Re:
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Forrester Research, Inc. | |
Form 10-K for the fiscal year ended December 31, 2009 | ||
Filed March 12, 2010 | ||
File No. 000-21433 |
| The mix of compensation among base salary and cash incentives, with employees earning a significant portion of their compensation in the form of base salary. | ||
| Generally, our compensation policies and practices are uniform across each of our business units and geographic regions. | ||
| Our bonus plan for executive officers and employees provides for multiple pay-out levels based on pre-established targets. | ||
| We set reasonable bonus targets annually for executives and employees, require that minimum threshold performance targets be achieved before any bonuses are paid, and bonus payouts in any given year are capped under our bonus plan. |
| We use multiple performance measures, including bookings and operating profit. | ||
| Equity based awards granted to executives and other employees under our equity incentive plan are subject to multi-year or performance-based vesting criteria, and require that the employee remain employed through the vesting date or when performance criteria are measured to realize the value of these awards. |
| the Company is responsible for the adequacy and accuracy of the disclosure in the filing; | ||
| staff comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to the filing; and | ||
| the Company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. |
Sincerely, |
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/s/ Gail S. Mann | ||||
Chief Legal Officer and Secretary | ||||
cc:
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George F. Colony | |
Michael A. Doyle |