Ryan Cohen could be in for a big payday, but he has to grow meme darling GameStop to $100 billion

GameStop

has laid out a a massive, all-or-nothing equity incentive for Chairman and CEO Ryan Cohen that will only pay out if the video game retailer’s stock and profits soar to levels far beyond anything it has achieved to date.

The board of GameStop granted Cohen performance-based stock options tied to a $100 billion market-capitalization target and $10 billion in cumulative earnings before interest, taxes, depreciation and amortization, according to a statement released Wednesday.

Under the terms of the plan, Cohen receives nothing unless the minimum thresholds are met, and there is no partial credit if targets are missed. If GameStop fails to reach at least $20 billion in market capitalization and $2 billion in cumulative EBITDA, none of the options will vest.

GameStop shares slid 36% last year and the company currently has a market cap of $9.3 billion. The company reported a net income of $77.1 million in the third quarter.