Tucows 2015 Annual Report Download - page 135

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Provides a competitive and stable
component of income to
our executives
• Individual contributions
• Future potential
• Internal pay equity
• Effect on other elements of
compensation and benefits
including target bonus
amounts
Short-Term
Incentive Bonus
Annual variable
cash compensation
based on the
achievement of
pre- established
annual performance
measures based on
adjusted
EBITDA growth
Provides competitive short- term
incentive opportunities for our
executives to earn annual cash
bonuses based on performance
objectives that, if attained, can
reasonably be expected to (i)
promote our business and
strategic objectives and (ii)
correspond to those paid to
similarly- situated and
comparably skilled executives at
peer companies
• Company performance
measures
• Service performance
measures
Stock Options Grants Annual long-
term equity awards
that vest over four
years
Provides variable compensation
that helps to retain executives
and ensures our executives’
interests are aligned with those of
shareholders to grow long-
term value
• Job responsibilities
• Individual contributions
• Future potential
• Value of vested and unvested
outstanding equity awards
• Internal pay equity
75
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