Fiscal Year 2007 CEO Performance Evaluation Criteria Agreement
This agreement outlines the performance criteria for the CEO of Cintas for fiscal year 2007. The CEO is responsible for achieving specific targets in earnings per share, total sales, implementing organizational changes in the Sales and Business Strategy division, improving diversity among salaried employees, and reducing sales representative turnover to a set percentage. The agreement sets clear expectations for the CEO's performance and guides the evaluation process for the year.
Exhibit 10.21
Fiscal Year 2007
Criteria For Performance Evaluation
Of The CEO
1. The CEO will direct the operation of the company in such a way as to achieve the fiscal year ’07 projected earnings per share of $__.
2. The CEO will direct the operation of the company in such a way as to achieve fiscal year ’07 projected sales of $__ billion.
3. The CEO will oversee the successful rollout of the Sales and Business Strategy organization changes _________________________________.
4. Improve the overall diversity of Cintas salaried partners _____________
_____________________________________________________________.
5. The CEO will focus the necessary resources to achieve the total company sales rep turnover goal of ___%.
