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Compensation Systems

Compensation Systems in 2001

Compensation package consisted of threecomponents :

Base Salary: we set to be at orslightly below the industry median

Stock Option: The rst years the

joined CSI, they got stock optionso The st four years at 2! per

year and e"pired #$ yearsafter granting

A Bonus: %#! of an employee

base salary& The measures re'ectedcompany wide achie(ements in threeareas

o )eceipt of new *+

commitments&

Two largest of theseprograms : 2$! each,employee would earn$! of their targetbonus

Three other larges

program would add#$!

Two smaller program

weight !o +"ecution of e"isting business,

assessed in two elements Shipment (olumes to

two major customer Shipment -uality

o .uilding Infrastructure, would

earn 2$! of their targetbonuses

*(erall, performance range were set toallow bonus assignment to range from $ /2#!

Actual Performance in 2001

+mployee earning ##0&1! of their targetbonus&

ew *+ commitments accounted for$!

+"ecution for 32&1!

4uality #!

Certication 2$!

Compensation Systems in 2002

The performance area linked to bonusawards were changed&

5inancial Target : $%6$! 7they focus

increasing re(enues and reducedoperating losses8

*+ Commitment : $ / #$!

4uality : %#! % 2$!

.uilding Infrastructure : $% 2$!

The performance target set #$$!, totalpossible target 2$!