EX-99.2 3 dex992.htm 2008 SECTION 16 OFFICERS BASE SALARIES AND TARGET BONUS PAYMENTS 2008 Section 16 Officers Base Salaries and Target Bonus Payments

EXHIBIT 99.2

Pegasystems Inc.

2008 Section 16 Officers Base Salaries and Target Bonus Percentages

All Changes Effective Retroactively to January 1, 2008

 

Name

 

Title

 

Base Salary

 

Target Bonus*

Alan Trefler  

Chief Executive Officer

and Chairman

  $275,000   75%
Craig Dynes   Chief Financial Officer and Senior Vice President   $273,000   50%
Edward Hughes**  

Senior Vice President,

Global Sales

  $260,000   40%
Douglas Kra**  

Vice President,

Global Services

  $250,000   50%
Michael Pyle   Senior Vice President, Engineering   $250,000   50%

 

* Percentage of 2008 base salary

**In 2008, Edward Hughes will also be eligible for the following additional incentive compensation:

 

  (1) $1,000 per $1 million in 2008 license bookings, for bookings up to the budget for license established by the Board of Directors for 2008.
  (2) $4,000 per $1 million in 2008 license bookings, for bookings above the budget for license established by the Board of Directors for 2008.
  (3) $50,000 upon the achievement of specific individual performance goals to be established by the CEO, in his discretion.

**In 2008, Douglas Kra will also be eligible for the following additional incentive compensation:

 

  (1) $20,000 upon the achievement of specific individual performance goals to be established by the CEO, in his discretion.