Green Dot 2014 Annual Report Download - page 98

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Officer - 100%; Lewis B. Goodwin, Chief Executive Officer, Green Dot Bank - 70%: and John Ricci, General Counsel
and Secretary - 50%.
Under the Plan, participants are eligible to receive one annual bonus, each in an amount equal to the participant's
full 2015 on-target bonus for achievement of the two financial objectives described below. The actual bonus payment
is the on-target bonus payment multiplied by a percentage (which may be more or less than 100% but shall not exceed
150%) that varies depending upon achievement of the financial objectives. Each of the financial objectives is given
equal weight, except that no bonus shall be payable if we fail to achieve at least 90% of both financial objectives.
The financial objectives under the Plan are expressed in terms of the (i) annual goals contained in our financial
plan for adjusted EBITDA, which is calculated by adding the amount of all stock-based compensation to the amount
of earnings before interest, income taxes, depreciation and amortization reflected in our consolidated statements of
operations; and (ii) annual goals contained in our financial plan for annual revenue, which is calculated by adding the
amount of stock-based retailer incentive compensation to the amount of total operating revenues reflected in our
consolidated statements of operations.
The financial targets under the Plan may be modified or adjusted for non-recurring or extraordinary items.
90