JP, I've worked for companies where the "all or no
Post# of 30028
In my opinion, it would be unrealistic to tie Gerald's bonus to meeting all of the stated goals. He could meet goals 2, 3, and 4 and elect for the benefit of shareholders to push the uplisting out to March 2015 instead of doing a large RS. Would it be fair to award him no bonus for the goals achieved in this scenario? An all-or-nothing bonus arrangement would entice a less scrupulous CEO to do the massive RS in order to hit the bonus target, while screwing shareholders in the process. It's clear to me some serious thought went into the bonus arrangement set for Gerald.
Now, let's see how many of those he hits. My expectations are high, but 2 or 3 out of 4 isn't the end of the world for this company as some have stated. "Heaven help us" doesn't fit here, unless you're investing money you're going to desperately need in the next 3-6 months.