FCStone Group, Inc. Staff Incentive Plan Effective FY 2007
Exhibit 10.10
FCStone Group, Inc.
Staff Incentive Plan
Effective FY 2007
Performance Measure
| • | Staff 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. |
| • | Return on Equity for 100% of target incentive percentages is between 20% to 25%. Actual target incentive percentage will be prorated based on the pretax ROE schedule as follows: |
| ROE % | % of Target | |
| Under 10% | 0 | |
| 10% | 50% | |
| 15% | 75% | |
| 17.5% | 87.5% | |
| 20% | 100% | |
| 25% | 100% | |
| 30% | 120% | |
| 35% | 140% | |
| 40% | 160% | |
| 45% | 180% | |
| 50% | 200% |
| • | Staff target percentages as a percentage of base salary are as follows: |
| Position | Target % | |
| Runners | 6% | |
| Clearing Offices | 8% | |
| Commercial Offices / Clerical | 10% | |
| Managers | 15% | |
| Selected Managers | 20% | |
| Selected Officers | 30% |
| • | Individual plan awards are entirely subjective and discretionary but overall plan awards are limited to above total calculation. |
Approved – January, 2007 Board Meeting
| /s/ Bruce Krehbiel | February 15, 2007 | |
| Bruce Krehbiel, Chairman of Compensation Committee | Date |
