Long Term Incentive Program Payout Schedule Exhibit
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Summary
This document outlines the payout schedule for a Long Term Incentive Program (LTIP) based on the company's performance against its Earnings Per Share (EPS) target. The schedule specifies how the percentage of the targeted annual LTIP award is determined, with payouts increasing as corporate performance improves relative to the EPS target. If performance falls below 75% of the target, no payout is made, while exceeding 140% of the target results in a payout of over 200%. Awards for performance between thresholds are calculated on a straight-line basis.
EX-10.1 2 h65205exv10w1.htm EX-10.1 exv10w1 
Exhibit 10.1
EXHIBIT #1
LONG TERM INCENTIVE PROGRAM
PAYOUT SCHEDULE 1
LONG TERM INCENTIVE PROGRAM
PAYOUT SCHEDULE 1
| Corporate | ||||
| Performance | ||||
| Against EPS Target | ||||
| For the | LTIP Incentive | |||
| Performance Period | Plan Multiplier | |||
<75% | 0.00 | % | ||
75% | 50.00 | % | ||
80% | 60.00 | % | ||
85% | 70.00 | % | ||
90% | 80.00 | % | ||
95% | 90.00 | % | ||
100% | 100.00 | % | ||
105% | 112.50 | % | ||
110% | 125.00 | % | ||
115% | 137.50 | % | ||
120% | 150.00 | % | ||
125% | 162.50 | % | ||
130% | 175.00 | % | ||
135% | 187.50 | % | ||
140% > | 200.00 | % | ||
| 1 | Percent of participant’s targeted annual LTIP awarded will be interpolated on a straight line basis for EPS performance between threshold and maximum. |
