Earthlink 2009 Annual Report Download - page 161

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“ Participant ” means an Employee of an Employer who is selected to participate in the Plan.
“ Performance Bonus ” means the dollar amount which results from multiplying the Participant’s Compensation for the Bonus Period
by the product of the Participant’s Target Bonus Percent and the Participant’s Performance Bonus Multiplier.
“ Performance Bonus Multiplier ” means either (i) zero (0) or (ii) the percentage from fifty percent (50%) to two hundred percent
(200%) that applies to determine the Participant’s Performance Bonus for the Bonus Period. The Committee shall establish the Performance
Bonus Multipliers that relate to the levels of Corporation Performance Objectives that must be achieved during the Bonus Period to calculate the
Participant’s Performance Bonus.
“ Plan ” means this EarthLink, Inc. 2010 Short-Term Incentive Bonus Plan, in its current form and as it may be hereafter amended.
“ Target Aggregate Bonus ” means the Bonus Award that would be earned if the Participant’s Performance Bonus Multiplier were one
hundred percent (100%).
“ Target Bonus Percent ” means the percent of the Participant’s Compensation that will be earned as a Performance Bonus where the
Corporate Performance Objectives that are achieved for the Bonus Period result in a Performance Bonus Multiplier of one hundred percent
(100%). The Target Bonus Percent for each Participant’s position shall be established by the Committee.
3. ADMINISTRATION OF THE PLAN
3.1 Administration of the Plan . The Committee shall be the sole administrator of the Plan and shall have full authority to
formulate adjustments and make interpretations under the Plan as it deems appropriate. The Committee shall also be empowered to make any
and all of the determinations not herein specifically authorized which may be necessary or desirable for the effective administration of the Plan.
Any decision or interpretation of any provision of this Plan adopted by the Committee shall be final and conclusive. Benefits under this Plan
shall be paid only if the Committee determines, in its sole discretion, that the Participant or Beneficiary is entitled to them. None of the members
of the Committee shall be liable for any act done or not done in good faith with respect to this Plan. The Company shall bear all expenses of
administering this Plan.
4. ELIGIBILITY
4.1 Establishing Participation . The Committee shall select each Employee who shall participate in the Plan for each Bonus
Period by name, position or zone within the Career Band System. The Committee shall retain the discretion to name as a Participant any
Employee hired or promoted after the commencement of the Bonus Period.
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