2008 Executive Incentive Plan Targets

EX-10.24 3 a08-7690_1ex10d24.htm EX-10.24

Exhibit 10.24

 

2008 Executive Incentive Plan Targets

 

Senior Manager

 

2008 Executive Incentive Plan Target
as a Percent of 2008 Base Salary

 

Gary D. Blackford

 

85

%

Rex T. Clevenger

 

75

%

Timothy W. Kuck

 

70

%

Jeffrey L. Singer

 

70

%

Walter T. Chesley

 

65

%

Diana Vance-Bryan

 

65

%

 

Target Achievement*

 

Bonus Multiplier

 

110%

 

200

%

105%

 

150

%

100%

 

100

%

99%

 

90

%

98%

 

80

%

97%

 

70

%

96%

 

60

%

95%

 

50

%

94%

 

40

%

93%

 

30

%

<93%

 

Zero

 

 

 

 

 

 


                * The target is set by the compensation committee and the board of directors

 

                Scale Methodology

 

                                                Directionally, every 1% variance to Target has a 10 times multiplier, with bookends at 110% and 93%, subject to the discretion of the compensation committee and the board of directors.