Dominion Homes, Inc. Amended 2006 Incentive Compensation Program

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