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2015 Retrophin, Inc.
Executive/Designated Officer Annual Bonus Plan
The purpose of the Retrophin, Inc.
Executive Officer Bonus Plan (the Plan ) is to provide incentives to and reward named executive officers and designated officers of Retrophin, Inc. (the Company ) (each a Participant, as defined below) to achieve
and exceed personal and corporate performance goals and to work together to achieve outstanding results in all aspects of the Company s business, thus benefiting themselves, Company shareholders and the people who benefit from the
Bonus Award Components
otherwise specified, the components of a Bonus Award Payment (described below) are as follows:
| Position | Target Bonus % | Company Modifier Weighting | Individual Modifier Weighting | |||||||||
| Chief Executive Officer | 60 | % | 100 | % | NA | |||||||
| Other Executive Officers | 50 | % | 80 | % | 20 | % | ||||||
| Senior Vice President/Designated Officer | 40 | % | 70 | % | 30 | % |
The Bonus Award Payment, if one is approved, will be calculated by multiplying the Participant s Base Pay by (i) his/her Target Bonus percentage,
(ii) the Company Modifier, (iii) the weighting of the Company Modifier, (iv) the Individual Modifier, and (v) the weighting of the Individual Modifier, if applicable.
The Board reserves sole discretion to disapprove the payment of a Bonus during any Bonus Plan Year to any one or more Participants.