Enesco Group Inc. 2005 Bonus Plan

Summary

This agreement outlines Enesco Group Inc.'s 2005 Bonus Plan for employees. The plan determines bonus payouts based on company performance, specifically net sales and operating income, with a sliding scale for payout percentages depending on achievement levels. Employees must remain full-time through year-end to qualify. The company reserves the right to withhold bonuses in cases of serious misconduct and may amend or suspend the plan at any time without notice.

EX-10.(AA) 3 c93646exv10wxaay.txt 2005 BONUS PLAN Exhibit 10(aa) ENESCO GROUP INC. 2005 BONUS PLAN COMPONENTS OF BONUS CALCULATION: Net Sales 40% Operating Income 60% (in absolute dollars) BONUS PAYOUT SLIDING SCALES: Achievement @ 80% = 30% target payout Achievement @ 90% = 60% target payout Achievement @ 95% = 80% target payout Achievement @ 100% = 100% target payout Achievement @ 105% = 112% target payout Achievement @ 110% = 125% target payout Achievement @ 115% = 140% target payout All bonus components will be calculated against the 2005 bonus goal sheet. Employees must be active full-time through the end of the year to be eligible for the annual incentive award. Enesco has the right to withhold partial or complete bonus payment in the event of employee serious misconduct at the discretion of the Board's Human Resources and Compensation Committee. Enesco may at anytime and from time to time, amend, modify or suspend this plan with/without prior notice. Enesco may at anytime and from time to time, amend, modify or suspend this plan with/without prior notice.