ThinkSmart will link the non-cash bonus of its chief executive, Ned Montarello, wholly to a revival in the firm's share price, the notice of the meeting for the firm's annual meeting shows.The board proposes to issue Montarello with up to one million shares that will vest after three years.One quarter of the shares will vest if the share price exceeds by 40 per cent, over any 30-day period, what that price was in the five days prior to the issue of the performance shares (this will be some time after the AGM in late May).Another quarter of the shares will vest if the share price exceeds by 80 per cent, over any 30-day period, the initial issue price.The remaining 500,000 shares will vest if the share price exceeds by 120 per cent, over any 30-day period, the initial issue price.Shares in ThinkSmart are presently in the doldrums. They closed yesterday at 31.5 cents, only one cent higher than their 12-month low of 30.5 cents earlier this month.Cautious consumer and business confidence has taken the shine off the firm's merchant finance business in Australia, where assets under management and new business levels fell last year.Business is, or was, looking up in the UK, though investors may regard the prospects of the expansion of the ThinkSmart franchise as unlikely to reap reasonable returns in light of the extended recession in that country.