Other Information
+Added: On May 1, 2023, the Compensation Committee (the "Committee") of our Board of Directors (the “Board”) approved the Viavi Solutions Inc.
+Added: Section 16 Officer Incentive Compensation Plan (the "Section 16 Incentive Plan").
+Added: All Section 16 officers including our named executive officers are eligible to participate in the Section 16 Incentive Plan.
+Added: Participants in the Section 16 Incentive Plan will be eligible to earn cash incentive awards through the achievement of performance targets to be established by the Committee each year.
+Added: The degree of performance achievement will determine the amount of each award earned relative to the participant's target amount, which generally will be a percentage of base salary.
+Added: Participants in the Section 16 Incentive Plan generally must be employed on the date the cash incentive awards are actually paid in order to receive payment.
+Added: We expect to adopt an annual cash incentive program under the Section 16 Incentive Plan for each fiscal year following adoption of the Section 16 Incentive Plan consistent with the terms as described above.
+Added: A copy of the Section 16 Incentive Plan is attached as Exhibit 10.1 hereto and is incorporated herein by reference.
+Added: The foregoing description of the Section 16 Incentive Plan does not purport to be complete and is qualified in its entirety by reference to such exhibit.
The exhibits required to be filed herewith by Item 601 of Regulation S-K, as described in the following index of exhibits, are attached hereto unless otherwise indicated as being incorporated by reference, as follows:
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Exhibit Description Form Exhibit Filing Date Herewith Not Filed
+Added: Viavi Solutions Inc.
+Added: Section 16 Officer Incentive Compensation Plan
Certification of the Chief Executive Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: February 3, 2023 VIAVI SOLUTIONS INC.
+Added: May 3, 2023 VIAVI SOLUTIONS INC.
/s/ HENK DERKSEN
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.