He will receive restricted common shares work $10 million on the completion of an IPO and $5 million each on the first- and second-year anniversary of any IPO with four-year vesting. President Stephan Scholl got a $45,000 reimbursement for relocation expenses and a one-time bonus of $150,000 early in 2011 after he joined Infor. Scholl's base was set at $500,000 and he was eligible for an annual bonus of up to $700,000. He also got an initial grant of 575,000 Infor shares and $3 million in restricted stock on the completion of an IPO and another $3 million on the first anniversary. Co-president Duncan Angove had a base salary of $600,000; an annual bonus of up to $600,000 and a stretch bonus up to the same amount. His initial equity grant is 850,000 shares and there are restricted grants of $5 million at IPO time and another $5 million on the first anniversary. COO Pam Murphy and CFO Kevin Samuelson had contracts dated Jan. 25, 2012. Murphy received a $400,000 base salary, along with a bonus and stretch bonus up to $400,000 each and $2 million in stock initially and $2 million a year after an IPO. Samuelson's salary was $500,000 and his bonus and stretch bonus were up to $350,000 each, while he receive the same restricted stock grants as Murphy.