Ingram Micro Inc. Annual Executive Incentive Award Program Summary

Summary

Ingram Micro Inc.'s annual executive incentive award program offers performance-based bonuses to executives and management, determined by the company's achievement of financial goals. Each executive has a bonus target set as a percentage of their base salary, ranging from 45% to 100% for executive officers. If minimum profit targets are not met, no bonus is awarded, while the maximum possible bonus is twice the target amount. The Human Resources Committee may adjust awards at its discretion, but expects to do so only in exceptional cases.

EX-10.27 6 a27603exv10w27.txt EXHIBIT 10.27 EXHIBIT 10.27 INGRAM MICRO INC. SUMMARY OF ANNUAL EXECUTIVE INCENTIVE AWARD PROGRAM Ingram Micro's annual executive incentive award program provides for performance-based bonuses for executives as well as management-level associates and is based on Ingram Micro's performance relative to financial goals. Each executive role has an incentive target that is established as a percent of base salary. For executive officers, this percentage ranges from 45% up to 100%. If a threshold level of profit performance is not met, the incentive award would be zero. The maximum award for executive officers is two times the target award. The Human Resources Committee of the Board of Directors has the ability to make discretionary adjustments to awards under the annual incentive plan, but expects to exercise this discretion only under exceptional circumstances.