Belden Inc. Long-Term Cash Performance Plan Summary

Summary

Belden Inc. has established a Long-Term Cash Performance Plan for management as part of its overall compensation program. Under this plan, eligible management members receive annual awards that are paid out in cash after a four-year performance period, based on the company's achievement of specific financial goals related to EBITDA and ROIC compared to a benchmark index. The Compensation Committee sets these performance targets, and the final payout can range from nothing to a maximum amount, depending on results.

EX-10.14 4 c75362exv10w14.txt BELDEN INC. LONG-TERM CASH PERFORMANCE PLAN EXHIBIT 10.14 BELDEN INC. LONG-TERM CASH PERFORMANCE PLAN (SUMMARY) The Belden Inc. Long-Term Cash Performance Plan is part of the long-term component of management's total compensation (the other long-term components being stock options, restricted stock and other awards under the Long-Term Incentive Plan). Awards are given annually and have four-year performance cycles. At the end of the four years, the management participant's cash payment will be determined by the achievement of Company-based financial objectives during the four-year period. Such financial objectives are based on the Company's EBITDA and ROIC during the measurement period relative to a benchmark index. Depending on the Company's attainment of such performance goals, the award will either result in no payment, a minimum payment, a target payment, a maximum payment or a payment in between these amounts. The Compensation Committee establishes the performance goals for each award.