Bonus Opportunity! Site Incentive Plan There are three bonuses that you should be aware of and help your team (and yourself) achieve. 1. Team/Staff Incentive Bonus: Discretionary bonus intended for your support staff (Receptionist, techs, kennel). o Earned by the hospital (collectively as a team) achieving 5% gross revenue growth in a quarter vs. the same quarter prior year. If the 5% growth is achieved, the staff are eligible to receive 7.5% of the difference in growth. o Please see the following document for tiered payout amounts available (based on hospital size). o Teams are eligible to earn this bonus starting in the 1st full quarter with NVA. o Your Divisional Leadership will contact you after the end of each quarter if the bonus is earned with the amount; payout is at the discretion of Hospital Leaders. o A poster will be shipped to you to track earning this bonus with your team if you choose. *NVA's quarters are as follows: Q1: July-September; Q2: October-December; Q3: January-March; Q4: April-June 2. Site Leadership Profit Share Bonus: Intended for the location's Hospital Manager and Managing DVM together. o Earned by achieving EBITDA growth for a 6-month period (January-June and July-December) vs. the same period prior year. It is based off of EBITDA percent with tiered payout. o Hospital Leaders are eligible after the 1st full fiscal year with NVA o Joint-Venture partners are not eligible to receive this bonus but corresponding leaders (HM) are. o Please review the following document for details. 3. Managing DVM Leadership Fee: For MDVMs only (written into their contract unless they are JV partners) o Earned by achieving 10% gross revenue growth of the business in a quarter vs. the same quarter prior year. o NVA will track and calculate this bonus for each location; NVA will communicate the bonus achieved after the completion of each calendar quarter. o JV partners are not eligible for this bonus See the following pages for more details!
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