ESMARK INCORPORATED
EX-10.14(B) 5 dex1014b.htm FORM OF GRANT AGREEMENT Form of Grant Agreement
Exhibit 10.14(b)
ESMARK INCORPORATED
2008 MANAGEMENT INCENTIVE PLAN - MIP
NAME
TITLE
MIP INCENTIVE PAYOUT AS A % OF SALARY
| Threshold Bonus % (80% of Goals) | Target Bonus % (100% of Goals) | Maximum Bonus % (120% of Goals) | ||
| 20% | 40% | 80% |
Company Performance Objective
MIP Trigger: Net Income Positive
and
Esmark Incorporated Performance Objective: EBITDA of $129 Million
Shareholder Performance Objective
Meet or Exceed an Increase in Shareholder Value of 15% (Starting point as of 12/31/07)
NAME
TITLE
Individual Performance Objectives
| 1. |
| 2. |
| 3. |
| 5. |
| 6. |
Board of Director Approval: April 29, 2008
2
