Attached files

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EX-32.2 - EXHIBIT 32.2 Q3 2017 - ALPHA & OMEGA SEMICONDUCTOR Ltdex322-aosl3312017q3201710q.htm
EX-32.1 - EXHIBIT 32.1 Q3 2017 - ALPHA & OMEGA SEMICONDUCTOR Ltdex321-aosl3312017q3201710q.htm
EX-31.2 - EXHIBIT 31.2 Q3 2017 10Q - ALPHA & OMEGA SEMICONDUCTOR Ltdex312-aosl3312017q3201710q.htm
EX-31.1 - EXHIBIT 31.1 Q3 2017 - ALPHA & OMEGA SEMICONDUCTOR Ltdex311-aosl3312017q3201710q.htm
EX-10.3 - EXHIBIT 10.3 Q3 2017 - ALPHA & OMEGA SEMICONDUCTOR Ltdex103-aosl331201710q.htm
EX-10.2 - EXHIBIT 10.2 Q3 2017 - ALPHA & OMEGA SEMICONDUCTOR Ltdex102-aosl331201710q.htm
10-Q - 10-Q MARCH 31, 2017 - ALPHA & OMEGA SEMICONDUCTOR Ltdaosl331201710q.htm


Exhibit 10.1

ALPHA AND OMEGA SEMICONDUCTOR LIMITED
CALENDAR YEAR 2017 EXECUTIVE INCENTIVE CASH BONUS PLAN

The following is a summary of the operation of the Executive Incentive Cash Bonus Plan (the “Plan”) established by Alpha and Omega Semiconductor Limited (the “Company”) for the calendar year ending December 31, 2017.

Participants

Executive officers and Vice Presidents.

Performance Bonus

Participants are eligible to receive a cash bonus based on the level of attainment of pre-specified corporate performance goals. The Company’s compensation committee establishes the performance goals to be attained.

Performance Goals

The corporate performance goals for cash bonus for calendar year 2017 are revenue and GAAP operating income. The amount of bonus earned is based on the level of attainment of a range of revenue and GAAP operating income for the year. A specified minimum amount of each of the revenue and GAAP operating income goals must be achieved before payment of an award under the Plan. The actual aggregate amount of the award earned by an executive officer for the calendar year will range from $0 to the maximum amount established for that officer (as set forth below) depending on the level of attainment of the performance goals.

Target Bonus Awards

The Company’s compensation committee establishes the cash bonuses payable based on the level of attainment of the corporate performance goals. The target bonuses for each executive officer for calendar year 2017, as a percentage of base salary, are as follows:

Name
Title
Minimum Bonus
Target Bonus
Maximum Bonus
Mike F. Chang
Chief Executive Officer
20%
100%
 220%
Yifan Liang
Chief Financial Officer and Corporate Secretary
12%
60%
132%
Yueh-Se Ho
Chief Operating Officer
12%
60%
132%
Daniel Chang
Senior Vice President of Marketing
12%
60%
132%