Aflac Incorporated Sales Incentive Plan for Director of Sales
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Bonus & Incentive Agreements
Summary
Aflac Incorporated's Sales Incentive Plan (SIP) is an unwritten agreement under which the Director of Sales is eligible for performance-based bonuses. These bonuses are awarded based on the achievement of specific targets related to new annualized premium sales growth and field force development, which are set at the start of each year. The actual bonus amount is determined after the performance period ends, depending on how well the objectives were met.
EX-10.8 3 g11443exv10w8.htm EX-10.8 AFLAC INCORPORATED SALES INCENTIVE PLAN EX-10.8 AFLAC INCORPORATED SALES INCENTIVE PLAN
Aflac Incorporated 2007 Form 10-K
EXHIBIT 10.8
Aflac Incorporated Sales Incentive Plan
Aflac maintains an unwritten Sales Incentive Plan (SIP) under which the Director of Sales of Aflac is a participant. The SIP provides for performance-based bonuses based on the achievement of new annualized premium sales growth and field force development objectives. The targets for each objective are determined at the beginning of the performance period (typically the calendar year). Bonuses under the SIP are determined based on performance achievement results at the conclusion of the performance period.
EXH 10.8-1
