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EXHIBIT 10(l) TO ANNUAL REPORT ON FORM 10-K FOR SYMIX SYSTEMS, INC.
SUMMARY OF BONUS PLAN
The executive officers named in the Symix Systems, Inc. ("Symix" or the
"Company") Annual Report on Form 10-K for its fiscal year ended June 30, 2000
and other management employees of Symix ("Participants") participate in
compensation plans based upon the performance of Symix. Annual target bonuses
are established by the Symix Compensation Committee for executive officers and
by executive officers for all other Participants. Total targeted compensation is
determined based on average compensation (base compensation plus bonus) levels
for the industry. Under the Company's fiscal year 2000 plan (the "Plan"), a
Participant can earn a bonus based upon the performance of Symix as reflected by
Symix's earnings per share and revenue achievements in relation to its targeted
performance. Bonuses for revenue achievement are paid quarterly based upon
year-to-date performance. Quarterly eligible components are pro-rated against
targeted annual objectives. Bonuses are based on formulas which provide larger
bonuses for higher earnings per share and/or revenue achievement. The annual
earnings per share must be at least ninety percent (90%) of target before any
bonuses are earned. Variable components of the compensation plan are
self-correcting to reflect over or under achievement on a quarterly basis. A
maximum of 200% of the targeted bonus based on earnings per share and revenue
objectives is payable under the compensation plans in the event actual
performance of the Company exceeds 150% of targeted performance. In addition,
individual bonus plans may contain other variable components related to
management objectives, operating margins, and market or geographic revenue
targets. The Company's Chief Executive Officer is not a participant in the Plan
and his compensation is covered by his Employment Agreement with the Company.
