At 90% of Target

EX-10.II 18 exhibit10-ii.htm 2005 MANAGEMENT INCENTIVE PLAN 2005 Management Incentive Plan

EXHIBIT 10-ii

Analysts International Corporation

Summary of 2005 Management Incentive Compensation Plan


The following is a summary of the Company’s incentive compensation plan for fiscal year 2005. Employees set forth below are eligible to receive the indicated percentages of Gross Base Salary upon achieving certain pre-tax profit targets of the Company. Certain non-executive employees’ incentive compensation will be based on pre-tax profit and revenue growth targets set by the Company.

 
At 90%
of Target
At 100%
of Target
At 120%
of Target
At 200%
of Target
         
CEO
20%
30%
70%
140%
President
20%
30%
60%
120%
Other Executives1
20%
30%
50%
100%
General Managers
10%
20%
40%
80%

 
At 90%
of Target
At 100%
of Target
At 110%
of Target
At 150%
of Target
         
Area Managers
10%
20%
40%
80%

At any point between the performance percentages presented above, the covered employees may be eligible to receive a pro-rata payout. For example, at 95% of plan the CEO would receive a 25% payout.

Payments are subject to other eligibility requirements.





1  The term “Other Executives” refers to the Chief Operating Officer, General Counsel, Chief Financial Officer/Treasurer, Senior Vice President of Business Development/Strategy, and the Chief Information Officer.