Summary of Performance Objectives for Robert Bucher – May 2006 Performance Option Grant

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the performance objectives for Robert Bucher related to a May 2006 performance option grant. The objectives include achieving specific revenue and EBIT targets, restructuring the sales force, meeting goals for certain accounts, holding progress discussions with key parties, completing product development stages, and finishing internal projects in Europe and the US. Each objective is assigned a specific weighting, which determines its impact on the overall performance evaluation.

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EX-10.2 3 a5144973ex10-2.txt EXHIBIT 10.2 Exhibit 10.2 SUMMARY OF PERFORMANCE OBJECTIVES APPLICABLE TO ROBERT BUCHER 5/06 PERFORMANCE OPTION GRANT TARGET WEIGHTING Achieve min, level of Revenue and EBIT (excluding the effect of FAS R 123 option costs) 35% Restructure the Sales force as required for vertical markets and key account initiatives 10% Measure regarding certain specified accounts 15% Hold material progress discussions with specified parties 20% Complete specified product development stages 10% Complete Europe and US specified internal projects 10%