FCStone Group Inc. Executive Short Term Incentive Plan
EXHIBIT 10.8
FCStone Group Inc.
Executive Short Term Incentive Plan
Effective FY 2007
Performance Measure
| • | Executive short term incentive plan to be based on pretax Return on Equity |
Formula
| • | Return on Equity to be determined by: pretax operating income, adding back interest expense on subordinated debt, divided by average combined monthly equity (including ESOP stock) plus monthly subordinated debt. |
| • | Target incentive percentage at 15% ROE for current CEO, COO and CFO is 50% (Tier 1) of base salary. |
| • | Target incentive percentage at 15% ROE for Executive VP Clearing, VP NY Operations and VP – Controller/Treasurer is 40% (Tier II) of base salary. |
| • | Actual incentive percentage prorated based on the pretax ROE schedule as follows with no cap: |
| ROE% | 50% Tier I | 40% Tier II | ||||||
| Under 10% | 0 | 0 | ||||||
| Threshold | 10% | 25% | 20% | |||||
| Goal | 15% | 50% | 40% | |||||
| 20% | 75% | 60% | ||||||
| 25% | 100% | 80% | ||||||
| 30% | 126% | 101% | ||||||
| 35% | 151% | 121% | ||||||
| 40% | 176% | 141% | ||||||
| 45% | 201% | 161% | ||||||
| 50% | 226% | 181% |
Approved – January, 2007 Board Meeting
| /s/ Bruce Krehbiel | February 15, 2007 | |||||
| Bruce Krehbiel, Chairman of Compensation Committee | Date | |||||
