First Data 2011 Annual Report Download - page 172
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Exhibit 10.30
Named Executive Officer Salary and Bonus Arrangements
On March 3, 2012, First Data Corporation (the "Company") approved the following 2012 base salaries and target bonuses
under the Senior Executive Incentive Plan for the Company's named executive officers identified below. Also, on March 3, 2012,
First Data Holdings Inc. ("Holdings"), the parent corporation of the Company, approved the following equity grants for the Company's
named executive officers identified below.
Name and Title
2012
Base Salary
2012
Bonus Target
(1)
Stock Option
Grant
(2)
Restricted
Stock Award
(3)
Jonathan J. Judge
Chief Executive Officer $ 1,500,000 $ 2,250,000 333,333 166,667
Ray E. Winborne
Executive Vice President
& Chief Financial Officer $ 600,000 $ 600,000 166,667 83,333
John Elkins, Executive
Vice President $ 625,000 $ 781,250 183,333 91,667
Kevin M. Kern, Executive
Vice President $ 575,000 $ 575,000 166,667 83,333
Edward A. Labry III
Executive Vice President $ 1,000,000 $ 1,250,000 200,000 100,000
(1) 2012 bonus funding will be determined at the end of the year at the sole discretion of the Committee. In exercising its
discretion the Committee may consider any factor it deems relevant including achievement of EBITDA and financial targets,
achievement of other company objectives and/or consideration of company balanced scorecard metrics.
(2) Options to purchase shares of common stock of Holdings were granted under the 2007 Stock Incentive Plan for Key
Employees of First Data Corporation and its Affiliates. The options have a ten-year term, an exercise price of $3.00 per share
and vest in increments of one-third each year beginning on March 3, 2013.
(3) Restricted stock awards were granted under the 2007 Stock Incentive Plan for Key Employees of First Data Corporation and
its Affiliates. The restricted stock awards vest 100% on the later of March 3, 2015 or following the lockup period after an
initial public offering of the Company's common stock. Shares of restricted stock may not be sold or otherwise transferred
prior to the lapse of the restrictions.
From time to time, the Company's executive officers also may receive certain perquisites and personal benefits that may include
personal use of the Company's aircraft and access to recreational clubs, personal financial planning up to $20,000 per year, and
reimbursement for relocation and moving expenses.