Annual-Transition Report — Form 10-K
Filing Table of Contents
Document/Exhibit Description Pages Size
1: 10-KT Atari, Inc 83 631K
2: EX-10.28.T Fourteenth Amendment to the Credit Agreement 3 15K
3: EX-10.57.A First Amendment and Consent to Credit Agreement 8 28K
4: EX-10.57.B Second Amendment and Consent to Credit Agreement 7 24K
5: EX-10.57.C Third Amendment and Waiver to Credit Agreement 8 31K
6: EX-10.59 Description of Registrant's Executive Bonus Plan 1 6K
7: EX-23.2 Consent of Deloitte & Touche LLP 1 6K
8: EX-24.1 Power of Attorney 2± 12K
9: EX-99.1 Miscellaneous Exhibit 1 7K
10: EX-99.2 Miscellaneous Exhibit 1 7K
EX-10.59 — Description of Registrant’s Executive Bonus Plan
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EXHIBIT 10.59
ATARI, INC.
DESCRIPTION OF REGISTRANT'S FISCAL YEAR 2003 EXECUTIVE BONUS PLAN
Target annual bonuses are set for each executive based upon a percentage of base
salary. Bonuses are calculated based on three components, one of which relates
to the U.S. Company's and/or the business unit's profit and revenue results, one
of which is measured against worldwide cash flow, profit and revenue results,
and in the case of studio-based executives, one of which is based on the
timeliness of product delivery. Bonuses are paid after the end of the fiscal
year after the audit is complete. If the Company's worldwide cash flow
attainment for the fiscal year is less than 80% of the Company's plan, no bonus
is required to be paid for the fiscal year; bonuses then become discretionary.
If profits and/or revenue exceed plan for the fiscal year the bonus rate is
accelerated for the incremental profits and revenue above plan, with a maximum
of 150% payout of the bonus target.
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