2009 Annual Incentive Program for Non-Union Employees

Summary

This agreement outlines the 2009 Annual Incentive Program established by the company for all non-union employees. The program replaces previous annual cash incentive plans and offers employees a cash bonus opportunity based on company, division, and individual performance targets for 2009. The amount paid can range from 0% to 150% of the target, depending on performance, and payments will be made in cash during the first half of the following year.

EX-10.1 2 a2191634zex-10_1.htm EXHIBIT 10.1
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Exhibit 10.1

2009 Annual Incentive Program

For 2009, the Company established an annual incentive program (the "2009 Annual Incentive Program") covering all non-union employees. This Program replaced all prior annual cash incentive programs for non-union employees.

The 2009 Annual Incentive Program provides employee with a target opportunity based on the competitive level of target opportunity of employees in similar jobs at market reference companies that is payable in cash if certain company financial performance, division financial performance, and individual performance targets during 2009 are attained. Depending on the level of attainment, payment of the target opportunity may be from 0% to 150%. Payments are to be made in cash during the first two quarters following the year.

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