Chromcraft Revington, Inc. 2011 Executive Incentive Compensation Award Letter
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Summary
Chromcraft Revington, Inc. is offering you performance share and cash bonus opportunities for 2011 under its 2007 Executive Incentive Plan. The specific performance goals, targets, and terms are detailed in an attachment and the plan documents. This letter does not guarantee continued employment, which remains subject to your existing agreement or at-will status. You must sign an award agreement for the performance share opportunity.
EX-10.92 2 ex10_92.htm EXHIBIT 10.92 ex10_92.htm
Exhibit 10.92
CHROMCRAFT REVINGTON, INC.
1330 Win Hentschel Boulevard, Suite 250
West Lafayette, Indiana 47906
March 25, 2011
[Name]
[Title]
Chromcraft Revington, Inc.
1330 Win Hentschel Boulevard, Suite 250
West Lafayette, Indiana 47906
Dear __________:
RE: Incentive Compensation Award Opportunities for 2011
We are pleased to inform you that Chromcraft Revington, Inc. (Company) has awarded you performance share and short-term cash bonus opportunities under the Company’s 2007 Executive Incentive Plan (Plan) for the performance period beginning on January 1, 2011 and ending on December 31, 2011.
The performance measures, performance targets, award rates and other terms and conditions of these award opportunities are set forth in the attachment to this letter and in the Plan and, with respect to your performance share award opportunity, in the award agreement that you are required to sign.
This letter is not an agreement, understanding or commitment of the Company to continue your employment, {select applicable clause} [and your employment by the Company will continue to be subject to the existing written employment agreement between the Company and you] [and your employment by the Company will continue to be as an employee-at-will].
We look forward to your involvement in achieving the Company’s goals for 2011.
Very truly yours, | |
| John D. Swift |
Chairman of the Compensation Committee |