The Home Depot, Inc. Management Incentive Plan Performance Measures for Fiscal Year 2006
The Home Depot, Inc. Management Incentive Plan for Fiscal Year 2006 sets out the performance measures approved by the company's Leadership Development and Compensation Committee. These measures determine incentive payments to executive officers based on the company's actual sales and operating profit compared to specific targets during the 2006 fiscal year. The plan outlines how executive compensation is tied to the achievement of these financial goals.
Exhibit 10.5
THE HOME DEPOT, INC.
MANAGEMENT INCENTIVE PLAN
FISCAL YEAR 2006 PERFORMANCE MEASURES
On February 23, 2006, the Leadership Development and Compensation Committee of the Board of Directors of The Home Depot, Inc. approved performance measures to be used to determine payments to the Company’s Executive Officers under the Company’s Management Incentive Plan for the Company’s 2006 fiscal year. The performance measures are based on actual sales and operating profit measured against specified targets.
