Dominion Homes, Inc. Amended 2006 Incentive Compensation Program
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Human Resources
- Bonus & Incentive Agreements
EX-10.4 5 dex104.htm AMENDED 2006 INCENTIVE COMPENSATION PROGRAM FOR WILLIAM G. CORNELY Amended 2006 Incentive Compensation Program for William G. Cornely
Exhibit 10.4
Dominion Homes, Inc.
Amended 2006 Incentive Compensation Program
William G. Cornely, Senior Vice President of Finance and CFO
Net Income (40% of Total)
Goal | Award | ||
Target | $ | 30,000 | |
Stretch | $ | 75,000 | |
Exceptional | $ | 125,000 |
Corporate Debt Management (40% of Total)
Goal | Award | ||
100% of Target Debt Reduction | $ | 30,000 | |
133% of Target Debt Reduction | $ | 75,000 | |
166% of Target Debt Reduction | $ | 125,000 |
Customer Satisfaction (20% of Total)
Goal | Award | ||
94% | $ | 15,000 | |
95% | $ | 37,500 | |
96% | $ | 62,500 |