2005 Executive Incentive Plan Individual Payout Ranges Schedule (Exhibit 10.01)

Summary

This document outlines the payout ranges for participants in the 2005 Executive Incentive Plan, detailing the threshold, target, and maximum incentive compensation opportunities for various executive positions based on both bank and individual performance. The plan applies to executives such as the President, CEO, CFO, and other senior officers, specifying the percentage of base salary that can be earned as incentive pay. Some information is redacted for confidentiality. The agreement sets clear performance-based criteria for bonus payouts in 2005.

EX-10.01 2 y19008exv10w01.htm EX-10.01: 2005 EXECUTIVE INCENTIVE PLAN EX-10.01

Note: Redacted portions have been marked with [***]. The redacted portions are subject to a request for confidential treatment that has been filed with the Securities and Exchange Commission.

Exhibit 10.01
Schedule B

INDIVIDUAL PAYOUT RANGES

The table below shows the threshold, target and maximum payout levels for Executive Incentive Plan Participants in 2005


	ICP Opportunity for Bank Component																	ICP Opportunity for Individual Component
			Threshold					Target					Maximum					Target
	2005					Dollar					Dollar					Dollar					Dollar
Ranking/Title	Base Salary		% of Base			Amount		% of Base			Amount		% of Base			Amount		% of Base			Amount


President	Bank Performance at 90%																	Individual Performance at 10%
Chief Executive Officer	$	534,879		17.5	%	$	84,244		35.0	%	$	168,487		70.0	%	$	336,974		35.0	%	$	18,721

Management Committee Members	Bank Performance at 90%																	Individual Performance at 10%
Chief Financial Officer	$	232,946		15.0	%	$	31,448		30.0	%	$	62,896		60.0	%	$	125,791		30.0	%	$	6,988
SVP, Chief Risk Officer	$	355,300		15.0	%	$	47,966		30.0	%	$	95,931		60.0	%	$	191,862		30.0	%	$	10,659
[***]		[***]		[***]			[***]		[***]			[***]		[***]			[***]		[***]			[***]
[***]		[***]		[***]			[***]		[***]			[***]		[***]			[***]		[***]			[***]
SVP, Head of Member Services	$	252,633		15.0	%	$	34,106		30.0	%	$	68,211		60.0	%	$	136,422		30.0	%	$	7,579
[***]		[***]		[***]			[***]		[***]			[***]		[***]			[***]		[***]			[***]
SVP, Interim Head of Asset Liability Management	$	247,891		15.0	%	$	33,466		30.0	%	$	66,930		60.0	%	$	133,862		30.0	%	$	7,437

Senior Vice Presidents
*(Non Management Committee Members)*	Bank Performance at [***]%																	Individual Performance at [***]%
[***]		[***]		[***]			[***]		[***]			[***]		[***]			[***]		[***]			[***]

Note: Redacted portions have been marked with [***]. The redacted portions are subject to a request for confidential treatment that has been filed with the Securities and Exchange Commission.

ICP Opportunity for Bank Component

ICP Opportunity for Individual Component

Threshold

Target

Maximum

Target

2005

Dollar

Ranking/Title

Base Salary

% of Base

Amount

% of Base

Amount

% of Base

Amount

% of Base

Amount

Vice Presidents & Director of Compliance

Bank Performance at [***]%

Individual Performance at [***]%

[***]

Note: Redacted portions have been marked with [***]. The redacted portions are subject to a request for confidential treatment that has been filed with the Securities and Exchange Commission.

ICP Opportunity for Bank Component

ICP Opportunity for Individual Component

Threshold

Target

Maximum

Target

2005

Dollar

Ranking/Title

Base Salary

% of Base

Amount

% of Base

Amount

% of Base

Amount

% of Base

Amount

Assistant Vice Presidents

Bank Performance at [***]%

Individual Performance at [***]%

[***]

Calling Officers

Bank Performance at [***]%

Individual Performance at [***]%

[***]

Officers

Bank Performance at [***]%

Individual Performance at [***]%

[***]

Note: Redacted portions have been marked with [***]. The redacted portions are subject to a request for confidential treatment that has been filed with the Securities and Exchange Commission.

ICP Opportunity for Bank Component

ICP Opportunity for Individual Component

Threshold

Target

Maximum

Target

2005

Dollar

Ranking/Title

Base Salary

% of Base

Amount

% of Base

Amount

% of Base

Amount

% of Base

Amount

[***]

Exempt

Bank Performance at [***]%

Individual Performance at [***]%

[***]

Note: Redacted portions have been marked with [***]. The redacted portions are subject to a request for confidential treatment that has been filed with the Securities and Exchange Commission.

ICP Opportunity for Bank Component

ICP Opportunity for Individual Component

Threshold

Target

Maximum

Target

2005

Dollar

Ranking/Title

Base Salary

% of Base

Amount

% of Base

Amount

% of Base

Amount

% of Base

Amount

[***]

Note: Redacted portions have been marked with [***]. The redacted portions are subject to a request for confidential treatment that has been filed with the Securities and Exchange Commission.

ICP Opportunity for Bank Component

ICP Opportunity for Individual Component

Threshold

Target

Maximum

Target

2005

Dollar

Ranking/Title

Base Salary

% of Base

Amount

% of Base

Amount

% of Base

Amount

% of Base

Amount

[***]

Note: Redacted portions have been marked with [***]. The redacted portions are subject to a request for confidential treatment that has been filed with the Securities and Exchange Commission.

ICP Opportunity for Bank Component

ICP Opportunity for Individual Component

Threshold

Target

Maximum

Target

2005

Dollar

Ranking/Title

Base Salary

% of Base

Amount

% of Base

Amount

% of Base

Amount

% of Base

Amount

[***]