have a target incentive bonus of 50% of his or her base salary with a target maximum incentive bonus of 100% of his or her base salary. The terms of the fiscal 2015 bonus plan are more particularly set forth in the Company’s Current Report on form 8-K which was filed with the SEC on March 24, 2015.

Additional Compensation. The Named Executive Officers are also entitled to participate in various Company plans, including equity plans, and may be subject to other written agreements, in each case as set forth in exhibits to the Company’s filings with the Securities and Exchange Commission. In addition, the Named Executive Officers may be eligible to receive perquisites and other personal benefits as disclosed in the Company’s proxy statements filed with the Securities and Exchange Commission in connection with the Company’s annual meetings of shareholders.