Item  5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers" -->
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) On July 22, 2008, the Governance, Nominating and Compensation Committee (the “GNC Committee”) of the Board of Directors of NaviSite, Inc. (the “Company”), established the target bonuses for the Company’s 2009 fiscal year for Mr. Arthur P. Becker, the Company’s Chief Executive Officer and President, and for Mr. James W. Pluntze, the Company’s Chief Financial Officer. Subject to the achievement of certain targets established by the GNC Committee, Mr. Becker’s target bonus for the Company’s 2009 fiscal year is 75% of his annual base salary of $350,000, and Mr. Pluntze’s target bonus for the Company’s 2009 fiscal year is 44% of his annual base salary of $243,000.

 

 

     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 hereunto duly authorized.
         
  NaviSite, Inc.
 
 
Date: July 28, 2008  By:   /s/ James W. Pluntze    
    James W. Pluntze   
    Chief Financial Officer