CHS Inc. Long-Term Incentive Plan XIV Plan Appendix (2017-2019)
EX-10.5F 11 ex-105ftiplan2017x2019app.htm EXHIBIT 10.5F Exhibit
Exhibit 10.5F
CHS LONG TERM INCENTIVE PLAN
Plan Appendix
Fiscal 2017- 2019 RETURN ON ADJUSTED EQUITY GOALS
Performance Targets | CHS ROAE | Description | Award as % of Target Goal |
Superior Performance Maximum | 20.0% | Superior Performance Goal | 400% |
Maximum | 9.0% | Maximum Performance Goal | 200% |
Target | 7.0% | Target Performance Goal | 100% |
Threshold | 5.5% | Minimum Performance Goal | 50% |
Note: Compensation earned for any Performance Period is mathematically interpolated when
performance results occur between the three ROAE Performance Targets.
RETURN ON ADJUSTED EQUITY EXPLANATION
ROAE (percentage determined by dividing three year adjusted year-end earnings by three year adjusted beginning year equity) | = | Three year Adjusted Year-End Earnings (earnings minus preferred stock dividends) |
Three year Adjusted Beginning Year Equity (beginning year equity minus preferred stock) |
* Equity is the difference between total assets and total liabilities in the balance sheet.