FORMULA FOR DETERMINING 2016 TARGET PERFORMANCE SHARE UNIT AWARDS TO BE ISSUED TO NAMED EXECUTIVE OFFICERS
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- Bonus & Incentive Agreements
EX-10.24 6 aee-exhibit1024.htm FORMULA FOR DETERMINING 2016 TARGET PERFORMANCE SHARE UNIT AWARDS Exhibit
EXHIBIT 10.24
FORMULA FOR DETERMINING 2016 TARGET PERFORMANCE SHARE UNIT
AWARDS TO BE ISSUED TO NAMED EXECUTIVE OFFICERS
The target number of performance share units to be issued to each Named Executive Officer listed below for 2016 will be determined in accordance with the following formula:
2016 Target Number PSU Awards | = | Base Salary as of 1/1/16 | x | Long‑Term Incentive Target listed below |
Average closing price of Ameren Corporation Common Stock on The New York Stock Exchange for each trading day in December 2015 | ||||
NAMED EXECUTIVE OFFICER | LONG-TERM INCENTIVE TARGET AS PERCENT OF BASE SALARY |
Baxter | 350% |
Lyons | 195% |
Nelson | 160% |
Moehn | 180% |
Mark | 170% |
Diya | 140% |
Cole | 140% |
Steinke | 100% |
