Dominion Homes, Inc. Amended 2006 Incentive Compensation Program
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Human Resources
- Bonus & Incentive Agreements
EX-10.3 4 dex103.htm AMENDED 2006 INCENTIVE COMPENSATION PROGRAM FOR JEFFREY CROFT Amended 2006 Incentive Compensation Program for Jeffrey Croft
Exhibit 10.3
Dominion Homes, Inc.
Amended 2006 Incentive Compensation Program
Jeffrey Croft, President and COO
Net Income (40% of Total)
Goal | Award | ||
Target | $ | 48,000 | |
Stretch | $ | 120,000 | |
Exceptional | $ | 200,000 |
Corporate Debt Management (40% of Total)
Goal | Award | ||
100% of Target Debt Reduction | $ | 48,000 | |
133% of Target Debt Reduction | $ | 120,000 | |
166% of Target Debt Reduction | $ | 200,000 |
Customer Satisfaction (20% of Total)
Goal | Award | ||
94% | $ | 24,000 | |
95% | $ | 60,000 | |
96% | $ | 100,000 |