noSticwall FY23 Performance Bonus Plan (PBP) Award

["BullseyePerformance" <http://www.bepms.com/~noreply>]

Dear Robert,

At noSticwall, your annual earnings potential consists of, among other
things, your base salary/pay and a target award under the noSticwall
Performance Bonus Plan (“PBP”). This statement is to
inform you of your FY23 PBP award.

noSticwall offers PBP bonus awards to non-sales employees targeted to a
percentage of your base salary/pay to reward you for your contribution to
the organization’s financial success. PBP awards are based on a
combination of factors that include your individual performance,
noSticwall’s financial performance and the amount of time you
were actively working during the plan year. If your base pay or PBP
percentage changed during the PBP plan year, your target bonus will be
pro-rated based on the number of days during the plan year that you were
at each pay level and PBP percentage. PBP awards are made at noSticwall's
sole discretion.

The following are the details of your FY23 Performance Bonus Plan Award:
Target PBP Amount: USD
Performance Rating (out of a possible score of 5): 4.17
Individual Modifier: 100%
Company Modifier: 95%
PBP Award Amount: USD

Example of PBP calculation (with no pro-ration):

Eligible Earnings Target PBP % Target PBP $ Company Modifier Performance Rating Individual Modifier Bonus Calculation Bonus Amount 
$50,000 5% $2,500 100% 3.0 80% $2,500 *
100% * 80% $2,000

Example of pro-rated PBP calculation:
Date Base Salary Target PBP $ Earnings Calculation Bonus at 100%

February 1 st - May 31 st (121 days) $50,000 3% (121/365) *
$50,000 * 3% $497.26

June 1 st - January 31 st (244 days) $55,000 5% (244/365) *
$55,000 * 5% $1,838.37
Total $2,335.63

Eligible Earnings Target PBP % Target PBP $ Company Modifier Performance Rating Individual Modifier Bonus Calculation Bonus Amount
see above see above $2,335.63 100% 3.0 80% $2,335.63 *
100% * 80% $1,868.50

If you have any questions, please reach out to your manager.

Sincerely,
noSticwall HR