Autodesk 2009 Annual Report Download - page 39

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•
•Target Awards
Since fiscal 2009 performance thresholds were met, target awards and maximum eligible payouts for
our Named Executive Officers under the EIP were each approximately:
Participant
Target EIP
(percent of Base Salary)
Maximum EIP
(percent of Base Salary)
Carl Bass, Chief Executive Officer, President and Interim Chief
FinancialOfficer ...................................... 100percent 190percent
Carol A. Bartz, former Executive Chairman . . . . . . . . . . . . . . . . . . . Not Applicable Not Applicable
Alfred J. Castino, former Senior Vice President and Chief Financial
Officer .............................................. NotEligible NotEligible
George M. Bado, Executive Vice President, Sales and Services . . . 17 percent 32 percent
Jan Becker, Senior Vice President, Human Resources and
Corporate Real Estate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 percent 114 percent
•Actual Awards to Individuals
The Compensation Committee is not obligated to fully allocate the total funded amount. For fiscal
2009, a target award was associated with revenue growth of 15 percent and non-GAAP operating margin of
approximately 28 percent. The Compensation Committee determines the actual awards based not only on
our revenue growth and non-GAAP operating margin, but also on an evaluation of each individual’s
contributions relative to our results. Our fiscal 2009 revenue growth was approximately 7 percent and our
non-GAAP operating margin was approximately 25 percent.
At its March 2009 meeting, the Compensation Committee reviewed our revenue growth and
non-GAAP operating margin for fiscal 2009, and reviewed the individual performance of our Named
Executive Officers. For fiscal 2009, the Compensation Committee determined that EIP payouts would be
made at less than the target amounts as described above. The decision to reduce EIP payouts below the
target amounts was made in light of the global economic slowdown and the resulting negative impact on the
Company’s business and financial results for fiscal 2009, as well as an assessment of individual
performance. Accordingly, at its March 2009 meeting, the Compensation Committee approved EIP payouts
for Named Executive Officers approximately as follows:
Participant
Approved EIP Payout
percent of Base Salary
CarlBass......................................................... 86percent
CarolA.Bartz..................................................... NotApplicable
AlfredJ.Castino ................................................... NotEligible
GeorgeM.Bado ................................................... 16percent
JanBecker........................................................ 51percent
Details of these amounts can be found in the “Executive Compensation—Summary Compensation
Table and Narrative Disclosure” below. Pursuant to her now terminated employment agreement with
Autodesk, Ms. Bartz did not participate in the EIP, and due to his resignation, Mr. Castino was not eligible
to participate in the EIP.
Autodesk Sales Compensation Plan
In addition to at-risk compensation under the EIP, Mr. Bado, our Executive Vice President, Sales and
Services, has a portion of his targeted cash compensation tied to sales commissions based on achievement of
25